Florida limited liability company 2025

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A Florida LLC combines the liability protection of a corporation with the tax treatment and ease of administration of a partnership. Forming an LLC in Florida also offers: Pass-through taxation.
To start an LLC in Florida yourself, you need to choose a name for your LLC, prepare and file articles of organization, create an operating agreement, obtain an EIN, and get a business license. Then you can establish a bank account and take the next steps.
The State of Florida charges $125 to start an LLC: $100 to file your Articles of Organization and $25 to designate your Registered Agent. You only need to file your Articles of Organization once, but every year after, youll need to file an annual report for your LLC, which has its own fees.
As you might have already guessed, an LLP is a type of partnership and must have more than one partner to qualify, whereas an LLC requires just one person. There is, however, no cap on the number of owners that either entity can have.
If your business already earns a profit or if it carries any risk of liability, you should start an LLC immediately. Many folks say you should form an LLC once you earn over $100,000. However, many lawyers insist you start an LLC from the get-go.