{"id":96,"date":"2024-11-25T00:01:05","date_gmt":"2024-11-25T00:01:05","guid":{"rendered":"https:\/\/simplifyllc.com\/?page_id=96"},"modified":"2024-11-25T09:19:02","modified_gmt":"2024-11-25T09:19:02","slug":"florida","status":"publish","type":"page","link":"https:\/\/www.simplifyllc.com\/llc-formation\/florida\/","title":{"rendered":"How to Start an LLC in Florida: Step-By-Step"},"content":{"rendered":"<p>If you are considering starting a business in the state of Florida, forming a Limited Liability Company (LLC) is a highly popular and beneficial option.<\/p>\n<p>An LLC provides flexibility, limited liability protection, and a favorable tax structure, making it an attractive choice for many entrepreneurs.<\/p>\n<p>However, the formation of an LLC in Florida requires completing a series of registration steps to ensure your business is legally recognized by the state. These steps include choosing a unique business name, appointing a registered agent, filing Articles of Organization with the Florida Division of Corporations, and creating an operating agreement that outlines the management and ownership structure of your LLC.<\/p>\n<p>Additionally, you may need to obtain necessary licenses and permits, as well as comply with any local regulations specific to your industry.<\/p>\n<p>Ready? Let's get started!<\/p>\n<h3><strong>Steps to Form an LLC in Florida:<\/strong><\/h3>\n<ul>\n<li><a href=\"#name your llc\"><strong>Step 1<\/strong>: Choose a Name for Your LLC<\/a><\/li>\n<li><a href=\"#appoint a registered agent\"><strong>Step 2<\/strong>: Appoint a Registered Agent<\/a><\/li>\n<li><a href=\"#draft and submit\"><strong>Step 3<\/strong>: File Articles of Organization with the Department of State<\/a><\/li>\n<li><a href=\"#create an operating agreement\"><strong>Step 4<\/strong>: Create an Operating Agreement<\/a><\/li>\n<li><a href=\"#get an EIN\"><strong>Step 5<\/strong>: Get an Employer Identification Number (EIN)<\/a><\/li>\n<li><a href=\"#costs\">Costs to Set Up an LLC in Florida<\/a><\/li>\n<li><a href=\"#next\">Last Steps<\/a><\/li>\n<\/ul>\n<hr \/>\n<h2 id=\"name your llc\"><strong>Step 1: Choose a Name for Your LLC<\/strong><\/h2>\n<p>The name of your LLC is important for marketing purposes. But it also has to meet Florida requirements.<\/p>\n<p><strong>Every Florida LLC name must<\/strong>:<\/p>\n<ul>\n<li>Include L.L.C., LLC, or Limited Liability Company<\/li>\n<li>Be unique and not cause confusion with an existing business name<\/li>\n<li>Avoid using terms related to illegal activities or government agencies<\/li>\n<\/ul>\n<p>Once you have a name in mind, go to the <a href=\"https:\/\/search.sunbiz.org\/Inquiry\/CorporationSearch\/ByName\" target=\"_blank\" rel=\"noopener\">Division of Corporations<\/a> Name Search. Make sure that your name is free to use and isn\u2019t too similar to an existing business:<\/p>\n<figure id=\"attachment_9647\" aria-describedby=\"caption-attachment-9647\" style=\"width: 700px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"hard-shadow wp-image-9647 size-large\" src=\"https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/11\/Search-for-LLC-1024x472.png\" alt=\"search names in Florida LLC database\" width=\"700\" height=\"323\" srcset=\"https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/11\/Search-for-LLC-1024x472.png 1024w, https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/11\/Search-for-LLC-300x138.png 300w, https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/11\/Search-for-LLC-768x354.png 768w, https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/11\/Search-for-LLC-1536x708.png 1536w, https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/11\/Search-for-LLC.png 1600w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><figcaption id=\"caption-attachment-9647\" class=\"wp-caption-text\">Source: search.sunbiz.org<\/figcaption><\/figure>\n<p>Some business owners like to operate under a name other than the LLC\u2019s legal name. Many places call this a \u201cdoing-business-as\u201d (DBA) name. In Florida, this is known as a fictitious name.<\/p>\n<p>Either way, make sure your desired name is available, as you'll need it for the next steps.<\/p>\n<h2 id=\"appoint a registered agent\"><strong>Step 2: Appoint a Registered Agent<\/strong><\/h2>\n<p>In Florida, a registered agent is a person (18+ years old) or business entity designated to receive legal documents and official correspondence on behalf of a company.<\/p>\n<p>The requirements for a registered agent in Florida are as follows:<\/p>\n<ul>\n<li><strong>Residency or Location<\/strong>: The registered agent must be a resident of Florida or a business entity authorized to do business in Florida. The registered agent must have a physical street address in Florida (P.O. Boxes are not acceptable).<\/li>\n<li><strong>Availability<\/strong>: The registered agent must be available during normal business hours (9 a.m. to 5 p.m., Monday through Friday) to receive service of process, legal documents, and official government communications.<\/li>\n<li><strong>Consent<\/strong>: The registered agent must consent to the appointment. This means the individual or entity must agree to serve as the registered agent and perform the duties required.<\/li>\n<\/ul>\n<p>If you don't want to be your own registered agent, you can <a href=\"https:\/\/www.simplifyllc.com\/registered-agents\/florida\/\" target=\"_blank\" rel=\"noopener\">hire one<\/a> for about $99-$199\/year in Florida. If you form an <a class=\"affiliate-link-northwest\" href=\"https:\/\/www.simplifyllc.com\/go\/Northwest-Registered-Agent\/Default?afftrack=florida\" target=\"_blank\" rel=\"noopener\">LLC with Northwest<\/a>, they'll give you a free registered agent for the first year. After that, it's $125 per year.<\/p>\n<h2 id=\"draft and submit\"><strong>Step 3: File Articles of Organization with the Department of State<\/strong><\/h2>\n<p>Now it\u2019s time for one of the most exciting steps. The <a href=\"https:\/\/efile.sunbiz.org\/llc_file.html\" target=\"_blank\" rel=\"noopener\">Articles of Organization<\/a> is the document that creates your Florida LLC. It transforms your idea into a legal entity.<\/p>\n<p>The Articles of Organization include:<\/p>\n<ul>\n<li>LLC\u2019s principal address<\/li>\n<li>Registered agent name, address, and signature<\/li>\n<li>Name and address for all LLC managers if it is member-managed<\/li>\n<li>Effective date of the LLC, which can be up to five business days before the filing date or 90 days after<\/li>\n<li>Signature of an authorized representative<\/li>\n<\/ul>\n<p>LLCs from other states (foreign LLC) need to fill out the <a href=\"https:\/\/files.floridados.gov\/media\/700429\/cr2e027.pdf\" target=\"_blank\" rel=\"noopener\">Qualification of Foreign LLC form<\/a>. Then file it with a certificate of good standing from the original filing state.<\/p>\n<p><strong>You can file the Articles of Organization<\/strong> <a href=\"https:\/\/dos.fl.gov\/sunbiz\/start-business\/efile\/fl-llc\/\" target=\"_blank\" rel=\"noopener\">online<\/a>. Or you can mail them to the Florida Division of Corporations. A $125 fee applies.<\/p>\n<figure id=\"attachment_9629\" aria-describedby=\"caption-attachment-9629\" style=\"width: 700px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"hard-shadow wp-image-9629 size-large\" src=\"https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/10\/sunbiz-1024x615.png\" alt=\"Articles of Organization in Florida\" width=\"700\" height=\"420\" srcset=\"https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/10\/sunbiz-1024x615.png 1024w, https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/10\/sunbiz-300x180.png 300w, https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/10\/sunbiz-768x461.png 768w, https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2023\/10\/sunbiz.png 1100w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><figcaption id=\"caption-attachment-9629\" class=\"wp-caption-text\">Source: dos.fl.gov\/sunbiz\/<\/figcaption><\/figure>\n<p>Once processed, Florida will send you an official notification that your business filing has been approved. This is an essential document that you need to keep with the LLC\u2019s records.<\/p>\n<p>It is used for tax purposes to register for an Employer Identification Number (EIN). And it is needed to get LLC business licenses and business bank accounts.<\/p>\n<h2 id=\"create an operating agreement\"><strong>Step 4: Create an Operating Agreement<\/strong><\/h2>\n<p>An operating agreement is central to any LLC\u2019s formation process, especially if there is more than one member. It is an agreement between LLC owners about how to handle many situations.<\/p>\n<p>Without one, the LLC falls back to state law to resolve disputes. Instead of being blindsided by default laws, an operating agreement spells out how to proceed. It also protects your interests.<\/p>\n<p>Operating agreements can cover things like how to:<\/p>\n<ul>\n<li>Identify the rights and duties of members<\/li>\n<li>Add or remove members<\/li>\n<li>Allocate profits and losses<\/li>\n<li>Resolve various disputes<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"hard-shadow aligncenter wp-image-10580 size-large\" src=\"https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2024\/08\/florida-llc-operating-agreement-840x1024.png\" alt=\"Florida LLC operating agreement\" width=\"700\" height=\"853\" srcset=\"https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2024\/08\/florida-llc-operating-agreement-840x1024.png 840w, https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2024\/08\/florida-llc-operating-agreement-246x300.png 246w, https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2024\/08\/florida-llc-operating-agreement-768x936.png 768w, https:\/\/www.simplifyllc.com\/wp-content\/uploads\/2024\/08\/florida-llc-operating-agreement.png 1214w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>Although Florida doesn\u2019t require an operating agreement, it is best practice to have one. It is a legally binding contract that ensures your LLC functions as you intend.<\/p>\n<p>You can create an operating agreement with free or low-cost templates. Or you can hire an attorney to customize one for your LLC. Expect to pay upwards of $1,000 or more if you hire an attorney.<\/p>\n<h2 id=\"get an EIN\"><strong>Step 5: Get an Employer Identification Number (EIN)<\/strong><\/h2>\n<p>The Internal Revenue Service (IRS) issues <a href=\"https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/apply-for-an-employer-identification-number-ein-online\" target=\"_blank\" rel=\"noopener\">Employer Identification Numbers (EINs)<\/a> to track businesses. It\u2019s a business tax ID, sort of like a Social Security number.<\/p>\n<p>All multi-member LLCs must get an EIN. The IRS also requires single-member LLCs to get one if they hire employees or have other <a href=\"https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/do-you-need-an-ein\">specific situations<\/a> that apply.<\/p>\n<p>EINs may also be necessary to file annual reports, create vendor contracts, and open business bank accounts. The IRS has an easy online process to get an EIN. It is free and takes about 15 minutes. These <a href=\"https:\/\/www.irs.gov\/pub\/irs-pdf\/iss4.pdf\" target=\"_blank\" rel=\"noopener\">filing instructions<\/a> may help.<\/p>\n<h2 id=\"costs\"><strong>Costs to Set Up an LLC in Florida<\/strong><\/h2>\n<p>The cost of forming an LLC in Florida will typically range from $125 to $200 in state filing fees.<\/p>\n<p>Optional costs to starting an LLC in Florida include:<\/p>\n<ul>\n<li>$50 fictitious name<\/li>\n<li>$99 to $199 to hire a registered agent<\/li>\n<li>$1,000 or more for an operating agreement from an attorney<\/li>\n<\/ul>\n<blockquote>\n<p style=\"text-align: center;\">Annual reporting fees are about $138 in the state of Florida for LLCs. There are also smaller fees that you might be assessed depending on the kind of business that you operate.<\/p>\n<\/blockquote>\n<h2 id=\"next\"><strong>Last Steps<\/strong><\/h2>\n<h3><strong>Open Business Bank Account<\/strong><\/h3>\n<p>Opening a business bank account is essential for your new LLC. It simplifies bookkeeping during tax time and is crucial for keeping your personal and business finances separate. Without a dedicated business bank account, your personal asset protection could be at risk if your LLC faces a lawsuit.<\/p>\n<p>To open a business bank account, you'll need to provide proof of your LLC formation. The fees for business accounts vary, ranging from free to about $25, depending on the bank, the amount of your initial deposit, and the services offered.<\/p>\n<h3><strong>Taxes, Licenses, and Permits<\/strong><\/h3>\n<p>Make sure that you secure permits and licensing as required for your business in Florida. These licenses and permits can vary based on where you do business and where you live.<\/p>\n<p>Start with the Florida Department of Revenue. Your LLC may need certain approval or be subject to things like sales tax. See Florida's <a href=\"https:\/\/floridarevenue.com\/taxes\/businesses\/Pages\/newbusiness_startup.aspx\" target=\"_blank\" rel=\"noopener\">New Business Start-up Kit<\/a> to review what your LLC needs.<\/p>\n<p>You also may need to get city and county approval. For example, <a href=\"https:\/\/www.miamidade.gov\/business\/business-requirements.asp\" target=\"_blank\" rel=\"noopener\">Miami-Dade County<\/a> and the <a href=\"https:\/\/www.miami.gov\/Business-Licenses\" target=\"_blank\" rel=\"noopener\">City of Miami<\/a> both have licensing requirements. The <a href=\"https:\/\/www.fortlauderdale.gov\/government\/departments-a-h\/development-services\/business-tax\" target=\"_blank\" rel=\"noopener\">City of Fort Lauderdale<\/a> and others have needs too.<\/p>\n<h3><strong>Other Resources<\/strong><\/h3>\n<p>If you're not comfortable filing business taxes on your own, consider hiring a skilled tax professional. While LLC taxes are generally simpler than corporate taxes, they can still be challenging for those without experience. Additionally, it's important to look into insurance coverage. General liability or workers' compensation policies can be extremely valuable if the need arises.<\/p>\n<p>Learning from seasoned business owners can uncover the road to success. Check out your local <a href=\"https:\/\/www.flchamber.com\/\" target=\"_blank\" rel=\"noopener\">Chamber of Commerce<\/a> to connect with knowledgeable peers. The <a href=\"https:\/\/floridasbdc.org\/\" target=\"_blank\" rel=\"noopener\">Florida SBDC<\/a> has a network of mentors that provide no-cost consulting.<\/p>\n\n<div class=\"main-content-cta\">\n<!--    <div class=\"mcc-last-updated-desktop\">-->\n<!--        <img decoding=\"async\" src=\"--><!--\/img\/mcc-tick.png\">-->\n<!--        Last updated:-->\n<!--        <b>--><!--<\/b>-->\n<!--    <\/div>-->\n\n    <div class=\"mcc-last-updated-desktop\">\n        Advertisement\n    <\/div>\n\n    <h2>LLC Formation Service<\/h2>\n\n    <div class=\"mcc-left\" style=\"margin-top: 0;\">\n        <div class=\"mcc-left-price\">\n            LLC Formation: <b>$39 + state fees<\/b>\n        <\/div>\n\n        <div class=\"mcc-left-table\">\n            <div class=\"mcc-left-table-row\">\n\n                <div class=\"mcc-left-table-row-label\">\n                    Pricing:\n                <\/div>\n                <div class=\"mcc-left-table-row-stars\">\n                    <img 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formation & same day filing<\/li>\n            <li>Exceptional customer reviews<\/li>\n        <\/ul>\n\n        <div class=\"mcc-btn\">\n                        <a href=\"https:\/\/www.simplifyllc.com\/go\/Northwest-Registered-Agent\/Default?afftrack=florida\" target=\"_blank\" class=\"btn btn-secondary affiliate-link-northwest\">\n                Start Your LLC Now\n            <\/a>\n        <\/div>\n    <\/div>\n\n    <div class=\"clearfix\"><\/div>\n\n    <div class=\"mcc-last-updated-mobile\">\n        <img decoding=\"async\" src=\"https:\/\/www.simplifyllc.com\/wp-content\/themes\/rzsimplifyllc\/img\/mcc-tick.png\">\n        Last updated:\n        <b>Dec 2024<\/b>\n    <\/div>\n\n    <div class=\"clearfix\"><\/div>\n\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>If you are considering starting a business in the state of Florida, forming a Limited Liability Company (LLC) is a highly popular and beneficial option. An LLC provides flexibility, limited liability protection, and a favorable tax structure, making it an attractive choice for many entrepreneurs. However, the formation of an LLC in Florida requires completing [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":3533,"parent":23,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-96","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Start an LLC in Florida: Step-By-Step<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.simplifyllc.com\/llc-formation\/florida\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Start an LLC in Florida: Step-By-Step\" \/>\n<meta property=\"og:description\" content=\"If you are considering starting a business in the state of Florida, forming a Limited Liability Company (LLC) is a highly popular and beneficial option. An LLC provides flexibility, limited liability protection, and a favorable tax structure, making it an attractive choice for many entrepreneurs. 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