The cost to start an LLC (Limited Liability Company) in the state of Georgia is currently $100. This fee is paid to the state when forming your LLC, but it may not cover all of the fees associated with starting and maintaining your business in the state.
When forming your LLC you have two different options. If you have some experience with LLC’s then you can do it yourself through the Georgia Secretary of State website or you can use an LLC formation service to have experts form your LLC quickly for a small fee.
Recommended Georgia LLC Formation Services
- Top Choice: ZenBusiness (Starting At $39 + State Fee)
- Low-Cost Option: IncFile (Starting At $0 + State Fee)
Other Costs When Starting An LLC In Georgia
Annual Registration Fee ($50) – To keep your business registration up to date you’ll have to file an annual report. The annual registration fee is currently $50 per year. Depending on your business, you may have to pay other annual fees which can be found using the official Georgia Secretary of State website or by asking the expert services provided by some LLC formation companies mentioned above.
LLC Formation Service ($0-$500+) – If you’re not forming your own LLC then you can use an LLC formation service for a small fee. These services from places like ZenBusiness vary in price from $50 clear up to $500 or more.
Most entrepreneurs starting a basic company will only need the basic LLC formation services (avoid the upsells) which aren’t much money and are usually worth it for your first time starting a business. These services are optional, but most new business owners are happy with using these services instead of trying to file the paperwork and navigate the legal work themselves while trying to keep their business off the ground.
Professional Registered Agent Service ($100-$300) – If you’re going to hire a professional registered agent then you will pay an annual fee to the service provider. Most registered agent services range from $100 to $300 per year.
Unless you have a complicated business structure, a highly-reviewed but simple registered service will do. Most of the LLC formation companies will offer the first year of your professional registered agent service free when you purchase an LLC formation plan.
EIN Registration ($0-$75) – In order to do things such as pay taxes or open a bank account you’ll need an EIN (Employee Identification Number). You can get this number for free from the IRS once you’ve legally started your business or you can pay a service to fill out the information and get this number for you.
We recommend saving some money and doing this yourself as most business owners can figure this process out quickly and don’t need a service. Only use a service to do this if it’s included in an LLC formation services plan or you don’t have the time.
Business Insurance – Most businesses are required to have some form of insurance. Depending on what industry and business you start you will have to carry one or more types of insurance.
The easiest way to figure out what insurance you need and to get a quote is to use a service like CoverWallet that will help you figure out what insurance you need and give you quotes from top insurance providers.
Cheapest Way To Form Your LLC In Georgia?
The overall cheapest way to form your LLC in Georgia is to form the LLC yourself, making your own operating agreement, being your own registered agent (if eligible), and getting the EIN from the IRS website once your business is fully legal.
This is the best way to save money if you understand the process and can form your own LLC using the state’s website. If not then you use one of the low-cost LLC formation companies we mentioned above to help you get everything set up quickly for a relatively low price.