If you’re a business owner in Florida, you might be wondering how much it costs to form an LLC and get your company’s EIN (employer identification number). It’s important for banks to see it when opening accounts or approving loans.
To do this, you need to file Articles of Organization with the Florida Division of Corporations. They’re the documents that officially create your business and make it legally established.
Articles of Organization
If you want to form a business in Florida, you will need to file Articles of Organization with the state. This document tells the state key details about your LLC, including its name, address, and owners.
This process is complex and varies from state to state, so it’s a good idea to get help completing your articles of organization. A competent business lawyer can answer your questions and ensure you complete all the necessary requirements accurately.
Your LLC will also need to appoint a registered agent, which acts as your main point of contact with the state. Your registered agent can be a person or a service.
There are three options for submitting the paperwork: online, by mail, and in person. The filing fee is $125 and includes a certified copy.
Annual Reports
Florida LLC and ein owners must file an annual report before May 1 to maintain their company’s status. Failure to do so will result in a $400 late fee and the state’s option to administratively dissolve your business entity.
The report is required by every LLC, corporation, LP, LLP and nonprofit organization registered in Florida and can be filed online through the Sunbiz system. Once filed, it will be updated on public records in minutes.
To get started, click on the link above and enter your business’s document number (each entity gets a unique 6- or 12-digit number assigned by the state). Next, click “Check Status” to verify that your information is correct.
If your information is accurate, click on the red “Continue” button to move onto the next step. You can then enter an email address that will be used to send reminders about filing your annual report and if you want a Certificate of Status, an optional document that confirms your LLC’s good standing with the Florida Division of Corporations.
Registered Agent
Florida LLCs are required to appoint a registered agent with a physical address in the state. This person is responsible for forwarding legal notices and notifications on behalf of the business.
It’s also important to choose a registered agent that is available during regular business hours. Failing to do this can lead to fines and even the dissolution of your business.
Some registered agents offer additional services, such as annual report reminders, due date alerts and compliance support. Others provide mail forwarding, document scanning and identity theft protection.
A professional registered agent service can save you time, money and hassle. They help you form your LLC, file your annual reports and keep track of your EIN. And they have a dedicated customer support team to answer your questions. Some even offer a 100% Error-Free Guarantee.
EIN
If you have an LLC and are looking to get an EIN in Florida, the process is quite simple. You can apply for an EIN online or by mail. However, online applications are quicker and faster.
The application for an EIN asks you to pick the type of business entity you need, as well as the state in which your company is located. You will also need to indicate the number of members your company has and whether or not you are hiring employees.
Once you have input all of your information, you will receive an EIN confirmation letter from the IRS. This will contain your new EIN, which you can use to pay your taxes and open a bank account in the name of your LLC.
An EIN can be a valuable tool for any business owner. It helps you track your company’s finances, avoid identity theft, and make your business more credible. It’s important to apply for an EIN as soon as you form your business.