Georgia Corporation

For Georgia Corporation prices and State fees, please visit the costs page for forming a Corporation in Georgia.

A Georgia corporation is a separate legal entity and is owned by shareholders and managed by directors. The Georgia corporation directors appoint officers to run the corporation on a day-to-day basis and determine policies and actions to be taken by the corporation. In order for the corporation to be operated correctly, some formalities must be observed. These include, issuing stock, meeting of the shareholders and maintaining meeting minutes. When these formalities are observed, the corporation will be recognized as a separate "e;person" from those who own it, in the eyes of a court, creditor and the IRS.

Georgia corporation must have a registered address, or a designated registered agent. This is a physical address located in the state you are incorporated in. corporation owners cannot use a PO box for this purpose, so if privacy is a concern, you can designate a registered agent for service process. Companies Incorporated offers FREE registered agent service to all its customers for one year. Mail forwarding and other representation services are included with this service.

A corporation is a common form of business organization that is chartered by a state government. It is granted many legal rights as an entity separate from its owners. The corporation is distinguished by limiting the liability of its owners, issuing shares of stock that can be transferred from one individual to another, and its ability to have perpetual existence. Because a corporation is separate from its owners it can protect them from being personally liable when the company is sued (known as limited liability). In addition there are tax benefits available to incorporated businesses that are not available to unincorporated businesses.