top of page
Search
  • Writer's pictureTanya S Osensky
    • Dec 15, 2022
    • 1 min read

Startups: How to Decide Where to Register the Company?

My clients, a married couple, recently started a new consulting business and were anxious to do everything correctly. In their eagerness to get started, they fell prey to the current fad and registered their LLC in Nevada.


Now I had to give them some bad news: they also have to register as a foreign LLC in Georgia because that’s where their company is actually based.


Foreign qualification is required for any state in which the company is physically located or receives a significant amount of revenue. This means that, besides the filing fees and annual fees they already paid to the State of Nevada, they’ll need to pay filing fees and annual fees to the State of Georgia. And they’ll have continuing tax liability in both states.


In their case, registering in Nevada was totally unnecessary.


If you’re planning to start a new business in the new year, give me a call for some professional help with the decision on where to register the company.

Recent Posts

See All

Picture this: Penny and Irene, two talented chefs, had a brilliant idea to open a fancy restaurant and bar in the posh part of town. But they didn't have enough money to make it happen on their own, s

Zack had always dreamed of owning his own business. He had saved up a small amount of money and decided to take the plunge into entrepreneurship. He had heard stories of other people starting their ow

There are two major steps in creating a new legal entity. The first is the formation of the company, which is the service that I provide by registering the company with the Secretary of State. The sec

bottom of page