By Maryann Lawrence, Startup Rep, Direct Incorporation
Last week we covered the cost and process of incorporating a business in California. Today, we’re traveling across the U.S. to share information on incorporating in Florida.
Discover the benefits of incorporating in Florida.
Florida offers an excellent business climate. In fact, it is the 15th largest economy in the world, according to the Florida DMV. In addition, Florida leads the nation in new business formation. This is due to the many advantages Florida offers business owners:
* Quick incorporation process – 3 to 4 days
* No personal income tax – an average savings of 5.5%
* No minimum capital requirements for incorporating your business
* Separate legal entity status, which normally shields business owners from personal responsibility for business losses
* Land and labor are more affordable in Florida
* Business capital is easier to obtain in Florida
How much does it cost to incorporate in Florida?
The state fee to form an S-Corp or C-Corp in Florida is $78.75, while the LLC state fee is $130. Once your company has been incorporated in Florida, you will pay an annual filing fee of $138.75 to $150.
About Direct Incorporation’s Florida incorporation services.
Direct Incorporation offers three packages to assist you with incorporating in Florida, with prices ranging from $149 to $773. For more information on our Florida incorporation services, click on a link below.
Do you have questions about incorporating your business in Florida? Please leave a comment below and I will try to answer them. Thanks! – Maryann
