What are the annual costs associated with a Florida LLC?

After formation, there are two annual costs to maintain a Florida LLC: an annual report fee and a registered agent payment. The annual report fee is $138.75 due annually on June 1st beginning the year after an LLC is formed. The registered agent fee is $90, which is due annually on receipt, but no later […]

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Does my Florida LLC have to request an EIN from the IRS?

Florida LLCs with a single member are not required to request an EIN (Employer Identification Number) from the IRS. Single-member LLCs have the option of using the member’s social security number or an EIN to open bank accounts. Florida LLCs with multiple members must request an EIN from the IRS through an online application by […]

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Are Florida LLCs able to do business in other states?

Yes. Under the US Constitution, a Florida LLC is permitted to operate in all fifty states. Even if it does business in other states, the internal affairs of the LLC will still be governed under Florida law. Should the level of activity in those states involve hiring employees or opening an office, then in that […]

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