Ready to Form Your LLC in Florida?
When forming an LLC in Florida, you will be required to follow certain steps to obtain the needed licenses and permits.
Learn about each of the steps below!
1. Choose a Name for your Florida LLC
To start your LLC, you first need to choose a name. The name must follow Florida LLC filing requirements. The state of Florida requires that your company name end with "LLC" or "Limited Liability Company." You have the option of abbreviating the word "Limited" to "Ltd." or "Company" to "Co." Some words are restricted by the state. If you want to use words such as "bank," "lottery," or "trust company," then you need approval from the state.
Florida does not allow LLCs to use the word "partnership" in their names.
2. File the Florida LLC Articles of Organization
When creating an LLC, you will need to submit Florida LLC Articles of Organization, which includes information like:
- The LLC's purpose
- The LLC's place of business
- A list of the organization's managers and members
- The Florida LLC registered agent
3. Appoint a Registered Agent
Florida requires that every LLC have a registered agent (or agent for service of process). A registered agent functions as a business entity that accepts legal documents on behalf of the LLC. A registered agent can be either an individual or a type of business entity that is authorized to do business within the state of Florida.
4. Florida LLC Costs, Taxes, and Fees
To complete the process of registering an LLC in Florida you will be required to pay state fees, a Florida LLC filing fee, and a registered agent fee.
Other Florida LLC fees:
- Certified copy of record
- Change of registered agent
- Reinstatement fee
- Certificate of merger
- Articles of correction
5. File Annual Reports
In Florida, all LLCs are required to file a yearly Annual Report to maintain an "active" operating status. Your first report will be due the year following your formation, between January 1 and May 1. Additionally, you will have to pay a fee with your annual report. If you file your annual report late (after May 1), then you can expect to pay an additional late fee. Florida LLC renewal can vary based on industry, so make sure to check with Florida regulatory organizations.
Consider Preparing an Operating Agreement
Your Florida LLC operating agreement is recommended however it is not required. If a business has more than one member, the operating agreement will define each member's role.
Need Help with Forming a Florida LLC?
Florida allows you to create an LLC by filing documents online. incorporate.com can take care of this for you, making the online process even easier by filing the Articles of Organization on your behalf using the information that you provide to us.
Call us at 855.235.3824 or click here to get started on applying for your Florida LLC today!