Notice of Action - Corporation or LLC - Georgia 2025

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Q1. How much does it cost to convert an LLC to S-corp? To change your LLC to an S-corp requires you to fill out and file the form 2553 of the IRS, which requires no filing fee. So, technically, it costs nothing to change an LLC to an S-corp.
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.
Statutory conversion With statutory conversion, you can convert your domestic LLC into a Georgia corporation without dissolving your company, but instead by filing the required paperwork ($100 online or $105 for paper filings).
File form 2553 to apply for S corp status When Georgia approves your LLC or C corporation formation, you need to file Form 2553, Election by a Small Business Corporation, with the IRS to get S corp status.
The Georgia Secretary of State Corporation Search Tool is an official database provided by the Secretary of States office. It allows entrepreneurs, investors, and consumers to explore registered businesses, verify their compliance status, and check the availability of business names within Georgias jurisdiction.

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Dissolving your LLC in Georgia Step 1: Initial member vote to dissolve. Step 2: Wind up the LLCs business affairs. Step 3: Notify known creditors and claimants. Step 4: Settle final tax obligations. Step 5: Submit Certificate of Termination.
Statutory conversion to a corporation. Most states allow LLCs to be converted to a corporation by the simple filing of documents with the state. At the time of the conversion the LLC by operation of law becomes a corporation and, therefore, the owner of all the assets, liabilities and obligations of the LLC.

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