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Georgia Professional Limited Liability Company PLLC Formation Package

State:
Georgia
Control #:
GA-00PLLC
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Description

This Professional Limited Liability Company - PLLC Formation Package state-specific form must be filed with the appropriate state agency in compliance with state law in order to create a new Professional Limited Liability Company. The form contains basic information concerning the PLLC, normally including the PLLC's name, purpose and duration of the PLLC, the registered address, registered agent, and related information.

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FAQ

The cost to start a Georgia limited liability company (LLC) is $100 online or $110 by mail. This fee is paid to the Georgia Corporations Division when filing the LLC's Articles of Organization.

Regarding the management flexibility and taxation, a PLLC has the same advantages of an LLC. The difference between the two is that the PLLC has some restrictions on who may be a member of the PLLC and the limitation of liability of the members. With an LLC, anyone can be a member, or owner, of the business.

To form a PLLC, at least one of the owners (owners are known as members) must be a licensed professional. In some states, all members must have a license in the same profession. In these states, an owner can hire an employee to help run the business, but only professionals can legally own the business.

A PLLC, or professional limited liability company, is a special type of LLC that may only be formed by licensed professionals for the purpose of rendering professional services. While this is not required, doing so can be beneficial for tax, liability, financing, and other reasons.

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Georgia Professional Limited Liability Company PLLC Formation Package