Why Incorporate in Florida?
Florida specializes in online
Florida Incorporation and LLC
for small and home
businesses in the State of
submit your application and ensure your Florida Incorporation process runs
smoothly for you.
State of Florida has no
Personal Income Tax
S corporations are
NOT taxable entities.
Florida S corporations are
required to file state
income tax returns
Shareholders, Officers and Directors DO NOT have to be listed
min. capital requirements
Complete Privacy regarding who owns or runs the corporation
Florida State Library
and Free Form
(Limited Liability Company) Overview
Florida LLC incorporation has some tangible benefits
that persuade many people in choosing it over traditional corporations. This is
an overview of LLC's in Florida. We offer incorporation as an LLC as
one of our services if you so choose...
Florida LLC incorporation form >
Florida LLC (Limited liability) companies are chosen most often
because they are a combination of the most beneficial parts of
partnerships and business corporations.
A Florida LLC (limited liability company) protects you from personal
liability for debts acquired through business, similar to a
corporation. A Florida LLC is different from a Florida corporation
in that an LLC is a "Pass-through tax entity". What that means in
layman's terms is, Florida LLC's can pass through the profit and
loss of the Florida business to it's owners, who then report them on
their IRS tax forms while doing their personal US taxes.
Creating a Florida LLC is a little bit more involved than it is to
create a sole proprietor or partnership however, the day to day
functioning of an LLC is less hassle than operating a general
Main points of Florida LLC...
Your personal liability is limited...
Owners of Florida LLC's are protected from personal responsibility
(liability) for debts and claims against the LLC business. In the
case of a miss-step the Florida LLC owners cannot be held liable
personally for the mistakes. Florida LLC assets are subject to
liquidation after legal action. LLC owners generally need not fear
losing their personal vehicle, homes, or other assets unrelated to
the limited liability company they own. However, there are
Exceptions to Limited Liability for Florida LLC's
If the owner of a Florida LLC has any of the following occur, he or
she can be held personally liable for the consequences
* Personally and directly physically harms another individual.
* Personally guarantees a bank loan or business debt for the Florida
LLC which ends up resulting in default.
* Does not deposit employees' wage taxes as required by Florida
state LLC law.
* With intent does something reckless, against the
law, or commits fraud resulting in harm to the company or to someone
* Commingles Florida LLC funds or affairs as if the owner and the
LLC are one in the same and not separate legal entities. Keeping
separate payments, checking accounts, assets, are all recommended...
but there are detailed guidelines you should familiarize yourself by
researching with the State of Florida online LLC information center.
This last exception is the most important. If owners don't treat the
LLC as a separate business, a court might decide that the LLC
doesn't really exist and find that its owners are really doing
business as individuals, who are personally liable for their acts.
To keep this from happening, make sure you and your co-owners:
Florida LLC owners might want to consider liability business
insurance to help protect them against personal liabilities in the
case of something going dreadfully wrong and a State of Florida
court judges your Florida LLC does not really exist for some reason.
Florida LLC insurance can protect:
* Personal assets: Car, House, Boat, Savings, anything you own of
value from lawsuits and legal claims.
Helpful LLC Links to more information:
I want to incorporate
as a Florida LLC >
See more information about
Florida LLC's at:
Types of Florida
Incorporation (LLC section)
Forms Library (free downloads)
or, these links for general
How to start business
incorporation in Florida
incorporation, start here
Get started now on your
to Incorporate your
Florida State business
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By law, we cannot provide legal advice and we cannot
answer questions or otherwise assist our clients in completing the