Florida Limited Liability Company FAQs
How much does it cost to start an LLC in Florida?
The main cost of starting an LLC in Florida is the $125 state filing fee for your Florida LLC Articles of Organization, but you’ll also need a Florida registered agent. Our Florida registered agent service costs $35 a year.
When you file your Florida Articles of Organization, you also have the option to get a Certified Copy of your FL Articles of Organization for $30 and a Certificate of Status for $5.
How long does it take to start an LLC in Florida?
Florida typically processes online filings in around 5 business days, and paper filings can take a week or so longer.
When you hire Sunshine Corporate Filings® to form your Florida LLC, we’ll file your Articles of Organization online and get your Florida LLC formed within 5 business days.
What types of LLCs can I form in Florida?
You can form a Florida single-member LLC—owning and running the business yourself—or you can form a multi-member LLC. By default, the IRS treats the owners of single-member LLCs as sole proprietors and multi-member LLCs as partnerships for tax purposes, but your Florida LLC can also elect to be taxed as an S-corporation.
Do LLCs pay taxes in Florida?
Florida doesn’t have a state income tax, which means you won’t pay state income taxes on earnings from your Florida LLC. That doesn’t get rid of federal and local obligations, of course, but it does significantly reduce your Florida LLC Taxes, and it’s one of the main perks of starting an LLC in Florida.
Should I open a bank account for my Florida LLC?
You will need a business bank account to keep your Florida LLC’s finances separate from your personal finances. It’s a good idea to contact your bank to get clear about its requirements, but you can typically expect to bring the following items with you to the bank:
- A copy of your Florida LLC Articles of Organization
- Your Florida LLC Operating Agreement
- An initial resolution authorizing you (or a representative) to open the account
Can I form a Florida LLC if I live outside Florida?
You bet! You are not required to live in Florida to form an LLC in Florida. The only in-state requirement is that you’ll need to appoint a Florida registered agent with a physical location in Florida.
Does an LLC need a business license in Florida?
Florida requires most businesses, including most Florida LLCs, to get a Business Tax Receipt before doing business in Florida. The tax is administered at the county level, and the cost varies a little from county to county. Check with your local tax collectors office to determine your fees and requirements.
What is the Florida annual report?
The Florida LLC annual report is an informational report you’ll file each year with the Florida Division of Corporations. Both domestic LLCs and foreign LLCs registered in Florida must file a Florida annual report each year by May 1st.
The annual report fee for a Florida LLC is $138.75. You can file the report yourself online at sunbiz.org, or you can hire Sunshine Corporate Filings® to file your Florida annual report for you.
If you fail to file your Florida LLC’s annual report, your company might be dissolved by the Florida Division of Corporations. If this happens, you will need to reinstate your Florida LLC if you want to keep doing business in Florida.
Can Sunshine Corporate Filings® file my Florida LLC annual report?
Absolutely! When you hire Sunshine Corporate Filings® to form your Florida LLC, we’ll also serve as your Florida registered agent—and that means the Florida Division of Corporations will send us your 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.
Can I get Florida mail forwarding service with my Florida LLC?
Yes! We know that receiving your mail at an in-state address is a major concern for LLCs operating inside and outside Florida, which is why we offer three Florida mail forwarding service options to suit your needs:
- Our free limited mail forwarding option is already available when you hire us to form your Florida LLC, and it includes forwarding up to 5 pieces of non-state mail per year for free;
- Our Deluxe Florida mail forwarding package includes 25 non-state mail scans for $125 a year; and
- Our Premium Florida mail forwarding package includes unlimited mail scans for $225 a year.