If you are considering starting an LLC in Florida, there are a number of things that you should familiarize yourself with. One of the most important considerations is whether your business will need a certificate of authority. This is required before the state will issue its business license. Most small business owners do not have this requirement and must begin operation without one.
If you are a new business owner who wishes to open an LLC in Florida, the good news is that this is not necessary. It is perfectly acceptable for any business to be open without a C.O. issued by the state. However, for new businesses and inexperienced business owners, having a C.O. can give you more credibility with potential investors.
Many new businesses in Florida operate as sole proprietors. The majority of these are self-employed contractors that do not have to obtain any type of C.O. To qualify for a C.O., you need to have your own personal assets, exclusive business, and significant financial backing.
How To Start An LLC In Florida
Another option on how to Start An Llc In Florida is to open a DBA. A DBA (Dissententient Body) is similar to an LLC, but it does not require a C.O. The majority of states allow a DBA to operate for the benefit of individuals, limited by the state regulations. A DBA is considered a separate entity from the business, although many entrepreneurs enjoy using them simultaneously for convenience. Because they are considered a dissenter, the C.O. cannot exercise powers or authority over the business.
In order to open a DBA, you will need to file an article of organization with the Florida Corporation Commission (ACC). This must be done with the Office of the Attorney General. Once the articles of organization have been filed, the business must open and operate for six months from the date of filing. If during this period any complaints are filed against the business, the ACC will become involved in the matter.
how to start an llc in florida can also be accomplished by using the services of an attorney. Many small business owners in the Tampa Bay area utilize the services of an attorney to handle the intricacies involved in starting a DBA. The majority of attorneys handling, how to start an llc in Florida offer a free consultation to potential business owners. During this consultation, an attorney will go through all of the required documents and information to determine if the business is properly setup to meet all of the state requirements.
Once the paperwork has been processed and a formal start up letter has been drafted, how to start an llc in Florida can move forward. The business owners will then begin to search for a Florida Limited Liability Company status. A business must maintain the minimal assets it owns, as well as any additional equipment or property that it owns. In order to be granted the proper classification as a DBA, business owners will need to file an application with the ACC. The application can be obtained online from the ACC's website. Business owners should also be aware that any questions they may have regarding their business can be resolved at this time as well.
As a conclusion, anyone looking to how to start an llc in Florida would be wise to begin the process by using the services of an attorney. It is always better to be safe than sorry. Additionally, the vast majority of businesses that open themselves up and become successful are established in the state of Florida. As long as the legal framework is in place for a business to obtain Florida limited liability company status, there should be no reason that the business owner would not be successful.
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