Atlanta Georgia Professional Limited Liability Company PLLC Formation Package

State:
Georgia
City:
Atlanta
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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Advantages Members of a PLLC aren't personally liable for the malpractice of any other member.PLLC members are not personally liable for business debts and lawsuits, such as unpaid office rent. The PLLC can choose to be taxed as a pass-through entity or as a corporation.

Georgia allows professionals to form both PLLCs and PCs, and both PLLCs and PCs provide liability protection for, respectively, their members or shareholders. Because the protection is essentially the same for both PLLCs and PCs, but PLLCs are simpler to create and operate, many professionals prefer the PLLC structure.

The main cost of forming a limited liability company (LLC) is the state filing fee. This fee ranges between $40 and $500, depending on your state.

A Texas PLLC is a limited liability company (LLC) formed specifically by people who will provide Texas licensed professional services. LLCs in general are businesses registered with the state that consist of one or more people?called LLC members?who own the business.

An LLC operating agreement isn't legally required in Georgia (though still highly recommended). Georgia has relatively affordable LLC filing fees ($100) and annual registration fees ($50).

Create a new, domestic business and choose domestic limited liability company. Fill out the required information about your business entity (listed above). Pay the $100 filing fee by approved credit card: Visa, MasterCard, American Express, or Discover.

Articles of Organization $100: The Georgia LLC filing fee is $100. You'll pay this fee when you file your Articles of Organization. Note: If you form your Georgia LLC online, you will be prompted to set up an ?eCorp? account on the Secretary of State's Georgia Corporations Division website.

With an LLC, anyone can be a member, or owner, of the business. State PLLC laws often provide that only licensed professionals can be members, or that a certain number of members must be licensed professionals. A PLLC cannot be used to shield the members from claims for malpractice.

Just follow these six steps, and you'll be on your way. Name Your Georgia LLC.Choose Your Registered Agent.Prepare and File Articles of Organization.Receive a Certificate From the State.Create an Operating Agreement.Get an Employer Identification Number.

Forming an LLC in Georgia is often advised because it offers owners the same limitation of liability as a corporation, but with less complexity.

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Atlanta Georgia Professional Limited Liability Company PLLC Formation Package