Frequently Asked Questions
Everyone has questions when forming a corporation or LLC. You are not alone. We are here to help. Our FAQ page addresses the most pressing issues, such as whether your company needs a Delaware business bank account and how to incorporate in Delaware.
See below for the questions we hear the most, and read the answers you need to know. If you don’t see your question below, please call or email us.
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 for a Florida LLC is $138.75 (Florida corporations are $150) due annually between January 1st and May 1st. A late fee of $400 is applied by the state if the […] Continue Reading
The EIN serves as the Federal Tax Identification Number for the company on file with the IRS. A single-member LLC can either use the Social Security Number (SSN) of the single member to conduct business, or it can obtain a separate Employer Identification Number (EIN). An EIN is required for a multi-member LLC. We recommend that […] Continue Reading
While your Florida corporation or LLC must have a registered agent, it does not need to open an office, bank account, or business address to operate a Florida LLC or Corporation. The sole “physical presence” requirement for a Florida LLC or Corporation is a registered agent to receive service of process in the event of […] Continue Reading
Yes. There is no prohibition against non-U.S. citizens forming a Florida Corporation or LLC unless you or your country is outlawed by the US Department of the Treasury on its OFAC list (Office of Foreign Asset Control). Florida business entities owned by non-US citizens must register with the US on the one page FBAR form […] Continue Reading
When a Florida LLC is formed, the Articles of Organization must contain the name and signature of either a manager or a managing member. The information supplied in the Articles of Organization is public record and available over the internet. Some companies use a Delaware LLC to serve as manager of the Florida LLC to […] Continue Reading
Yes, you are allowed to operate a Florida LLC for any legal business in every state in the USA. Under the US Constitution, your Florida LLC is viewed as a legal “person” and other states cannot discriminate against this “person” based on where he/she/it was born or incorporated. This is protected under the full faith and credit […] Continue Reading