When naming your Florida LLC, your name should be distinguishable from any existing business entity registered with the Secretary of State of Florida.
In addition, your LLC name should contain the words ‘Limited Liability Company’ or ‘Limited Company’. Abbreviations for these words also apply, that is ‘L.C.’ or ‘L.L.C.’
Before filing a name for your LLC, first verify that the chosen name has no existing duplicate registered with the Secretary of State. The business name search database of the Division of Corporations of Florida will be your best resource.
No name reservation is allowed by the state, so only verify your name when you are ready to organize your business.
When starting an LLC in Florida, a Registered Agent is an integral requirement. You will not be authorized to operate in Florida legally without a Registered Agent.
Here is a list of requirements for a Florida LLC Registered Agent. He or she should be an individual or another business entity that will perform as your business’ representative when accepting official documentation sent by the state. Second, that Registered Agent should have a physical address in the state.
You can hire a Registered Agent service and pay up to $160/year, or get a Florida Registered Agent free of charge when you incorporate your LLC with IncFile.
The next step to formally register an LLC in Florida is to file an Articles of Organization for LLC to the Division of Corporations of Florida.
The Articles of Organization form should be completed in its entirety in a concise manner. Pertinent information includes: LLC name and address, details about its Registered Agent, and details about the LLC’s owners.
Double check the instructions before submitting your form for Florida LLC filing.
Filing Fee: $125.00
An LLC EIN is another requirement when starting a business in Florida. The employer identification number is a series of numbers that is issued by the IRS as your LLC’s unique identifier.
Almost every transaction your business engages in will require an EIN. From opening a bank account to paying your taxes, your will need a Florida EIN. Obtain one from the IRS.
To avoid any tax, asset, or financial confusion as an LLC, open a separate checking account for your business. This will keep all personal and business assets separate when you pay your taxes.
From CitiBank to Chase, there are many options to choose from. For a quick look at some of our favorites, see this review.
After filing an Articles of Organization to the Division of Corporations, there are a few additional requirements to comply with to legally start your operations. We’ve also included a few recommended steps to help you run your LLC successfully.
A business plan is not just a document that outlines the entirety of your business. A business plan is a compass by which you can determine your Florida LLC’s direction toward progress and growth.
A business plan helps identify unforeseen issues and address impending problems. It’s imperative to create a solid one, especially if you are searching for funding for your Florida business. Get started on a business plan with the links provided below.
To ensure your business operates without government interference, maintain your Florida LLC tax and business license requirements.
To maintain compliance when starting an LLC, this is an important requirement. Since there are several Florida LLC taxes you must process, research the documents you are required to complete. Use our Florida business taxes guide as a resource.
Equally important as taxes, your Florida business licenses are imperative when developing an LLC in Florida. There are numerous requirements for federal and state business licenses. To ensure you have the correct information, use our Florida Business Licenses and Regulations Guide.
While an LLC Operating Agreement is not required when filing an Articles of Organization, it is highly recommended.
An Operating Agreement is an internal document that outlines the functional and financial operations of your LLC. Most importantly, it safeguards your LLC’s status. Rocket Lawyer’s Operating Agreement outlines a pattern you use when creating your own document. It can be fully customized and signed online as well.
The next step when starting a Florida business is to build a professional website. Your professional website builds credibility and trust with your future customers.
WordPress allows the non-tech savvy entrepreneur to create an effective website. It is free and easy to use. Get started with this free guide!
Note that this guide is an informational article. This should not be taken as a legal document or advice. When starting a new business in Florida or when you have specific questions about your Florida LLC, your lawyer is the best person to talk to.