| GEORGIA |
| Name |
Must contain words Company, Corporation, Incorporated, Inc., Corp., Co., Limited Liability Company, Limited Company, Limited, L.L.C., LLC, Ltd, L.C. or LC. Fictitious names fee is $8. |
| Information about Directors and Officers |
Company must have at least one Director who is minimum 18 years old. No requirements for residence or age. Director can hold all officers positions. It is not required to list Directors and Officers in the Articles of Incorporation. |
| Requirements for address |
Home or Office street can be considered as company address. P.O. Box is not admissible. |
| Registered Agent |
Registered Agent is required if you do not live or have an office in Georgia. Otherwise, you can be your Own Registered Agent. |
| Shares/Stock information |
Number of shares is at your discretion. Initial filing fees do not change with an increase in shares or par value. |
| Annual statement |
Annual Registration Form costs $15 and is due within 90 days of incorporating. Annual Statement is due on April 1 every year. |
| State fees |
State filing fee is $60. |
| Income tax rate |
6% on taxable income. There is also a tax on the Corporation's net worth, including issued capital stock, paid-in surplus. |
| Franchise tax |
No franchise tax. |
| S Corporations |
Status is recognized by the State as long as all shareholders are subject to the tax in the State. Non-resident shareholders must execute a consent agreement to pay Georgia income tax on their portion of the income in order fir the S Corporation to be recognized for Georgia purposes. A separate State election from federal election is not required. |
| License requirements |
Some businesses must obtain a license and pay a fee if operating in the State. Check with the State to make sure your business is complying with the license requirements for your particular profession. |
| Corporate records |
Corporate records must be kept; however, they are not required to be stored at a specific location. |
