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U S A
STATE OF FLORIDA

COMPANY FORMATION IN FLORIDA
LIMITED LIABILITY COMPANY (LLC)
INCORPORATION IN FLORIDA
Our Firm specializes in Florida Incorporation and LLC services for small and home businesses in the State of Florida. We provide the smartest, most efficient way to incorporate or form a LLC in Florida. Unlike many other incorporation services, which file to obtain your Corporate I.D. number and supply you with a litany of forms to complete, we provide an all-inclusive start-up package. We make sure that your Florida LLC or corporation is up and running as quickly as possible, in full compliance with state and federal law. We offer expert counsel, a full set of customized corporate documents and instruction on how to follow future corporate formalities (proper legal compliance is essential in the event of an audit or law suit). Additionally, we take care of all necessary filings with the state and federal government.

Incorporating the business, filing with the proper regulatory agency, setting up banking and credit card accounts, establishing the tax treatment of your new entity, and learning how to follow corporate formalities can be overwhelming. All of these tasks can take valuable time away from what new business owners should be doing - which is running their business. We aim to take as much of this administrative burden as possible off your shoulders. We pride ourselves on providing the most comprehensive service in the business.
HOW TO INCORPORATE A COMPANY IN FLORIDA
All businesses in Florida are required to file a Uniform Business Report. The annual filing fee is $150. Reports are due January 1st and become delinquent if not filed by May 1st. Florida imposes a franchise tax on foreign and domestic corporations for the privilege of doing business in Florida. The tax rate is 5.5% of net income. The first $5,000 of net income for the year is exempt.
Forming a Florida limited liability company is a fast, easy and affordable process. We can help you through every step of the incorporation process. From choosing the plan that best fits the needs of your company, to acting as your Registered Agent, we are there to make the formation of your Florida limited liability company as quick and simple as possible. This enables you to focus your time on what matters the most, your business.
MAIN FEATURES
1. Minimum Number of Incorporators - One or more.
2. Eligibility Requirements - None.
3. Duties - Delivering articles of incorporation to the Secretary of State for filing.
4. Listing Requirements - The name and address of each incorporator.
5. Corporate Purpose: Florida allows a corporation to be formed for any lawful purpose(s).
6. Minimum Number of Directors - One or more.
7. Eligibility Requirements - The articles of incorporation or bylaws may list director qualifications. A director does not need to be a resident of this state or a shareholder of the corporation unless stated in the articles of incorporation or bylaws.
8. Listing Requirements - When incorporating in Florida, directors are not required to be listed in the Articles. Either the articles or the bylaws may specify the number of directors.
9. Officers are not required to be listed in the articles of incorporation.
10. The articles must list the number of shares the corporation is authorized to issue, including certain information on classes and the par value of each share.
FORMING A CORPORATION IN FLORIDA
Incorporating your business in Florida has several advantages over incorporating in most other states. Most people think of Florida as a place filled with sunshine, palm trees, and dazzling winter vacations. But besides being a top tourist destination, Florida is also an extremely attractive place to do business.
If you own your own business, or if you're considering starting one, you owe it to yourself to find about the benefits of a Florida corporation. To begin with, the State of Florida has no personal income tax.
Regular corporations are levied with a 5.5% tax on federal taxable income over $5,000.
WHY INCORPORATING YOUR BUSINESS IN FLORIDA MAKES SENSE
Incorporating your business in Florida has several advantages over incorporating in most other states. Most people think of Florida as a place filled with sunshine, palm trees, and dazzling winter vacations. But besides being a top tourist destination, Florida is also an extremely attractive place to do business. If you own your own business, or if you're considering starting one, you owe it to yourself to find about the benefits of a Florida corporation.
To begin with, the State of Florida has no personal income tax. And while regular corporations are levied with a 5.5% tax on federal taxable income over $5,000, if you incorporate your Florida business and choose the "S" status, you can have your cake and eat it too! Florida "S" corporations aren't taxable entities. This means they're not required to file state income tax returns after the first year.
Unlike most states, Florida doesn't have minimum capital requirements for incorporating your business. So if you're just starting out and don't have a lot of money, you can still take advantage of incorporating without having to dump a lot of cash into your company. Some states require that your corporation be funded with a minimum of $1,000 in capital. Florida does not. Another benefit of incorporating in Florida is that it's simple to do and you don't have to involve many people in the process. For example, most states require your corporation to have more than one director and a different person for each corporate officer. But in Florida, the Director, President, Secretary, and Treasurer can all be the same person! This makes it very easy for a small business to take advantage of the benefits of incorporation without all the hassle that usually goes along with it. Florida is very much becoming a "business friendly" state. It already has some of the lowest annual fees and fewest corporate reporting requirements in the US. And the best part of all? The shareholders, officers, and directors of a Florida corporation can remain anonymous if they so desire!
The Florida Secretary of State doesn't require a list of the names or addresses of directors, officers, or shareholders to be listed in the articles of incorporation. Since the State doesn't keep a record of who owns or controls your corporation, you can conduct business in Florida with complete privacy and discretion! One of the first decisions a new business owner must make after making the decision to incorporate is selecting the proper state for incorporation. While there is no best answer for every business, some states are better to incorporate in than others. And Florida is certainly one of the best choices.
But, of course, what's right for some isn't necessarily what's right for everyone. If you're considering incorporating your business, you owe it to yourself to examine all of the choices. Of course, since business laws are always subject to change, before making any legal or financial decisions, it's wise to always consult with an experienced and competent professional who knows about you and your unique circumstances.
CORPORATION REQUIREMENTS
Corporate Name Endings
The name must contain the word "corporation", "company" or "incorporated" or an abbreviation. The name may not contain language stating or implying that the corporation is organized for purposes other than that permitted by Florida law or the articles of incorporation. The name must be such as will distinguish it from another corporation formed in the state.
Directors Information
Minimum Number - One or more. Residence Requirements - No provision. Age Requirements - A natural person, age 18 years or older. Directors are not required to be listed in the articles of incorporation.
Officers Information
The officers are not required to be listed in the articles of incorporation.
Stock Information
An increase in shares or par value does not cause an increase in initial filing fees.
Corporate Records
Corporate records must be kept; however, they are not required to be stored at a specific location.
Annual Statements
All businesses are required to file a Uniform Business Report. The annual filing fee is $150. Reports are due January 1 and become delinquent if not filed by May 1.
Franchise Tax Rate. Florida imposes a franchise tax on foreign and domestic corporations for the privilege of doing business in Florida. The tax rate is 5.5% of net income. The first $5,000 of net income for the year is exempt.
S Corporation
S Corporation status is recognized by the State of Florida. Further, Florida does not have a personal income tax; thus shareholders would not be taxed on corporate earnings. A separate state election from the federal election is not required.
License Requirements
Florida requires some businesses to obtain a license and pay a fee if you are operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
FLORIDA LLC
FORMING A LIMITED LIABILITY COMPANY IN FLORIDA
A Florida LLC offers business developers and entrepreneurs like yourself a simple and flexible way to commence business in Florida. By forming a limited liability company in Florida, your new venture can exploit one of America's most vibrant and pro-business market places. Your Florida LLC formation will be well supported by the legal and accounting services professions as well as other businesses eager to conduct business with you.
When forming an LLC in Florida your new company formation satisfies a statutory requirement that you create a recognized corporate form which will qualify you to conduct business within the state. In so doing, your limited liability company in Florida qualifies for the protections offered under Florida state law with respect to separating out your Florida LLC members' personal assets (bank deposits, securities, auto, real property, etc.) from the future potential corporate liabilities associated with creditor litigation or attempts to lien or attach or liquidate assets in respect of a court judgment.
Florida LLC formation also creates outstanding flexibility with financial matters. For example, your Florida limited liability company can raise unlimited amounts of capital from an unlimited number of private investor-members, much like a Florida C corporation, without the 75-investor limit that the Florida Subchapter S corporate form maintains. By state and federal law, your Florida limited liability company can properly deduct qualifying costs and expenses, as well as depreciate or write off certain assets. Forming a LLC in Florida also results in tax exempt status, where your Florida limited liability company functions as a pass-through vehicle, and where individual members pay their own taxes. However, your Florida LLC must remain in good standing with the state in terms of corporate governance and basic filing obligations.
Florida LLC incorporation offers its members the further advantage of simplicity in corporate governance matters. Unlike the Florida Subchapter S or Florida C Corporation which must conduct annual meetings and produce written meeting minutes as part of their governance requirements, your Florida limited liability company has no such restrictions. Forming a LLC in Florida means that you can manage its affairs according to the guidelines set forth within your Florida limited liability company operating agreement. By forming a Florida limited liability company you obtain significant flexibility in creating your dividend policy, where LLC corporation profits can be declared and paid according to internal policy parameters rather than then dollar-per-share rule which governs earnings distributions by a Florida C corporation.
In forming a LLC in Florida, you and your members need to prepare a written abstract detailing your core business purpose, the names of your initial Florida limited liability members, the name and address of your Florida registered agent, the details of which will be introduced into the body of your LLC operating agreement. Your Florida limited liability company is based on the internal agreement of its founders.

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