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What are the requirements for forming a Limited Liability Company (LLC) in Georgia?

To form a Limited Liability Company (LLC) in Georgia, there are certain requirements that must be met.

First, you must file articles of organization with the Georgia Secretary of State. These articles must include the LLC's name and address, the names and addresses of the members and managers, and the name and address of the registered agent.

Next, you must obtain a business license from the local county where the LLC will operate. In addition, you may need to obtain specific licenses or permits depending on the nature of the LLC's business activities.

There are no minimum capital requirements for forming an LLC in Georgia.

Once the LLC is formed, it must operate in compliance with Georgia state laws, including filing annual reports and maintaining adequate records. It is also important to note that while LLCs provide limited liability protection for owners, it is still important to maintain separate financial accounts and avoid commingling personal and business funds to avoid piercing the corporate veil.

It is advisable to consult with a licensed attorney for specific guidance and advice on forming an LLC in Georgia or any other legal matter.