Starting a Business in Florida

The Basics

File formation documents with the Florida Department of State to start a Florida business. Once the Department of State files your documents, your Florida corporation or Florida LLC is formed. With our team of professionals and our IncFast Filing Times™ you always know exactly when your filing will be completed. We’ll also include website, email, and phone service at no additional upfront cost so you can get on the web and start fielding client calls in minutes.

Doing Business in Florida

Business Maintenance

All Florida Corporations and LLCs Must File: 

• Certificate of Formation
  File your Certificate of Incorporation or Certificate of Formation with the Florida Department of State’s Corporations Division and pay the fee.
• Beneficial Ownership Information Report
  Nearly all businesses formed by filing with the state of Florida must file a federal Beneficial Ownership Information (BOI) Report with the Financial Crimes Enforcement Network (FinCEN) following business formation. You can file online through FinCEN at no cost. Or, take advantage of our professional BOI report filing service for just $25.
• Florida Annual Report
  All Florida business entities have to file an annual report and pay an annual fee. You can do both online.
  Florida Department of State
  Division of Corporations
  P.O. Box 6327
  Tallahassee, FL 32314

Florida Business Taxes

Personal Income Tax
Florida doesn’t have personal income taxes.

Corporate Business Tax
Florida corporations pay 5.5% on taxable income.

Why people form in Florida

There are many reasons to setup a Florida entity for your business.  Many people decide to form a business to limit their liability.  This is one of the most important reasons mentioned by our customers.  Florida is a very popular state to form an LLC or corporation within as approximately 280,000 LLCs and corporations were formed in 2006.  There are over 1 million active corporate and limited liability companies in the state.  So as you can see, it is a very popular state to form a business, and we can help you setup your company.

Many of the filings each year are for small businesses as the state continues to attract more and more residents.  There are also many business types that are required to form a business entity as regulated by the State.

For more information about filing your new Florida LLC or creating your new Florida Corporation, contact one of our document specialists today.

Contractors Rush to Form Corporations in Florida

As of January 2004, the State of Florida mailed over 100,000 individuals’ paperwork notifying them about a new regulation allows only officers of a corporation or limited liability company (LLC) to elect to be exempt from workers’ compensation.  This is very common in many states, but the change in laws forced a large number of contractors to setup LLCs or corporations to limit their exposure to workers compensation.

We’ll take care of the filing of your Florida Articles of Incorporation or Florida Articles of Organization to setup a new Florida LLC or corporation and monitor the approval process throughout.