Prior to opening a used car lot the state and federal governments require you to file documents (incorporate) that establish your entity type, tax status, entity name, entity address, officers/members and other information. The Georgia Board of Used Motor Vehicle Dealers requires that you have or show proof you have applied for a Sales and Use Tax ID Certificate (ST-2) and have attended a pre-licensing seminar. Possible most importantly, you will want to protect your personal assets from your new businesses liability.
At Thoroughbred we specialize in auto dealer corporate filings. We will consult with you to help you determine what type of entity best suits your needs. Following the consultation, we will file the necessary paperwork on your behalf and assure that your paperwork is in order to accompany a used car dealer license application.
To assure you are “Open for Business” as soon as possible use Thoroughbred’s dealer license processing service. Thoroughbred can assist auto brokers, wholesalers, pawn shops and independent used car dealers with their corporate filings.
Each type of entity has its own structure characteristics and filing requirements. We will guide you through each and make you aware of your obligations as a car business owner. Thoroughbred can also manage your dealerships monthly accounting, sales and use tax reports, year end financial statement and tax returns.
• C Corporation
• S Corporation
• Limited Liability Company (LLC)
• Sole Proprietorship
Click Here to go to the U.S. Small Business Administration’s web site and read about starting a business.
Let Thoroughbred Dealer Services assist you in incorporating your
new independent used car sales business.
Call (678) 866-0750 to get started today!!!