What we file
We prepare and submit your Articles of Organization to the Florida Division of Corporations, with our partner as your registered agent in Florida. Before filing we search the Florida register for your name; if it is taken we ask you for another before anything is submitted.
- Name search against the Florida register
- Articles of Organization filed, state fee paid at cost
- Registered agent in Florida for 12 months, with mail scanned to your dashboard
- With Standard and Complete: EIN application, operating agreement and banking resolution
The name must be distinguishable on the Florida register and end in LLC, L.L.C. or Limited Liability Company.
Every year after
Annual report. The annual report costs $138.75 and must be filed between January 1 and May 1 each year, starting the year after formation.
Reports filed after May 1 carry a $400 late fee. LLCs that never file are administratively dissolved in the autumn.
Separately from the state, a foreign-owned single-member LLC files IRS Form 5472 every year, even with no income.
Processing time
Online filings are usually processed within a few business days to two weeks. Florida does not sell a general paid expedite for online filings.
Privacy
The Articles and annual reports list the names and addresses of the managers or authorized representatives. That information is public.
Whatever the state publishes, your bank, the IRS and your registered agent always know who owns the company.
State tax
No personal income tax. Florida does have a corporate income tax, which normally does not apply to a single-member LLC taxed as a disregarded entity.
General information, not tax advice. Where you live decides most of your tax position; speak to a tax adviser in your country.
For a founder outside the US
Works well
- Sensible if you will have customers, staff or an office in Florida
- Clear online filing system
Watch out for
- Managers or representatives are named in the public record
- Annual report is relatively expensive and strictly enforced
- $400 late fee