General Questions: What types of entities are on file with the Corporations Division? What type of entity should I form?Create a new, domestic business and choose domestic limited liability company. Fill out the required information about your business entity (listed above). The limited liability company (LLCs) form is one of the most prevalent business entity forms in the United States and continues to rise in popularity. Business Personal Property assets must be reported on form PT-50P. The return is available on the forms and applications page or click here. Property taxes are charged against the owner of the property on January 1 and against the property itself if the owner is not known. The answer is yes, Georgia does have a property tax, which is an annual tax based on the estimated market value of your property. Follow the steps on the page below to determine your eligibility for an EIN, learn how to fill out the application, and receive your EIN confirmation notice.