If you are operating in Florida under a “Doing Business As” (DBA) name and want to change it, you must adhere to the state’s unique rules. An explanation of how to modify your DBA name in Florida is provided below: 1. Verify the name’s availability: You must first confirm that the new name is available before changing your DBA name. To find out if the name is taken, visit the Sunbiz website of the Florida Division of Corporations.
2. Register a fictitious name with the Florida Division of Corporations: After ensuring that your new DBA name is available, you must register a fictitious name with the division. This can be done by mail or online. A fictitious name registration in Florida costs $50 to file.
3. Update all of your business records: After receiving approval for your new DBA name, be careful to update all of your company records, such as your business license, bank accounts, contracts, and marketing materials. 4. Inform the public: You must also inform the public about your new DBA name. A Notice of Change of Fictitious Name can be published in the local newspaper where your firm is located to accomplish this. The advertisement must be broadcast once per week for a period of four weeks. You must submit an Affidavit of Publication to the Florida Division of Corporations following the final publication.
Articles of Dissolution must be filed with the Florida Division of Corporations if you want to dissolve an LLC there. Florida charges a $25 filing fee for articles of dissolution. However, there is an extra $75 charge for expedited processing.
You must submit a cancellation of fictitious name registration form to the Florida Division of Corporations in order to dissolve a DBA in Florida. This can be done by mail or online. In Florida, there is a $50 cancellation charge for fictitious name registrations.
A disbanded LLC may indeed be sued in Florida. An LLC may still be sued for any legal problems that existed prior to the dissolution even after it has been dissolved. However, it would be challenging to recover any damages granted in a case if the LLC has no assets.
You could still need to file a tax return even if your LLC had a loss for the tax year. You might be allowed to submit a “zero return” to the Florida Department of Revenue if you formed your LLC there but didn’t conduct any business there. Even if your LLC didn’t generate any revenue, you’ll still need to file a tax return if it is taxed as a partnership or a S company. It’s best to seek advice from a tax expert to discover your precise tax liabilities.
A business filing’s delayed effective date is the date set for it to take effect, delaying its immediate effective date. This gives additional time for planning and preparing before the modifications are implemented. In Florida, a delayed effective date can be specified when submitting a DBA (Doing Business As) application if the business owner wants the name change to take effect on a specific date in the future.
In Florida, you can close a business retroactively by filing the necessary papers and paying any outstanding fines or taxes. It is crucial to remember that dissolving a firm in the past could still expose you to legal and financial risks. Before deciding to close a business in the past, it is advised to speak with an attorney or accountant.