Important Reasons to Pre-Register Your Business

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Georgia Pre Registration allows new businesses to establish a legal identity in state. It is also called “business entity registration” in many jurisdictions. In Georgia, an authorized representative has to act as the business’s agent for purposes of registering the business. The Georgia Corporation Commission provides this authority under the Georgia Laws. It was enacted by the Georgia legislature to discourage sham businesses and to protect the consumer.

Under the Georgia pre registration allows the authorized representative of the business to be a non-profit or a private limited liability company. This allows them to structure and pay taxes more efficiently. It is necessary to understand that this is just a first step to establishing a legal identity for the business entity. You may need to register additional documents. These will be clearly stated by the Georgia Corporation Commission.

In Georgia, there is no limit on the number of agents who can act as the business’s representative. Thus, it is important to consider whether you require more than one agent for maintaining your legal identity. The law restricts the number of agents that a business can have and you will have to apply for an additional license if you do. However, if you are required to have one, you will need to comply with the rules of the state in order for your Georgia Preregistration to be valid.

Georgia Pre Registration assists businesses with managing their accounts. It will not allow direct marketing campaigns to be used by the business entity. If the business wants to use direct mail or telephone marketing campaigns, these activities are permitted. Agents are required to follow all rules and submit reports to authorities.

The Georgia Corporation Commission works to ensure that the procedures followed by the business are genuine. All information must be truthful and honest. This protects citizens’ legal rights and prevents fraudulence. To reach a valid conclusion, any agent must comply with the rules of court. There are penalties for false registration and misleading statements.

Pre registering a business is important for tax reasons. This will allow the business owner to legally incorporate his business in Georgia and receive the Franchise Tax Credit. This helps the small business owner to save on tax and also has an added benefit of receiving incentive payments. This makes it easy and takes away all the worry.