Select a Name for Your LLC in Step 1 Choosing a name for your business is the first step in creating an LLC in Florida. The name must be distinctive from other businesses registered in the state and easy to remember. On the Division of Corporations website of the Florida Department of State, you may see if the name you choose is still available. If your selected name is available, you can submit a name reservation application to reserve it for up to 120 days.
Step 2: Designate a Registered Agent * According to Florida law, every LLC must designate a registered agent who is based there. An individual or organization named as the LLC’s registered agent will receive formal correspondence and legal papers on the company’s behalf. A registered agent service or an employee of your business are also options for filling this position.
Step 3: Submit Articles of Incorporation You must submit Articles of Organization to the Division of Corporations of the Florida Department of State in order to properly establish an LLC there. Basic details about your LLC, including its name, address, registered agent, and the names and addresses of any members or management, are required on the Articles of Organization form.
Obtain an EIN in Step 4 Employer Identification Numbers, or EINs, are special nine-digit numbers given out by the IRS to identify your company for tax-related purposes. By submitting an online form on the IRS website, you can get an EIN for your LLC. To open a business bank account, recruit staff, and file taxes, you need an EIN.
You might be wondering how much the formation of your LLC will cost now that you’ve done it. Florida’s Articles of Organization filing fee is $125, plus an extra $25 if done online. An application for a name reservation costs $50. Additional expenses can be necessary if you need to file something quickly.
In conclusion, establishing an LLC in Florida can be a quick and simple procedure. You can create a legally recognized business entity with personal asset protection and flexible tax treatment by following the instructions in this article. Although there are certain costs involved in creating an LLC in Florida, the advantages can outweigh them.
Depending on the state in which it is registered, creating an LLC in the United States varies in cost. The presentation fee in Florida is $100, although there may be additional fees. It is advised that you speak with a lawyer or accountant to get a precise estimate of the entire costs.
Companies in Florida are registered with the Florida Department of State’s Division of Corporations.