FLORIDA LLC FORMATION

Why form your LLC in Florida?

Forming an LLC in Florida offers various advantages that can make it an attractive choice for business owners. Florida has a growing economy, business-friendly policies, and other features that can be beneficial to a new or existing company.

Florida is home to a diverse range of industries including tourism, agriculture, aerospace, and technology. Florida serves as a gateway for trade and travel between the United States, Latin America, and other parts of the world.

Advantages of forming LLC in Florida

No State Income Tax

Florida is one of the few states that does not have a personal income tax, which can mean more money in your pocket at the end of the year.
Ease of Doing Business

Florida has streamlined its process for business registration and compliance, making it easier to get your business off the ground.
Tourism and Population Growth

Florida's tourism industry and growing population offer a large market for businesses.
Flexible Business Structure

Like most states, Florida offers a flexible LLC structure, which means you can tailor your business operations in a way that suits you best.
Asset Protection

Florida offers strong asset protection laws that protect the personal assets of an LLC’s owners from business liabilities.
Low Filing Fees

Florida has relatively low initial filing and annual report fees compared to other states.

Disadvantages of forming LLC in Florida

Annual Report Fees

Although the filing fees are relatively low, Florida requires all LLCs to file an annual report, which comes with an annual fee.
Tangible Personal Property Tax

If your business owns tangible personal property used in the business, you may be subject to this tax.
Sales Tax

Florida has a relatively high state-level sales tax, which might impact certain businesses more than others.
Public Records

Florida requires the names and addresses of the LLC members and managers to be listed in the public records, which may be a concern for those who desire privacy.

Pre-made packages for LLC formation in Florida

Get the business formation package that suits your needs, whether you’re looking for a basic package or comprehensive support. We provide all the essentials to initiate or expand your business successfully.

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Do you have a unique vision for your new company?

Don’t worry, we’ll help you make it happen. Start your LLC with a personalized offer from Laveco. Contact us and request a price quote now!