Doing Business in Georgia , united states | World Law Group
Georgia stands out as the best state in the U.S. for business, with a pro-business government and a growing population in Metro Atlanta. The state boasts a low-tax environment, diverse workforce, and a vibrant seacoast. It s home to the world s busiest airport and headquarters for numerous Fortune 500 companies. Most inbound investment comes from Europe (Germany, France, Switzerland, UK, Netherlands, Italy) and Asia (Korea, Japan, Singapore, Taiwan, China). Opportunities are abundant in fintech, data processing, AI, R&D, automotive, and other sectors, with significant investments from companies like Kia, Hyundai, and Mercedes. Advantages of doing business in Georgia include its second-largest workforce in the Southeast, top-ranked workforce training programs, and a robust environment for entrepreneurs. The state also has a diverse international community and a strong presence of international businesses. The Corporate Transparency Act (CTA) is a new federal law that requires businesses to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). This law primarily impacts smaller entities but also larger organizations with multiple subsidiaries or single-purpose entities. Miller & Martin, a firm with a strong economic development/incentives practice, distinguishes itself through its collaborative, collegial, and inclusive culture. The firm actively participates in CSR and ESG initiatives, supporting community causes and encouraging pro bono work. New initiatives at Miller & Martin include a Resort & Hospitality practice, a focus on Corporate, IP, and Litigation practices, and a robust Trusts, Estates, and Wealth Management practice with a special focus on international investors. The firm s commitment to community involvement and legal services contributes to the success of its clients and the overall quality of life in Georgia.
Source: jdsupra.comPublished on 2024-09-25
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