Information on the 50 States and the District of columbia

Click to select any of the states in the list below and scroll down to see state requirements.

 

Incorporating in Georgia

Corporate Name Requirements

* Name shall include word “Corporation”, “Company”, “Incorporated”
or “Limited”, or abbreviation thereof. The name shall not exceed
80 characters, including spaces and punctuation. The name may not
contain language stating or implying that the corporation is
organized for a purpose other than that permitted by Georgia law
or the articles of incorporation. The name may not contain
anything that, in the reasonable judgment of the Secretary of
State, is obscene. The name must be distinguishable from the other
corporation names in the state.

Articles of Incorporation Requirements

Director Information

  • Minimum Number – One or more.
  • Residence Requirements. – No provision.
  • Age Requirements – Natural person, 18 years old.
  • Directors are not required to be listed in the articles of incorporation.

Officer Information

  • The officers are not required to be listed in the articles of incorporation.

Stock Information

  • An increase in the shares does not cause an increase in the initial filing fee.

Yearly Requirements

Annual Statements

  • Annual statement is $15 dollars per year. The annual statement is due on April 1st, unless this is the first statement, then it is due within 90 days of incorporating.

Income Tax Rate

  • The income tax rate is 5.75% of net taxable income.

Net Worth Tax

  • Net worth, including issued capital stock, paid-in surplus and earned surplus. The net worth is presumed to be the net worth as disclosed on the corporation’s books and as reflected on the return required to be filed annually by the corporation. No par shares have the value fixed for stock by the Commissioner from required return and any other information available to Commissioner.
  • Net worth over But Not over Tax
    100,000 150,000 125
    150,000 200,000 150
    500,000 300,000 200
    300,000 500,000 250
    500,000 750,000 300
    750,000 1,000,000 500
    1,000,000 2,000,000 750
    2,000,000 4,000,000 1,000
    4,000,000 6,000,000 1,250
    6,000,000 8,000,000 1,5000
    8,000,000 10,000,000 1,750
    10,000,000 12,000,000 2,000
    12,000,000 14,000,000 2,500
    14,000,000 16,000,000 3,000
    16,000,000 18,000,000 3,500
    18,000,000 20,000,000 4,000
    20,000,000 22,000,000 4,500
    22,000,000 over 5,000

For more information on taxes, visit Georgia Department of Revenue – Business Taxes

 

C-Corporation

  • Shareholders have limited liability protection
  • May be listed and traded as a publiccorporation on the stock market or “over the counter”
  • Has a separate and independent tax status from its owners

S Corporation

  • Profits are not subject to “double taxation”
  • Corporate losses may be “passed through” to share holders
  • Shareholders are afforded the same protection as C Corp.

LLC formation

  • Contains characteristics of both corporation and partnership
  • Shareholders may take advantage of “Pass-Through” taxation
  • Limited liability for share holders

Not for profit corp

  • Eligible for tax-exempt status
  • Limited Liability protection
  • Qualify for public and private gains