Florida Business Formation
Florida Business Formation Guide
What's the Best Way to Get a Business Formation in Florida?
As a budding entrepreneur in Florida, you're probably wondering how to form an LLC (Limited Liability Company) with SunBiz. The process can seem daunting, but don't worry, I've got you covered. We'll break down the steps to form an LLC or DBA in Florida with SunBiz, and provide you with a comprehensive guide to get you started.
Why Form a Business in Florida?
Before we dive into the process, let's talk about why forming an LLC, or S-Corp in Florida is a great idea. Both offer personal liability protection, tax benefits, and flexibility in ownership structure. Plus, Florida has a business-friendly environment, making it an attractive location for entrepreneurs.
Step 1: Choose a Business Name
The first step in forming a Business in Florida is to choose a business name. Make sure to choose a name that is unique, easy to remember, and complies with Florida's business name requirements. You can check the availability of your desired business name using SunBiz's business name search tool.
Step 2: Appoint a Registered Agent
As an LLC, you'll need to appoint a registered agent to receive important legal documents and notices on behalf of your business. SunBiz offers registered agent services, which can help you stay compliant with Florida's business formation requirements.
Step 3: File Articles of Organization
The next step is to file Articles of Organization with the Florida Department of State. This document provides basic information about your LLC, including its name, address, and purpose. SunBiz can help you prepare and file your Articles of Organization.
Step 4: Obtain an EIN
An Employer Identification Number (EIN) is required for tax purposes. You can apply for an EIN online through the IRS website.
Step 5: Create an Operating Agreement
An operating agreement is a document that outlines the ownership structure, management, and operational procedures of your LLC. While not required by the state, an operating agreement is essential for ensuring the smooth operation of your business.
Step 6: Obtain Licenses and Permits
Depending on your business type, you may need to obtain licenses and permits from the state or local government. Check with DBPR or the Department of Financial Services for more info.
Step 7: Open a Business Bank Account
It's essential to separate your personal and business finances by opening a business bank account. This will help you keep track of your business income and expenses, and make it easier to file your taxes.
Business Formation in Florida: The Bottom Line
Forming an LLC or DBA in Florida with SunBiz is a straightforward process that requires some paperwork and planning. By following these steps, you can ensure that your LLC & Fictitious name is properly formed and compliant with Florida's business registration requirements. Remember to choose a unique business name, appoint a registered agent, file Articles of Organization, obtain an EIN, create an operating agreement, obtain licenses and permits, and open a business bank account.
We Can Assist With Formation of a Florida Business or Limited Liability Company. Our Flat Fee is $150. This includes an EIN # , but does NOT include SunBiz fees.
We can prepare legal documents of all kinds and furnish a mobile notary to assist in execution. We can also assist with the online e-filing portal.
Call: 1-877-540-6104 To Hire Us For Assistance or Check Out Our $27 Tutorial Course👇