Form LLC in Florida – Steps to Form Your Very Own LLC
As a leading provider of incorporation services, we know that before diving into how to form LLC in Florida, you first need to be very clear about what an LLC is. LLC is short for a Limited Liability Company, which is a business venture that is not a corporation but rather mixes both elements of corporate structures and partnership. It gives limited liability to the owner of LLC. This means they would not be fully responsible to bear the cost of any financial issue. It can have a single owner or multimember. So it is up to you and your financial position that decides whether you want to have a single member LLC or a multimember LLC.
Now that the concept of LLC is clear, here are some simple ways you can form LLC in Florida.
Form LLC in Florida – Registrations and Fees
Before you start anything, you must first determine the state where you intend to have your LLC. This is because different states have differing rules and regulations of LLC formation. Also, registration has to be done in every state if you intend for your LLC to function in more than one state. Fee structure to form LLC in Florida is also different from other states. Fee structures vary from $100 to $1000. So make sure you find out all the legalities before starting any business.
You would need to file a document known as ‘Articles of Organization’ at the state level to get started.
Form LLC in Florida – Name of Your LLC
The name of your LLC is very important. You would have to come up with a name that is not already in use by some other organization. The name should also be such that it fulfills appropriate requirements of Florida. All of this information can easily be obtained from the Secretary of State’s Office of Corporation. Words that might indicate some connection with federal or state agency are strictly prohibited. So be very careful about what name you give to your LLC.
Form LLC in Florida – A Registered Agent
A registered agent is one who does all the sending and receiving of legal paper work for you. The agent must be registered with the state that you intend to form LLC Florida. The agent must also be a resident of Florida to be legal. Articles of organization cannot be filled before a registered agent is selected.
Form LLC in Florida – Operating Agreement of Your LLC
An operating agreement is a form of legal document that mentions everything from the number of owner(s) of the LLC to the procedures that would be used in the operation. This is not a requirement when you form LLC Florida, but it will help you out. Therefore it is advised that an operating agreement be formed. With the help of the agreement, you would easily be able to develop a relationship, financial or otherwise, with co-owners of your LLC. A written operating agreement will save you from any misunderstandings in the future.
Forming a Limited Liability Company can become very profitable for you. Just be sure to research all the rules and requirements as well as your financial conditions before starting one.
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.