Florida Incorporation FAQs
How much does it cost to incorporate in Florida?
When you incorporate in Florida, you’ll pay the $70 state filing fee, but you’ll also need to appoint a Florida registered agent. Our Florida registered agent service comes to $35 a year—one of the lowest yearly prices you’ll find.
Your Florida corporation also has the option to pay $8.75 for a Certificate of Status, and you can get a Certified Copy of your Florida Articles of Incorporation as well. The Florida Division of Corporations charges $8.75 for a Certificate of Status, plus $1 per page for each page over 8 (with a maximum of fee of $52.50).
How long does it take to start corporation in Florida?
Florida typically processes online filings in around 8 business days, and paper filings can take a week or so longer. When you hire Sunshine Corporate Filings® to form your Florida corporation, we’ll file your Articles of Incorporation online.
Can I form a corporation in Florida if I don’t live here?
Yes! You don’t need to be a resident of Florida to start a corporation in Florida—but you do need a Florida registered agent with a physical location in Florida. (Naturally, we recommend hiring Sunshine Corporate Filings LLC®!).
Can I incorporate in Florida anonymously?
No. A Florida corporation cannot be anonymous or private. If Florida business privacy is a major concern for you, you might consider setting up a Florida Double LLC™ instead. Our special Florida Double LLC™ package will keep your name and address off records available to the public.
How do I dissolve a Florida corporation?
You can dissolve a Florida corporation by filing Articles of Dissolution with the Florida Division of Corporations. There is a $35 filing fee. You can submit Articles of Dissolution by mail, but the easiest way to dissolve your Florida corporation is online at Florida’s Sunbiz.org.
How will my Florida corporation be taxed?
Your Florida corporation’s first $50,000 in income is exempt from the state’s corporate income tax—which is one of the biggest perks to starting a corporation in Florida. Otherwise, Florida’s corporate net income tax rate is currently 4.458%.
Florida’s state sales tax rate is 6%. However, Florida’s counties can add up to 2% in sales tax, so your Florida corporation’s total sales tax rate could range between 6% and 8%.
Learn more at our guide to Florida Corporate Taxes.
Should I open a corporate bank account?
Every corporation needs a corporate bank account, and you’ll need to present the following documents (at the least) to make that happen:
- A copy of your Florida Articles of Incorporation
- Your corporate bylaws
- Your Florida corporation’s employer identification number (EIN)
- A resolution authorizing you (or a representative) to open the account
Does a Florida corporation need a business license?
Yes. Your Florida corporation needs to get a Business Tax Receipt before doing business in Florida. The tax gets handled at the county level, and the cost may vary from county to county. It’s best to check with your local tax collectors office to determine your corporation’s requirements and fees.
What is the Florida annual report?
Every corporation registered in Florida must file a Florida Corporation Annual Report with the Florida Division of Corporations. This report is due by May 1st each year. It can be filed online at Florida’s Sunbiz.org. There is a $150 filing fee.
What if I don’t file my Florida annual report?
A Florida corporation that fails to file its annual report will get fined $400. If the corporation still neglects to file the report, the Florida Division of Corporations will administratively dissolve the corporation. If this happens, you will need to reinstate your Florida corporation to continue doing business.
Can Sunshine Corporate Filings® file my Florida annual report?
Yes! When you hire Sunshine Corporate Filings® to incorporate your business in Florida, we’ll be your Florida registered agent—so the Florida Division of Corporations will send us your corporation’s annual report notifications each year.
We carefully track these annual requirements and will automatically inform you of any upcoming deadlines, but we also provide our Florida annual report renewal service for $100 a year. Hiring Sunshine Corporate Filings LLC® to file your Florida annual reports will help ensure your business never falls out of good standing with the state.
My corporation needs to accept credit card payments. Can you help?
Absolutely! Our free credit card processing consultation service is available to every new client who hires us to incorporate their business in Florida. As part of this free service, you get on the phone with one of our card payment industry specialists and explain your credit card processing needs. Then we can help you apply for credit card processing at rates we negotiate on your behalf. We work with a number of payment processors to get our clients set up to take payments at affordable rates.
To request your free consultation, simply select the “Free Credit Card Processing Consultation” checkbox on your sign up form, and our team of card payment specialists will send you an email to schedule a call.