Business Law in Georgia

Georgia has a $100 LLC formation fee and $50 annual registration fee, offering competitive business formation costs. Attorney fees for LLC formation range from $1,000-$3,000. Georgia's corporate tax rate is 5.75% flat, with no alternative minimum tax. Atlanta is a major corporate hub — home to 18 Fortune 500 companies including Coca-Cola, Delta Air Lines, and Home Depot. The Georgia Department of Economic Development offers various incentive programs including job tax credits, investment tax credits, and opportunity zone credits. Film and entertainment industry incentives (30% tax credit) have made Georgia the third-largest film production location globally. Non-compete agreements in Georgia follow a reformed statute (2011 Restrictive Covenants Act) that made these agreements generally more enforceable. The state's "right to work" status and favorable business climate attract significant interstate and international investment.