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What are the legal requirements to form a limited liability company (LLC) in Georgia?

To form a limited liability company (LLC) in Georgia, there are several legal requirements that must be met.

First, the name of the LLC must be selected and submitted to the Georgia Secretary of State for approval. The name must be unique and not already in use by another LLC or corporation in Georgia.

Second, the Articles of Organization must be filed with the Georgia Secretary of State. The Articles of Organization include the name and address of the LLC, the name and address of the registered agent for the LLC, and the names and addresses of the LLC's members.

Third, a Registered Agent must be appointed for the LLC. The registered agent is responsible for receiving legal notices and other important documents on behalf of the LLC.

Fourth, a Operating Agreement must be drafted and signed by all members of the LLC. This document outlines the management structure and policies of the LLC, as well as the rights and responsibilities of each member.

Fifth, an initial report must be filed with the Georgia Secretary of State within 90 days of the LLC's formation. The initial report includes the LLC's name and address, the name and address of the registered agent, and the names and addresses of all members of the LLC.

Finally, the LLC must obtain any necessary business licenses and permits in order to operate legally in Georgia.

It is important to note that while these are the general legal requirements for forming an LLC in Georgia, there may be additional requirements depending on the specific nature and location of the business. Consulting with a licensed attorney can help ensure full compliance with all applicable laws and regulations.