Florida LLC Formation
If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Florida is easy, fast, and affordable.
|Florida LLC Costs|
|Florida Filing Fee||$125|
Naming the LLC
The name of the limited liability company must contain the words "Limited Liability Company", "LLC" or "L.L.C." The LLC name can not contain language stating or implying that the limited liability company is connected with a state or federal government agency or a corporation or other entity chartered under the laws of the United States.
You will need to provide the name of your LLC, the street addrss of the LLC's principal office, the mailing address of the LLC (if different from the street address), the name of the Registered Agent, and the street address of the Registered Office, the business purpose of the LLC, and the name and address of each of the LLC's member(s).
Steps to Forming a Florida LLC
- Complete the TotalLegal online interview.
- TotalLegal performs an LLC name availability search.
- TotalLegal will file your LLC with the Florida Secretary of State.
When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Florida.
Florida LLC Advantages
- Florida LLCs are usually approved in 7-10 business days.
- Florida LLCs are commonly formed to hold assets such as boats, real estate, vehicles, and aircraft.
Maintaining an Florida LLC
It's not hard at all. Each Florida LLC is required to file an annual report. The annual repoart is filed between January 1 but no later than May 1 every year. The annual report is filed online and the fee is $138.75.
Making Changes to Your LLC
Making changes to your LLC in Florida is pretty inexpensive compared to other states. Most changes you need to amend your LLC and/or change your Registered Agent can be done online, most for $25.00 or less.
Why use TotalLegal?
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Florida very easy.