What common requirement do both corporations and LLCs in Georgia share for formation?

Both corporations and LLCs in Georgia are required to file formation documents with the Secretary of State as a common step in their formation process. This involves submitting specific paperwork, such as Articles of Incorporation for corporations or Articles of Organization for LLCs, which formally establishes the entity as a recognized business in the state.

This requirement is essential because it provides legal acknowledgment and sets the framework for the entity's existence, governance, and operations within Georgia. Filing these documents also includes information about the business, such as its name, registered agent, and sometimes the purpose of the business.

The other options mentioned do not represent mandatory steps shared by both corporations and LLCs in Georgia. Initial board meetings pertain specifically to corporations and their governance structure, while obtaining approval from existing members typically relates to the internal operations of an LLC, which is not a formation requirement. Creating marketing materials is not a requirement for either form of business entity and falls outside of the necessary steps for establishment.