Category: Start LLC Guide

Written by: Samantha N. If you own or are planning to start up a business in Florida, you should know about operating agreements. Operating agreements are legal documents that define the rules and regulations of how your business will operate. They can be customized to meet your specific needs and provide protection for your business. Read on to learn more about the types of operating agreements available and why they are important.  LLC Operating Agreement  The most common type of operating agreement is an LLC (Limited Liability Company) Operating Agreement. An LLC Operating Agreement is a legal document that outlines the ownership structure, management roles, responsibilities, and financial obligations of each member in an LLC. This document also establishes the rules and regulations for how the LLC will operate on a day-to-day basis and includes information about voting rights, profits and losses, contributions, distributions, dissolution procedures, etc. It’s important to have an LLC Operating Agreement in place because it provides a clear set of expectations for members and protects against potential disputes down the road.  Corporation Charter Documents  If you are forming a corporation in Florida, you will need to draft corporate charter documents which outline the structure, purpose, rules…Continue readingWhat Every Florida Business Should Know About Operating Agreements

Written by: Samantha N. If you own a business in the state of Florida, you are required to designate a registered agent. This person or company is responsible for receiving legal documents on your behalf. Fortunately, there is an option available that allows you to serve as your own registered agent. In this blog, we will provide a step-by-step guide on how to be your own registered agent in Florida.   Step 1: Complete the FLORIDA Registered Agent Application Form  The first step is to download and complete the application form provided by the Florida Department of State. This document can be found at http://dos.myflorida.com/forms/120009/120009_1.pdf . The form requires basic information about yourself and your business, such as your name and address, as well as contact information for someone who can be contacted in case of emergencies. Once you have completed the form, it must be notarized and submitted with the fee of $35 to the Division of Corporations at PO Box 6327 Tallahassee FL 32314-6327 .  Step 2: Designate Yourself as Your Business’ Registered Agent  Once your application has been approved by the Division of Corporations, they will provide you with confirmation that you are now designated as your business’s…Continue readingA Step-by-Step Guide For Becoming Your Own Registered Agent in Florida

Written by: Samantha N. If you are thinking about launching a business in the state of Florida, it is important to know what types of licenses and permits you will need. The exact requirements vary based on the type of business and the industry in which it operates. In this blog, we’ll discuss the various types of licenses and permits that must be obtained by an LLC (limited liability company) in Florida.  Local Business Tax Receipts  The first type of license that LLCs must obtain is a local business tax receipt (also known as an occupational license). This license is issued by each county or municipality where the LLC wants to do business. The fee for this license varies depending on several factors, such as the type of business being conducted and the estimated annual taxable income generated by the business.  State Licenses/Permits  If your LLC is engaged in a certain type of activity, then you may also need to obtain certain state licenses or permits.  For example: If your LLC manufactures food products, then you will need to register with the Department of Agriculture and Consumer Services before doing any manufacturing. Similarly, if your LLC provides health care services,…Continue readingNavigating Business Licenses and Permits for LLC’s in Florida