General Guide to Company Incorporation in Georgia

Updated on Friday 22nd December 2017

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Regardless of the industry you want to activate in, the state of Georgia offers varied business opportunities for both local and foreign entrepreneurs. As the 8th largest state in USA, Georgia offers access to international markets, lower operational expenses, proper infrastructure and an appreciated workforce. The permissive legislation for foreign investments opens the doors for all business persons in search for introducing their operations on the American market. To identify and understand how businesses can be registered in Georgia, we invite you to read the general guide to company incorporation in Georgia, reminding that each step of the process can be entirely supervised and guided by our team of specialists in company formation in USA.

LLCs in Georgia

The most popular entity through which you can start a business in USA is the limited liability company which can be successfully established in Georgia. The first step in opening an LLC is to search for a valid name, considering that the LLC or L.L.C. should be added at the end of it. As most companies in USA require, a registered agent is mandatory for your LLC in Georgia. This can be a natural person with domiciliation in USA, who is going to be in charge of the company’s documents. You may also think of a company in USA which can be the registered agent, but we suggest you talk to our advisors in company formation, as they can act on behalf of your business in Georgia.

One can establish a firm in Georgia without having to relocate in the state. As for the Articles of Association, these must include information about the owners (name, address, nationality), the business address, the purpose and the activities of the company, the name of the directors and details about the selected agent. Moreover, when starting a company in Georgia, an operating agreement must be considered. This is a legal document that states the functioning procedure of your firm and details about the ownership.

Employer Identification Number for your business in Georgia

As a mandatory condition, each enterprise cannot activate on the market without the Employer Identification Number, or simply the EIN. This is issued by the Internal Revenue Service (IRS) and it is necessary for hiring staff, open a bank account, register for tax purposes and if you want to change the business structure at a certain point. Obtaining the EIN represents the most important step in opening a company in USA, including Georgia.

The tax regime in Georgia

Georgia offers numerous advantages for entrepreneurs establishing their companies in the state. One of them is the taxation system and the exemption related to certain domains. It is good to know that the sales tax is set at a 4% rate, but it is not imposed on foods, medical equipment, and prescription medicines. Local taxes might concern companies registered in particular jurisdictions. Please also consider that in Atlanta, the capital of Georgia, a 1% municipal option sales tax is imposed on transactions with products sold or used within the incorporated city perimeters of Atlanta.

Accounting services for your business in Georgia

Each company in Georgia regardless of the chosen business field should solicit accounting services for the company. Bookkeeping, payroll, and audits are only a few of the accounting services offered by a firm in Georgia. Tracking the business transactions and controlling the incomes and the costs in a firm is part of the overall accounting services you can solicit for your business.

Promoting the business on the internet

Whether you have established a branch or a brand-new company in Georgia, it is recommended to concentrate on the marketing strategies which can develop your firm on the internet. You may start with creating a website for your activities in Georgia and present your goods and services offered on the market. Even if it is a competitive business field, your enterprise should be properly presented on the internet, in order to gain clients from around the world.

Virtual office in Georgia

If you do not want to relocate yet in Georgia, you have the possibility of obtaining virtual office services with the help of our company formation representatives in USA. Besides a prominent business office in Georgia, the virtual office services involve a local business number, call forwarding, mail correspondence, information about the firm and business meetings with future partners.

The main industries in Atlanta

The stable economy of the state of Georgia is based on agriculture, the movie industry, the energy, the automotive sector and also the tourism industry. More than 14 million tourists visit Georgia each year attracted by the entertainment industry among many others. Furthermore, the agriculture sector in Georgia generates profits of about $72 billion every year, a solid reason why this field is preferred for business.

If you want to start a company in USA, and particularly in Georgia, we suggest you address to our company incorporation agents in USA for comprehensive support and guidelines. For additional information about how you can set up a company in Georgia, we recommend you to get in touch with our team of company incorporation consultants in USA.



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