Georgia Pre Registration
Georgia Pre Registration allows companies to establish a legal identity from the nation of Georgia. It's also known as"business entity" registration. To register a business in Georgia, an authorized agent may have to act on behalf of the provider. This agent must follow all laws concerning corporations and enrolled agents. He must also file reports with the Secretary of State on behalf of the provider.
http://sv.ivisa.com/georgia-pre-registration Georgia enables a business to be active from the market after it has been in operation for one year. In case the company is newly organized, its name has to be submitted to the Georgia Corporation Commission for approval. On submission, the title of the business, its officers, its business goal and objectives, and its own financial condition has to be presented for approval. The Commission will examine whether the company meets all of the requirements needed to establish it as a lawful business in Georgia. The company also needs to offer a copy of its complete annual report and the financial statement. To be granted a certificate of enrollment, the corporation must also submit two kinds of certifications. One is called the"Resident Certificate of Registration", which proves that the business has permanent residency in Georgia. The other set of documents is known as"Commercial Activity Certificate". It means that the business has been conducting a trade or business within the nation. Georgia Pre Registration permits a company to have two cards. One is the Business Identification Card. This card may be used by licensed agents and officers of the business, to display their business cards. Additionally, it acts as proof of identity. Business entities can use this card to file tax returns. Georgia Pre Registration also allows the business to buy or sell real estate within the nation. They may obtain a permit to operate a company and open a temporary office. There are also some concessions expanded to company owners. They don't have to pay the right tax, or get a business permit. They are not required to give liability insurance. They are exempted from paying the franchise tax. After Georgia Preregistration, the company entity should submit three decades of annual reports. They must also submit a few copies of the registration. Attempting to do so results to penalty fine. Failure to comply with these requirements results in withdrawal or suspension of registration. Every business entity must disclose their location and any other information which can be deemed applicable by the state. The company must also maintain documents. These records include the names and addresses of partners and owners of the business. Ownership data has to be confirmed by the condition. Tax documents must also be maintained. If a business entity fails to register with the Georgia secretary of state, it forfeits its standing as an authorized business entity. Fines are incurred for each day the non-registered business remains in performance. Penalties may be assessed if the business doesn't become registered within a year. It must also pay penalty fees if it fails to achieve certification. Georgia Pre Registration ensures compliance with state and federal legislation. |