Registering a business name in any state involves the right guidance to avoid future risks. When it comes to the business-friendly states in the USA, Georgia ranks at 7th number and offers favorable conditions for entrepreneurs and business owners. To reap the ultimate benefits of running business here, you must be aware of the right business name registration process in Georgia. Whether you are about to start a new business or want to register an existing one, this guide will provide a step-by-step process for registering a business name in Georgia.
Benefits Of Register Your Business Name In Georgia
Before we dive into the process of business name registration in Georgia, you must be aware of the various benefits of registering a business name with the Georgia Secretary of State. Like any business owner, your priority of registering a business in a different state involves lower taxes, business credits, and favorable business conditions. Georgia is one of the states in the United States of America that offers various benefits to business owners.
Easy Registration Process
The business name registration process in Georgia is easier compared to other states in the USA. According to the World Bank’s annual global ranking of doing business, Georgia ranks at 7th position in the world for ease of doing business. This state offers favorable business conditions to entrepreneurs and business owners. That’s why it is recommended to register a business name in Georgia.
One of the significant reasons to register a business name in Georgia is the various tax benefits. Georgia has an Estonian tax model as the tax assessment. In this model, there is an obligation to pay income tax only when your business distributes the profit earned. In addition, the state government also provides tax credits to eligible businesses.
Access To Corporate Banking Services
For setting up a business in a new state, it is essential to have access to corporate banking services. When you register your business name in Georgia, you have direct access to a wide range of corporate banking services. Whether it’s opening a corporate bank account or securing a business loan, the corporate banking services in Georgia offer seamless services. In addition, banks here ensure the confidentiality of the account holders’ financial information.
A Step-By-Step Process Of Business Name Registration In Georgia
Most new business owners often ask: how can I register my business name in GA hassle-free? Well, it is essential to know that the business name registration process in Georgia involves understanding the state compliances and various requirements. In such a case, a registered agent can assist you and come up with the right business name registration process that saves you time. Here is the detailed process of register a business name in Georgia:
Step 1- Identify Your Business Structure
The primary step in the business name registration process is identifying your business structure. It will determine how you will register your business name in Georgia. Various business structures involve general partnerships, sole proprietorships, Limited Liability Companies (LLCs), and corporations. It is recommended to form an LLC as it comes with personal asset protection and feasible tax benefits. If you have any confusion in identifying your business structure, you can take the assistance of the business agent.
Step 2- Comes Up With Business Name
Once you decide on the business structure, developing the business name is the next step. In most cases, entrepreneurs already decide a business name before register a business name in Georgia. However, if you don’t have a business name yet, we advise you to brainstorm the name you want to register with the Georgia Secretary of State.
Step 3- Check the Availability Of the Business Name
Before you start the process of business name registration in Georgia, it is essential to check the availability of the business name. For this, you can use the Georgia Corporations Division business search feature, which shows you the business name’s availability in the state.
Step 4- Register Your Business Name
As soon as you check the availability of a business name, it’s time to register your business name in GA. The registration process depends on your business structure and legal requirements to file a business trademark with the Georgia Secretary of State. Registering an LLC requires filing Articles of an Organization with the Georgia Corporation Division. You can file it via online or by mail. The process of filing an application online is as follows:
- Visit the Georgia Secretary of State’s online service page.
- Create a user account by filling in the required details in the form.
- Now, select the Name Reservation option.
- Next, fill out the three desired names and personal information per your preferences.
- After that, pay the application form fee of $25 via your approved credit card.
The processing time for an application form is 7 business days. In addition, the business name filing fee is non-refundable. You can also request a business name registration in Georgia by mail by following the simple steps shown below:
- First, download and fill out the business name reservation request form.
- Mail the form along with a $35 check or money order to the office of the Georgia Secretary of State.
It will take at least 15 business days unless the business name reservation request is expedited for an additional cost.
Step 5 Wait For An Approval
Once you request a business name registration, the Georgia Secretary of State takes some time to conduct a thorough name search. In case your business name is taken, the agency will continue searching the name you provided in your state order of preference. Once your business name is approved, it will be reserved for 30 days. If you wish to continue reserving your name after 30 working days, you must reapply and pay an additional $25 fee.
In addition, you will get a confirmation mail on your registration email-id from the state government’s official site once your business name is registered successfully.
Following these simple steps, you can easily register your business name in Georgia. However, if you are confused and are still wondering “how to register my business name in GA”, we are here to help you. At Business Formation R US, we have experienced business agents who assist you with registering a business name in Georgia.
Register Business Name In Georgia With US
The process of business name registration in Georgia involves different steps, like deciding the business structure, a business name search, and filing an application form. You can easily register your business name in Georgia by yourself or take the assistance of a registered agent. We bring our wide range of business formation services to save entrepreneurs from the time-consuming and complex processes.
Business Formation R US helps entrepreneurs with legal business services that help them succeed. Our registered business agent offers personalized consultation on business name registration, tax identification number, operating agreement, and more. With us, you don’t need to figure out how to register my business name in GA per updated state compliances. We will guide you at each step and complete the paperwork on your behalf. To register a business name in Georgia, contact us now!