How to Form a Corporation in Georgia Choose a Corporate Name. Appoint a Registered Agent. Prepare and File Articles of Incorporation. Prepare Corporate Bylaws. Appoint Directors and Hold a Board Meeting. Issue Corporate Stock. File Initial and Annual Registrations. Obtain an EIN and Comply With Tax Requirements.
US citizens can start a business in Puerto Rico by adhering to local laws for business registration and structure choice. LLCs benefit from tax advantages, such as pass-through taxation, but must comply with Puerto Rico's tax code.
By-laws serve as the internal rulebook of a corporation in the Philippines. They are a set of guidelines created by the corporation's board of directors after the corporation has been registered. Understanding the role and contents of by-laws is crucial for every corporation to ensure lawful and smooth operations.
Corporate bylaws are legally required in Georgia. Georgia code § 14-2-206 (2021) requires the incorporators or board of directors to adopt bylaws.
To start a corporation in Puerto Rico, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Certificate of Incorporation with the Department of State.
A Limited Liability Company (LLC) is a business entity that offers certain limited personal liability on the part of the owner, like a corporation. It also offers the possibility of certain “pass-through” tax benefits, like a partnership. Therefore, an LLC is essentially a cross between a partnership and a corporation.
The Delaware corporate code covers most of the topics normally addressed in the Bylaws. Therefore, if the Certificate of Incorporation sets forth the authorized number of directors there is no legal requirement that a corporation have bylaws.
Bylaws set out the governance rules of a corporation and can contain any provision for managing the corporation that is not inconsistent with law or with the articles of incorporation (Ga. Code Ann. § 14-2-206).
Expedited Processing of Articles of Incorporation Standard Georgia state processing time is approximately 5-15 business days. Expedited service requests should be included with the articles of incorporation package if desired. Options are $100 for next day service (received by noon) and $250 for next day service.