so you want to start a business…
As a business owner, your job is to build your business, and Middle Georgia Estate Planning can be your legal guide. Having an attorney on your side is one of the best investments you can make to start your business on the right foot and for your company’s future growth. Our firm offers the tools to understand how laws and regulations affect your business in Dublin, Laurens County, and throughout the state of Georgia.
At Warren Greer Law, business law planning may include:
Setting up new LLCs, corporations, and nonprofits
Business succession planning
Help with buying and selling businesses, assets, equipment, and real estate
Drafting, reviewing, and negotiating contracts
Advisory services related to best practices, risk management, and growth strategy
At Middle Georgia Estate Planning, the most common type of entity we are asked about is Georgia Limited Liability Companies. Limited Liability Companies, or LLCs, have become the most utilized entities for business organizations in the last few decades. Ownership of an LLC can be structured to provide for management of the LLC by one or more persons who may or may not have an ownership interest in the LLC. Because of the flexibility in structuring ownership and management, LLCs can also be great tools for estate planning.
Unlike some states, the costs of forming and maintaining the LLC are reasonable in Georgia. In Georgia, the Business Services Division of the Office of the Secretary of State handles LLC filing and annual registration. The Secretary of State of Georgia determines the availability of names and will reserve an available name for 30 days for $25. The filing fee paid to the Secretary of State is $100 unless the filer elects to expedite the filing. The annual registration fee paid to the Secretary of State is $50 yearly.
Don’t take the risk of filing your business yourself
While filing online may seem simple at first, you need the guidance of an experienced attorney to ensure you have the proper framework established to operate your business legally in Georgia.
Because of the seeming simplicity, sometimes, individuals attempt to form their LLC entity on their own. Filing the Articles of Organization, which technically create an LLC, is relatively simple, but beware: completing the formation of the entity, drafting a legally necessary operating agreement, transferring real property into the LLC, and assuring full compliance with the law is the job of a lawyer experienced with entity formation. At Middle Georgia Estate Planning, we are here to help create your business entity so that it meets the requirements necessary under the laws of the State of Georgia and is structured with your goals in mind.
Please contact Middle Georgia Estate Planning for a consultation to learn more about our business law services in Dublin and Laurens County, Georgia, and surrounding Georgia areas.