Most people have no idea how to start an llc in florida. There is a wide range of choices when it comes to what type of company they should choose, but the truth is that most Floridians have no clue. When people get married, the state requires an LLC unless the bride and groom can register their marriage as a traditional wedding. Then, the bride and groom must file a fictitious name statement with the Office of the Secretary of State with their personal information, including their names and addresses. In other words, filing for an LLC in Florida is pretty much like getting married.

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LLCs are not recognized as sole proprietorships, which means they are not able to manage or control the business or its finances independently. Once you have established yourself as the registered agent for your LLC, you are automatically deemed a member for all purposes. This means that you are responsible for accounting, budgeting, cash flow and any issues that arise throughout the business.

 

As a general rule, all companies that file Articles of Organization with the Office of the Secretary of State need to have a Florida registered agent. You may think that an LLC is some kind of business entity, but there is a big difference between an S corporation and an LLC. One has only one class of stock, while the other has two classes of stock. LLCs have a limited liability company, or LLC, as their form of business entity while S corporations have many different types of stock ownership, classifications and voting rights.

How To Start An LLC In Florida - File Taxes Online

 

If you are thinking about how to start an LLC in Florida, you will also need to decide on a business license. There are many requirements that must be met before you can receive a business license, and these include filing an Articles of Organization, paying the filing fee and paying a maintenance fee. Some counties will waive or reduce the required fees, so check with your county clerk. There is also a requirement that all LLCs use their tax identification number, and most require it to be the first word or first letter of the business name. Look at your filings carefully and be sure to use your tax identification number.

 

Once you know the basics, you may be wondering how to start an LLC in Florida. To do this, you need to decide how many members will be in the LLC and who will be the registered agent. Each member is required to complete and sign an Application for Operating License. The Application for Operating License is filed with the Florida Department of Financial Services. The qualified owners are then assigned a Registered Agent who will be the person who handles communications with customers and others who need to file paperwork.

 

Each member then submits a declaration of authority to show that they have the authority to operate the LLC. Once all of this paperwork is filed, you must next complete the Operating Agreement. The Operating Agreement is required to be filed with the Florida Corporation Commission along with the Articles of Organization. The Articles of Organization form is a one page document that will describe the general nature of the LLC such as who is involved, their objectives, purpose and domain name.

 

The Operating Agreement is also a two page document that must be attached to the application. This states the general principles governing how the LLC will be managed, how the LLC will be operated, how the LLC's assets and liabilities will be taxed and how the LLC must provide its annual reports to the IRS. The filing fee is usually $ 125. If an LLC has more than one member then there is an additional annual fee that is paid to the agent that manages the LLC.

 

All state income tax returns and all federal level tax returns must be filed with the Florida Corporation Commission before the LLC can become active. All members must pay an annual filing fee and must pay the tax on or before the due date. All business entities to file state income tax reports with the state tax authority. Therefore, all members of the LLC must follow the above procedures if they want to start an LLC in Florida.

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