What Do You Need to Form a Company in Florida?
Florida is one of the most business-friendly states in the United States. With its low tax burden, strong economy, and openness to international investors, forming a company in Florida has become an attractive option for both domestic and foreign entrepreneurs. In this guide, we cover all the documents and steps you will need throughout the Florida company formation process.
1. Choose Your Business Structure
The most common business structures in Florida include:
- LLC (Limited Liability Company): Ideal for small and medium-sized businesses. Protects personal assets and offers tax advantages.
- Corporation (C-Corp / S-Corp): Suitable for companies planning to raise investment or go public.
- Sole Proprietorship: The simplest structure for single-person businesses, but offers no personal liability protection.
For foreign nationals, a Florida LLC is generally the most suitable and cost-effective option.
2. Choose and Register Your Business Name
To form a company in Florida, you must first choose a unique business name. The name you select must not already be registered in the Florida Division of Corporations database. For an LLC, the name must include "LLC" or "Limited Liability Company."
You can use sunbiz.org to search for available names. Once you find a suitable name, you can proceed with registration.
3. Appoint a Registered Agent
Every company in Florida is required to appoint a Registered Agent. This person or entity is responsible for receiving official government correspondence and legal notices on behalf of the company.
The Registered Agent must have a physical address in Florida. If you live outside the US, you can purchase this services" class="text-teal-600 hover:text-teal-700 font-medium underline decoration-teal-300 hover:decoration-teal-500 transition-colors">service from a professional company. Florida BS provides reliable and affordable Registered Agent services.
4. File Articles of Organization
To form an LLC, you must submit Articles of Organization to the Florida Division of Corporations. This document includes:
- Company name and address
- Registered Agent information
- Names and addresses of managers or members
- The purpose of the business
As of 2025, the filing fee is $125 and can be submitted online at sunbiz.org.
5. Obtain an EIN (Employer Identification Number)
An EIN is a number issued by the IRS that serves as your company's tax identification number. It is required to open a bank account, hire employees, and file tax returns.
If you do not reside in the US, you can apply for an EIN by fax or mail to the IRS. Florida BS assists clients with the EIN application process.
6. Business Licenses and Permits
Depending on your industry, additional licenses and permits may be required. For example:
- Health permits for restaurants or food businesses
- Contractor licenses for construction companies
- Special regulatory approvals for finance and insurance companies
For a general business license (Business Tax Receipt) in Florida, you may need to apply to your local county or city government.
7. Open a US Bank Account
After forming your company, it is recommended to open a US bank account. This account is critical for receiving payments from clients, managing expenses, and simplifying tax processes.
If you live outside the US, some online banks (Mercury, Relay, Wise Business) allow you to open an account without being Do You Need to Be in the US to Form a Company in Florida?">physically present in the US.
8. Annual Report Filing Guide">Annual Report Requirement
Florida LLCs are required to file an Annual Report Filing Guide">Annual Report each year. This report keeps company information up to date and must be filed between January 1 and May 1 each year. A late fee of $400 applies for missed deadlines.
Advantages of Forming a Company in Florida
- No state income tax: Florida is one of the few states that does not impose a personal income tax.
- Fast setup: Companies can be formed within 1–3 business days through online applications.
- International access: Foreign nationals can form a company in Florida without being Do You Need to Be in the US to Form a Company in Florida?">physically present in the US.
- Strong legal framework: Florida has a well-developed and reliable business law infrastructure.
Conclusion
Forming a company in Florida is a fast and straightforward process when the right steps are followed. Choosing a business structure, appointing a Registered Agent, filing Articles of Organization, obtaining an EIN, and opening a bank account are the key steps. As Florida BS, we are here to guide you through every step of the Florida company formation process.
To learn more or get started, visit our llc-formation">LLC formation page or contact">contact us.