After forming a limited liability company (LLC), you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability an LLC provides its owner(s). This guide outlines the ongoing requirements for Georgia LLCs.
Georgia LLC taxes and fees
The following are taxation requirements and ongoing fees for Georgia LLCs:
- Annual report. Georgia requires LLCs to file an annual report, which is due on April 1. The annual report filing fee is $50.
- Taxes. If an LLC chooses to be taxed as a corporation, the Georgia franchise tax charged to corporations will also apply to the LLC. For complete details on state taxes for Georgia LLCs, visit Business Owner's Toolkit or the State of Georgia.
- Federal tax identification number (EIN). An EIN is required for LLCs that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
- State tax identification number. Georgia requires a state tax identification number.
Business licenses in Georgia
Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.
Additional Georgia information
View the following additional resources BizFilings has for forming and maintaining companies in Georgia:
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