Form LLC in Florida Requirements
The business world is extremely competitive and people who are looking to start a business will now have to do all the proper research in order to ensure that it is a success in the long term. When you decide to start a business, one of the best things you can do is to incorporate it so that you can enjoy the benefits of incorporating in Orlando, Florida.
Most people prefer to form a Limited Liability Company (LLC) in Florida, although it is wise to note that every state has its own laws and requirements for forming an LLC. Here are some of the things you will need to do in order to form LLC in Florida:
A Company Name:
The most important thing for your company, along with its reputation, will be the name of the company. You must select a company name carefully. You will have to add the LLC identifier in the name of your company as well, or an abbreviation to ensure that people know about your company.
Research the names of companies already established in the industry so that you do not end up choosing a name which is already under use by another company. The Articles of Organization will usually hold the right to ensure that your company has a unique name in the industry of your choice. Choosing a name for your company is one of the first things you will have to do when you form LLC in Florida.
The Purpose of Your Business:
The next step in the process will be to include all the business details about your company and what sort of business you will be running. This is an important step, since it will identify the purpose of your business. It also includes two types of clauses, which help in identifying the purpose of a business:
- Specific Purpose: This clause explains the purpose of your business completely, and includes naming all the services and products your business will provide.
- General Purpose: This clause only gives a general explanation, which will say that the LLC is eligible for all lawful business.
A Registered Agent:
When you decide to form LLC in Florida, you will be required to hire a registered agent. The agent will handle all the legal documents, regarding incorporation and all other important documents which are necessary for forming an LLC and identifying its products and services. The registered agent will make your job a whole lot easier by handling and keeping all the documents safe in a professional and reliable manner.
An organizer is important since they will be in charge of filing all the important documents and information about your company. You will be required to give the name, address and signature of the organizer, since most states require that information.
A Management Structure:
It is important to identify and outline the management structure when you form LLC in Florida, since it will allow you to determine the type of business or company you are starting. There are two types of management structures:
- Member Managed: This form of management takes the shape of a partnership, where it is managed by fellow members in the organization.
- Manager Managed: This type of management shapes up to a style which is much more like a corporation, where you will hire a manager to run your business for you.
You need to clearly identify the management when you form LLC in Florida as it is a crucial step in the process.
If you need more information about our business development services, please contact us at 407-344-1228. FreedomSBS is a marketing, graphic & web design, accounting, internet marketing, business development, and corporate law resource firm all in one! FreedomSBS is your one stop shop to start, grow and mature your business. Our services include: incorporation services, graphic design, logo design, web design, web development, internet marketing, search engine optimization (SEO), marketing consultations and corporate law resources. Our services are provided nationwide, but since our main office is located in Kissimmee, FL, we mainly help businesses in the Central Florida market to areas like Orlando, South Orlando, Kissimmee, St. Cloud, Poinciana, and Hunters Creek, FL.