Setting Up An LLC In Florida
Florida is known for attracting around 60 million visitors a year. As a result of this the state’s tourist industry is the largest sector of its economy.
Foreign investors considering setting up an LLC in Florida also have the option of tapping into agriculture, mining and the aerospace industries as a source of income; with all contributing significantly to the GDP, which is in excess of 700 billion dollars per annum.
Another advantage is the recent abolition of taxes linked to mutual funds, stocks and bonds. With nearly a decade of experience in Florida and across the US, our financial advice and legal services are backed up by a wealth of intimate knowledge about company formation in Florida.
Requirements for Florida limited liability formation
- Minimum share capital amount is just $1
- The initial filing fee may increase if company shares rise
- Minimum of one director
- The company name must contain either corporation, incorporation or an abbreviation
- The company name must differ substantially from existing businesses
- Registration for an EIN Number
- Residency for directors is not a requirement
- Directors listed in the articles of incorporation is not a requirement
Florida Incorporation Fees
How long does it take to start a company in Florida?
Setting up an LLC in Florida has a timescale of approximately one week, depending upon the receipt of all relevant information. The documents will be sent to you anywhere in the world.
Serviced or virtual offices in Florida
Other services we offer include the management of both serviced and virtual offices. For your new business to get off to the right start quickly, having an office in the right location can make all the difference; through attracting important investors to gaining a favourable credit reputation.
Start An American Company are able to provide serviced offices with receptionist, secretary and all the office equipment you would expect at some of the most prestigious locations in Florida. We have a network of associates that help facilitate the sourcing of offices with conference rooms and postal rooms too.
Alternatively, if you would prefer to manage your new company from a more convenient location, we can provide a virtual office on your behalf. All your calls, emails, faxes and mail can be forwarded to you anywhere in the world without your clients’ knowledge. This allows full advantage to be taken of the tax benefits in Florida without needing to be physically based in the state. Many of our clients find the services of a virtual office an efficient way to operate their Florida business, from the convenience of their own home or other favourable location.
Florida’s beneficial tax incentives include the following: no personal income tax, subchapter S corporations are allowed (for pass-through taxation benefits), no corporate franchise tax on capital stock, no sales and use tax on goods manufactured or produced in Florida for export outside the state.
Accountancy in Florida
For a quote of our comprehensive accountancy services based upon the approximate number of monthly invoices and projected annual turnover, please contact us.
How to register for a Florida limited liability company
To commence setting up an LLC in Florida, we require the following documentation:
- A completed application form.
- 100% of the Incorporate Florida cost, due on receipt of a pro-forma invoice from us.
- A certified copy of each Directors/Shareholders passport.
- Two utility bills less than three months old.
We have a variety of fixed price packages available for a comprehensive Florida Company Formation service. Alternatively, you can choose individual services to meet your needs, which are also fixed in price, so you know exactly what you are paying for. Start An American Company are able to arrange a wide range of additional Incorporate Florida related services, such as, work permits, social security, bank accounts and certificates of good standing, which are amongst the more popular standalone services for Florida Incorporation.
If you are unsure of which Florida Company Registration package or services you need, or would like more advice about Florida Company Formation, simply contact our team and we will find the right deal to meet your needs and can arrange for you to open a Florida company in as little as a week.
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