This isn't the case for other types of companies. Under a sole proprietorship, the owner doesn't have to fill out any formal paperwork about the business. This will allow you to use this tax identification number instead of your Social Security Number on your paperwork. With one of these entities, you will file for a Federal Employer Identification Number (EIN). However, if you know you will have employees, then you will need to file as either a limited liability company, general partnership, or corporation. For example, if you know you will be the only employee of your business, you can simply file as a sole proprietorship. There are a few different types of business for which you can file. Incorporation FilingĪs you prepare to file for your business license, you will need to decide your preferred entity, or structure, for your type of business. ![]() Business owners can learn more about these business and service licenses by visiting 3. In Georgia, a service license costs around $50 and is valid for around one year. Each business that charges a membership fee for access to its services has to purchase a buying service license. Grocery stores, bars, and restaurants that intend to sell alcoholic beverages have to apply for a liquor license to do so legally. In the state of Georgia, all small business owners have to apply for a special license which corresponds to the type of company or service being provided. You can visit the Georgia Department of Revue's official site to learn more about the state's tax regulations. You should also think about corporate franchise tax and corporate income tax. These licenses and permits include use and sales tax, unemployment insurance tax, and income tax withholding. registration, and license that pertains to business functions. Additionally, every company operating within Georgia has to apply for each permit. 5 to consider when registering for your business license:Īll business owners within the state of Georgia have to obtain state and federal tax ID numbers for their tax returns. Here is a detailed list of the major business regulations for the state of Georgia. ![]() ![]() You must also follow the rules and regulations of your state in specific. To avoid any legal problems, you have to obtain the proper business permits and licenses. This article will cover the most important decisions you will need to make before you start filling out your business license application.Īll new business owners in Georgia must register their company with the relevant government departments and state agencies. This will make it legal for you to do business in the state of Georgia.īefore you rush out and start the application process, there are a few things you will need to consider. Are you feeling overwhelmed by all the steps necessary to start your small business? One of the first steps you will need to take is to get your business license.
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