How to Start an LLC in Florida

 

picture showing an LLC office building

Limited Liability Corporation or LLC is a type of business that offers organizational flexibility and gives limited liability to its founders. Anyone can be a founder. It can be an individual or multiple corporations.  If you are a business owner looking to limit your liability, forming an LLC can be the best option.

Forming an LLC can be complicated if you don't know the entire procedure. Here are the things you would need to for an LLC company registration in Florida.

Choose a Business Name

Choosing a business name is the first step toward incorporate your business in Florida. Make sure that your company name complies with all the state laws of Florida. You need to include "Limited Company" or "Limited Liability Company," or the abbreviations "L.C." or "L.L.C." in your company name.

Choose a Reliable Registered Agent

According to Florida state laws, you need to appoint a registered agent for your Florida limited liability company. A registered agent, can be an individual or a company, responsible for dealing with government correspondence on your behalf. They are your point of contact for all legal and tax documentation.

The agent should be a professional in Florida who'll receive process of service notices on the LLC's behalf.

File Articles Of Association

You would need to file articles of association with the Florida Division of Corporations. The articles must include;

· the principal place of business,

· details of the registered agent,

· details of owners,

· date of incorporation, and

· signature of authorized representative.

The company incorporation fees in Florida is $125

picture showing man searching for LLC information.

Obtain an EIN

An Employer Identification Number (EIN) is needed when more than one member is forming an LLC. You may get your EIN by filling in an application on the IRS website. 

EIN is needed to open a business bank account. Moreover, it's a requirement for federal and state tax purposes and is also required to hire employees.

File Annual Reports

Annual report filing is a mandatory requirement to maintain the active business status in Florida. The report must be filed between January and May, and the fee for filing the notice is $138.75. Any delay in filing reports will incur a $400 late fee. So make sure you are filing your statements on time.

 

If you have decided to form an LLC in Florida, it is vital to familiarize yourself with all the rules and legal obligations required to incorporate a limited liability corporation in Florida.

If you need the help of a registered agent, then Corporations4less can assist you. They have a plethora of services and have experts who can guide you with your business needs. Corporations4less also offer to help buy aged shelf corporations in Florida.


Location: United States

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