Interested in forming your client’s new business in Florida? According to the State of Florida, Florida offers an ‘excellent business climate. Every aspect of doing business has been made easy allowing new entrepreneurs to reserve their new company name, incorporate, file required documents, and pay their taxes online.’
Whether you are starting your client’s new business as a corporation or LLC, Attorneys Corporation Service, Inc. can help. We can form your client’s new business quickly and efficiently in each of the 50 states, and Florida is no exception.
Other benefits of forming a business in Florida include the combination of the ‘pro business attitude of Florida with the nations 4th largest population and labor force and the 15th largest economy in the world’ and the fact that in Florida there no personal income tax. Another great benefit is that Florida doesn’t have minimum capital requirements for incorporating your business.
Before you register your client’s new business in Florida as an LLC or corporation, you need to make sure the desired business name is available. Attorneys Corporation Service, Inc. can run a business name availability check for you immediately. You do not want to draft Articles of Incorporation and/or let your client know their business name is available before you have confirmed with Attorneys Corporation Service, Inc.
In Florida, the company name must include the correct corporate or LLC identifier and cannot contain language stating or implying that the corporation is connected with a state or federal government agency or a corporation chartered under the laws of the United States.
After you have determined the business name is available through an accurate name availability check, it’s time to file the correct paperwork with the Florida Department of State Division of Corporations. Florida corporations require Articles of Incorporation and Articles of Organization are required for LLC’s. Attorneys Corporation Service, Inc. can draft and file your client’s Articles for you.
Florida Articles of Incorporation must set forth the following:
- The name of the corporation must include a corporate suffix such as Corporation, Corp., Incorporated, Inc., Company, or Co. A Professional Association must contain the word “chartered” or “professional association” or “P.A.”
- The principal place of business and mailing address of the corporation.
- Specific Purpose for a “Professional Corporation”
- The number of shares of stock that this corporation has authorized.
- The names, address and titles of the Directors/Officers (optional).
- The name and Florida street address (a P.O. Box is NOT acceptable) of the initial Registered Agent. The Registered Agent must sign in the space provided and type or print his/her name accepting the designation as registered agent. Attorneys Corporation Service, Inc. can set you up with a Florida Registered Agent.
- The name and address of the Incorporator. The Incorporator must sign in the space provided and type or print his/her name below signature.
- An Effective Date, which may be added to the Articles of Incorporation, otherwise the date of receipt will be the file date. (An effective date can not be more than five (5) business days prior to the date of receipt or ninety (90) days after the date of filing).
Finally, obtain a Federal Employer Identification Number (FEIN) for your client’s company and open a company bank account. Attorneys Corporation Service, Inc. can set you up with an FEIN or Tax Identification Number immediately.
Forming a business in Florida can be great for your client’s new business. Ask Attorneys Corporation Service, Inc. how we can assist you in the business formation process.
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