Tessa Horehled

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The Obama Podcast

Forgive me while I catch up with the world a little this weekend! A couple weekends ago, President-Elect Barack Obama launched a weekly radio address on his transition website and YouTube.

Rick Astley Rickrolls The Nation (A Year Late)

How did I miss this?! Rick Astley rickrolling (”Never Gonna Give You Up“) the entire nation during the Macy’s Thanksgiving Day Parade yesterday:

How To Form an LLC in Georgia

I formed my own LLC in Georgia earlier this year (Drive A Faster Car, LLC) and since have had a handful of friends and contacts approach me about the steps to achieve this. I’ve created a simple list below to share, if you are also looking to form an LLC, along with the costs associated with each step.

Here’s how to form an LLC in Georgia:

1. Name Reservation - $25 Good for 30 days only.

https://corp.sos.state.ga.us/business/namereservation/default.aspx?XID=67be3368-4bd3-4693-9f79-9a7d51b990ee

2. Articles of Organization - Free. Write it yourself.

There is an example of what this should look like on the second page of the “Cheat Sheet” pdf I linked you below.

3. Form 231 - Transmittal Information for Georgia Limited Liability Companies (BR231)

Fillable Adobe Acrobat Form: http://sos.georgia.gov/acrobat/Corporations/form231.pdf

4. File your Articles of Organization & Form 231 to Secretary of State - $100

Directions on how to specifically do this are included in the Cheat Sheet.

I’m pretty sure that’s it if I remember correctly! (The Cheat Sheet would be where to check.)

OPTIONAL 5. Acquiring EIN (Employer Identification Number) - Free.

http://www.irs.gov/businesses/small/article/0,,id=102767,00.html

Cheat Sheet:

http://sos.georgia.gov/corporations/filing_procedures_llc_2001.pdf

Total cost is only $125 + 2 stamps. Services like LegalZoom start their pricing at $150, before state fees. Save yourself the extra funds and do it yourself.

Note: This is for a single-person LLC. If you are creating a larger LLC, I believe you will have to file some additional federal forms in order to declare corporation status at the federal level.

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