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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.

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 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 […]

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Does My Company Need an EIN from the IRS?

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 […]

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Are Florida LLCs able to do business in other states?

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 […]

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