As a result of the public offering of securities by the company, the company will be obligated to file various periodic reports with the SEC. This memorandum lists all those reports (10-K, 10-Q, 8-K, etc.), what each report is, and the filing guidelines for each one.
Georgia Selected Consequences of Public Company Status Memorandum
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US-TC1014
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FAQ
How long does it take the state to process the filing in Georgia? Corporate dissolutions take seven to ten business days to process. It could be up to twelve business days during December and January. If you pay for expedited processing, your dissolution can be filed in 24 hours.
A corporation that has issued shares and commenced business may dissolve by filing a Notice of Intent to Dissolve pursuant to O.C.G.A. 14-2-1403 and Articles of Dissolution pursuant to O.C.G.A. 14-2-1408. Form CD 410 and CD 412 may be used for this purpose.
A domestic corporation or limited liability company (?LLC?) that is administratively dissolved may apply for reinstatement within 5 years of the date of the administrative dissolution by filing an application for reinstatement.
The filing of a dissolution for a Georgia LLC typically takes 7 to 10 business days. You are responsible for taking the necessary actions to notify creditors and claimants prior to dissolving the Georgia LLC. Proper written notice should include a mailing address where any claims against the LLC can be sent.
If the status is ?Active/Noncompliant? or ?Active/Owes Current Year AR,? the entity likely owes Annual Registration fees. More than 732,000 corporate entities are registered with the Corporations Division, including over 673,000 in-state and 59,000 out-of-state corporations.
Sell all property and pay all debts If the corporation still has liabilities, you and the other shareholders must appoint a liquidator to deal with the corporation's assets and settle those debts to the best of their ability.
You must file an annual registration for your LLC with the Secretary of State every year. If you own an LLC, every year it is in business you must file an annual registration with the Secretary of State's Georgia Corporations Division.
A domestic corporation or limited liability company (?LLC?) that is administratively dissolved may apply for reinstatement within 5 years of the date of the administrative dissolution by filing an application for reinstatement.