Annual Report Filing Due Dates by State and Entity Type | 2024

March 8, 2022 Spiegel & Utrera, P.A.

Annual Report Filing for Corporations, LLCs, and Partnerships – 2023

Scroll down for a full list of Annual Report Filing Deadlines by State and Type of Business Entity or click here to file your annual report now.

annual-report-filing

What is an Annual Report Filing?

An annual report filing is a process of updating your company records with state authorities on a yearly or biennial basis. Business entities such as corporations, LLCs, and partnerships must submit an annual report in every state that they are registered to do business. Failing to file annual reports with the secretary of state’s business division may lead to late fees and penalties, the loss of ‘good standing’ and active status, and consequent administrative dissolution of your entity and business name. Depending on the type of entity and state of formation, incorporation, or qualification—you may have to pay an annual report filing fee with different deadlines to submit your paperwork, online or by mail. An annual report filing, like incorporation, is a legal procedure done best with the help of business formation attorneys. Let the professionals at Spiegel & Utrera, P.A. perform your annual report filings in every state required accurately and on time.

Annual Report Filing Requirements

Requirements for business annual report filings vary per state and entity but may include:

Filing in every state that you formed, incorporated or qualified your business entity.
Updating basic business information such as the name, principal office address, registered agent info, and details regarding all directors, officers, managers, or members.
Providing financial information.
Restatement of the company’s mission, values, or objectives.
Annual report filing fee.
State-specific filing requirements and deadlines.

FILE YOUR ANNUAL REPORT TODAY! SUBMIT YOUR DETAILS BELOW

* Please give our attorneys up to 4 business hours to call your phone. Thank you.

Importance of Annual Reports

Annual report filings are necessary to maintain good standing with the state and prevent corporate dissolution but may also be essential in several business matters:

Clients seeking a stable supplier may look into your company’s annual reports to verify good standing and active status.
Investors may read through your annual report filings to determine whether or not to invest in your business.
Employees may look into your annual reports to forecast the security of employment by your business.

What does an annual report filing include?

The contents within an annual report filing vary per state and type of business entity but commonly include the following pieces of information:

Entity Name
Type of Entity
State of Formation or Incorporation
Year of Formation or Incorporation
Federal Employer Identification Number
Principal Place of Business Address
Mailing Address
E-Mail Address
Registered Agent Information
Officers and Directors or Members and Managers

Annual Report Due Dates by State

Annual report filing due dates for each state and type of business entity are outlined below. If you can’t find the information you were looking for or if you have any questions, please feel free to call our office during regular business hours at (800) 603-3900 or submit your details on the Immediate Assistance Form.

California Annual Report Filings

CORPORATION
Filing:	Deadline:
Corporation Franchise Tax	Due the 15th day of the 3rd month for the previous year’s tax year, or March 15th for calendar year filing.
Initial Statement of Information	Within 90 days after filing the Articles of Incorporation.
Annual Statement of Information	Annually by the last day of the anniversary month of the initial formation date.
LLC
Filing:	Deadline:
LLC Franchise Tax Return	First annual tax payment is due on the 15th day of the 4th month after the filing date. Each year’s subsequent filing is due on the 15th day of the 4th month of the end of the tax year, or April 15th for calendar year filing.
Initial Statement of Information	Within 90 days after filing the Articles of Organization.
LLC Biennial Report	Due every other year by the last day of the anniversary month of the initial formation date.
Partnership
Filing:	Deadline:
Annual Report	Not required.

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Delaware Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Reports/Franchise Tax	For profit Corporate Franchise Taxes and Annual Reports are due no later than March 1st of each year. Non-profit Corporations must file annual reports by March 1. Foreign Corporations are required to file an Annual Report on or before June 30th.
Corporation Tax Return	Must be filed by April 1st for fiscal year filings, or before the first day of the fourth month following the close of the taxable year.
LLC
Filing:	Deadline:
Annual Reports/Franchise Tax	Delaware LLC’s must file an annual report by June 1st each year. Limited Partnerships, Limited Liability Companies and General Partnerships formed in the State of Delaware do not file an Annual Report but they are required to pay an annual tax. Taxes are due on or before June 1st of each year.
LLC (single-member) Tax Returns	Delaware treats a single-member LLC as a “disregarded entity” for tax purposes. This means that the single member LLC does not have to file a return with the State of Delaware. As the sole member of your LLC, you must report all profits (or losses) of the LLC on Schedule C IRS Form 1040 and submit it with your Delaware personal income tax return.
Partnership
Filing:	Deadline:
Annual Report	Annually by June 1. The first report is due in the calendar year following initial registration.

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Florida Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	All businesses are required to file a Uniform Business Report. Annual Reports are due January 1st and become delinquent if not filed by May 1st.
LLC
Filing:	Deadline:
Annual Report	All businesses are required to file a Uniform Business Report. Annual Reports are due January 1st and become delinquent if not filed by May 1st.
Partnership
Filing:	Deadline:
Annual Report	Annually by May 1.

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Illinois Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Reports	An annual report form must be filed each year by the first day of the anniversary month of incorporating.
LLC
Filing:	Deadline:
Annual Reports	An annual report form must be filed each year by the first day of the anniversary month of incorporating.
Partnership
Filing:	Deadline:
Annual Reports	Annually by the end of the month prior to the registration anniversary month. So if you formed or foreign-qualified on February 14th, then your annual report is due January 31.

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New Jersey Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Every corporation must file an annual report by the anniversary date of formation every year.
LLC
Filing:	Deadline:
Annual Report	Every LLC must file an annual report by the anniversary date of formation every year.
Partnership
Filing:	Deadline:
Annual Report	Annually by the end of the month prior to the registration anniversary month. If you incorporated or foreign-qualified on April 15, then your annual report is due every year by March 31.

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New York Annual Report Filings

CORPORATION
Filing:	Deadline:
Biennial Statements	Biennial Statements are forwarded to the corporations registered agent every two years one month prior to its due date; which depends on the entities initial formation date.
LLC
Filing:	Deadline:
Biennial Statements	Biennial Statements are forwarded to the LLC’s registered agent every two years one month prior to its due date; which depends on the entities initial formation date.
Partnership
Filing:	Deadline:
Annual Report	Every 5 years by the anniversary of initial registration.

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Nevada Annual Report Filings

CORPORATION
Filing:	Deadline:
Initial List Of Officers & Business License	The Initial List of Officers must be in possession of the Secretary of State on or before the last day of the first month following the initial business registration date. Example: If the business was registered January 1, then the initial list is due by the last day of February. The initial list must be submitted within the time required or the corporation will be delinquent and ultimately revoked. The State Business License must be renewed annually unless the corporation is exempt.
LLC
Filing:	Deadline:
Initial List of Members & Managers & Business License	The Initial List of Members and Managers must be in possession of the Secretary of State on or before the last day of the first month following the initial business registration date. Example: If the business was registered January 1, then the initial list is due by the last day of February. The initial list must be submitted within the time required or the LLC will be delinquent and ultimately revoked. The State Business License must be renewed annually unless the LLC is exempt.
Partnership
Filing:	Deadline:
Annual Report	File an annual report by the end of your registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 31.

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Georgia Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by April 1. Can be filed as early as January 1.
LLC
Filing:	Deadline:
Annual Report	Annually by April 1. Can be filed as early as January 1.
Partnership
Filing:	Deadline:
Annual Report	Annually by April 1. Can be filed as early as January 1.

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Arizona Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by anniversary of formation or registration. You can start filing 3 months prior.
LLC
Filing:	Deadline:
Annual Report	Not required.
Partnership
Filing:	Deadline:
Annual Report	Not required.

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Alabama Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Not required.
LLC
Filing:	Deadline:
Annual Report	Not required.
Partnership
Filing:	Deadline:
Annual Report	Annually by March 15.

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Alaska Annual Report Filings

CORPORATION
Filing:	Deadline:
Biennial Report	January 2nd. If you initially filed/registered in an even numbered year the Biennial Report will be due in January of every even numbered year. If you initially filed in an odd numbered year the Biennial Report will be due in January of every odd numbered year. You can start filing 3 months prior.
LLC
Filing:	Deadline:
Biennial Report	January 2nd. If you initially filed/registered in an even numbered year the Biennial Report will be due in January of every even numbered year. If you initially filed in an odd numbered year the Biennial Report will be due in January of every odd numbered year. You can start filing 3 months prior.
Partnership
Filing:	Deadline:
Biennial Report	January 2nd. If you initially filed/registered in an even numbered year the Biennial Report will be due in January of every even numbered year. If you initially filed in an odd numbered year the Biennial Report will be due in January of every odd numbered year. You can start filing 3 months prior.

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Arkansas Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by May 1.
LLC
Filing:	Deadline:
Annual Report	Annually by May 1.
Partnership
Filing:	Deadline:
Annual Report	Annually by May 1. May be filed as early as January 1.

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Colorado Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by the end of the month of initial registration.
LLC
Filing:	Deadline:
Annual Report	Annually by the end of the month of initial registration.
Partnership
Filing:	Deadline:
Annual Report	Annually by the end of the month of initial registration.

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Connecticut Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by the registration anniversary date.
LLC
Filing:	Deadline:
Annual Report	Annually by March 31.
Partnership
Filing:	Deadline:
Annual Report	Annually by the registration anniversary date.

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Hawaii Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annual reports must be filed during the quarter that contains the registration anniversary date. For example, if you registered on February 14th, then you must file your annual report between January 1 and March 31. The due dates are March 31, June 30, September 30, and December 31.
LLC
Filing:	Deadline:
Annual Report	Annual reports must be filed during the quarter that contains the registration anniversary date. For example, if you registered on February 14th, then you must file your annual report between January 1 and March 31. The due dates are March 31, June 30, September 30, and December 31.
Partnership
Filing:	Deadline:
Annual Report	Annual reports must be filed during the quarter that contains the registration anniversary date. For example, if you registered on February 14th, then you must file your annual report between January 1 and March 31. The due dates are March 31, June 30, September 30, and December 31.

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Idaho Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by the last day of registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due by March 31.
LLC
Filing:	Deadline:
Annual Report	Annually by the last day of registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due by March 31.
Partnership
Filing:	Deadline:
Annual Report	Annually by the last day of registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due by March 31.

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Indiana Annual Report Filings

CORPORATION
Filing:	Deadline:
Biennial Report	Biennially by the end of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every two years by March 31.
LLC
Filing:	Deadline:
Biennial Report	Biennially by the end of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every two years by March 31.
Partnership
Filing:	Deadline:
Biennial Report	Biennially by the end of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every two years by March 31.

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Iowa Annual Report Filings

CORPORATION
Filing:	Deadline:
Biennial Report	By April 1 of even-numbered years.
LLC
Filing:	Deadline:
Biennial Report	By April 1 of odd-numbered years.
Partnership
Filing:	Deadline:
Biennial Report	By April 1 of odd-numbered years.

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Kansas Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by the 15th day of the 4th month after the close of your fiscal year, usually April 15th. May be filed as early as January 1. The first annual report is not due until the calendar year following the year of initial registration.
LLC
Filing:	Deadline:
Annual Report	Annually by the 15th day of the 4th month after the close of your fiscal year, usually April 15th. May be filed as early as January 1. The first annual report is not due until the calendar year following the year of initial registration.
Partnership
Filing:	Deadline:
Annual Report	Annually by the 15th day of the 4th month after the close of your fiscal year, usually April 15th. May be filed as early as January 1. The first annual report is not due until the calendar year following the year of initial registration.

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Kentucky Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by June 30.
LLC
Filing:	Deadline:
Annual Report	Annually by June 30.
Partnership
Filing:	Deadline:
Annual Report	Annually by June 30.

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Louisiana Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	File an annual report every year by your registration anniversary. So if you incorporated on February 14th, then your annual report is due by February 14th.
LLC
Filing:	Deadline:
Annual Report	File an annual report every year by your registration anniversary. So if you incorporated on February 14th, then your annual report is due by February 14th.
Partnership
Filing:	Deadline:
Annual Report	Annually by the registration anniversary date.

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Maine Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by June 1.
LLC
Filing:	Deadline:
Annual Report	Annually by June 1.
Partnership
Filing:	Deadline:
Annual Report	Annually by June 1.

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Maryland Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by April 15.
LLC
Filing:	Deadline:
Annual Report	Annually by April 15.
Partnership
Filing:	Deadline:
Annual Report	Annually by April 15.

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Massachusetts Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually within 2.5 months after the close of the organization’s fiscal year.
LLC
Filing:	Deadline:
Annual Report	The annual report is due by your formation or foreign qualification anniversary date. So if you formed on February 14th, then your annual report is due by February 14th.
Partnership
Filing:	Deadline:
Annual Report	The annual report is due by your formation or foreign qualification anniversary date. So if you formed on February 14th, then your annual report is due by February 14th.

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Michigan Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by May 15.
LLC
Filing:	Deadline:
Annual Report	Annually by February 15. If you registered after September 30, then you may skip the first year.
Partnership
Filing:	Deadline:
Annual Report	Annually by the date of registration.

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Minnesota Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by December 31.
LLC
Filing:	Deadline:
Annual Report	Annually by December 31.
Partnership
Filing:	Deadline:
Annual Report	Annually by December 31.

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Mississippi Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by April 15.
LLC
Filing:	Deadline:
Annual Report	Annually by April 15.
Partnership
Filing:	Deadline:
Annual Report	Not required.

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Missouri Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by the end of the 3rd month following the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due by June 30. Corporations that registered prior to July 1, 2003 instead file annually at the end of the month indicated on their last annual report.
LLC
Filing:	Deadline:
Annual Report	Not required.
Partnership
Filing:	Deadline:
Annual Report	Not required.

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Montana Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by April 15.
LLC
Filing:	Deadline:
Annual Report	Annually by April 15.
Partnership
Filing:	Deadline:
Annual Report	Not required.

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Nebraska Annual Report Filings

CORPORATION
Filing:	Deadline:
Biennial Report	By March 1 of even-numbered years.
LLC
Filing:	Deadline:
Biennial Report	By April 1 of odd-numbered years.
Partnership
Filing:	Deadline:
Annual Report	Annually by April 1.

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New Hampshire Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by April 1.
LLC
Filing:	Deadline:
Annual Report	Annually by April 1.
Partnership
Filing:	Deadline:
Annual Report	Annually by April 1.

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New Mexico Annual Report Filings

CORPORATION
Filing:	Deadline:
Biennial Report	Biennially by the 15th day of the fourth month following the close of your fiscal year.
LLC
Filing:	Deadline:
Annual Report	Not required.
Partnership
Filing:	Deadline:
Annual Report	Not required.

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North Carolina Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annuallly by the 15th day of the 4th month following the fiscal year end. The first report is due in the calendar year following initial registration.
LLC
Filing:	Deadline:
Annual Report	Annually by April 15. The first report is due in the calendar year following initial registration.
Partnership
Filing:	Deadline:
Annual Report	Not required.

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North Dakota Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by August 1.
LLC
Filing:	Deadline:
Annual Report	Annually by November 15.
Partnership
Filing:	Deadline:
Annual Report	Not required.

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Ohio Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Not required.
LLC
Filing:	Deadline:
Annual Report	Not required.
Partnership
Filing:	Deadline:
Annual Report	By July 1 of odd-numbered years.

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Oklahoma Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Not required.
LLC
Filing:	Deadline:
Annual Report	Annually by the anniversary of the registration date.
Partnership
Filing:	Deadline:
Annual Report	Annually by the anniversary of the registration date.

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Oregon Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by your registration anniversary day. So if you incorporated on March 15th, then your annual report is due every year by March 15th. You may start filing 45 days prior.
LLC
Filing:	Deadline:
Annual Report	Annually by your registration anniversary day. So if you registered on March 15th, then your annual report is due every year by March 15th. You may start filing 45 days prior.
Partnership
Filing:	Deadline:
Annual Report	Annually by your registration anniversary day. So if you registered on March 15th, then your annual report is due every year by March 15th. You may start filing 45 days prior.

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Pennsylvania Annual Report Filings

CORPORATION
Filing:	Deadline:
Decennial Report	Decennial reports are due every ten years during years ending with the numeral “1” (2021, 2031, etc.). Reports must be filed by December 31 of decennial report years.
LLC
Filing:	Deadline:
Decennial Report	Decennial reports are due every ten years during years ending with the numeral “1” (2021, 2031, etc.). Reports must be filed by December 31 of decennial report years.
Partnership
Filing:	Deadline:
Decennial Report	Decennial reports are due every ten years during years ending with the numeral “1” (2021, 2031, etc.). Reports must be filed by December 31 of decennial report years.

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Rhode Island Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by May 1. You can start filing on February 1.
LLC
Filing:	Deadline:
Annual Report	Annually by May 1. You can start filing on February 1.
Partnership
Filing:	Deadline:
Annual Report	Annually by the registration anniversary date.

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South Carolina Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Not required.
LLC
Filing:	Deadline:
Annual Report	Not required.
Partnership
Filing:	Deadline:
Annual Report	By the anniversary of registration for the first renewal and by the previous year’s renewal date for each additional year.

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South Dakota Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	By the first day of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 1.
LLC
Filing:	Deadline:
Annual Report	By the first day of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 1.
Partnership
Filing:	Deadline:
Annual Report	Not required.

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Tennessee Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	By the 1st day of the 4th month after the close of your fiscal year. Usually your fiscal year ends on December 31 and so your annual report is due April 1.
LLC
Filing:	Deadline:
Annual Report	By the 1st day of the 4th month after the close of your fiscal year. Usually your fiscal year ends on December 31 and so your annual report is due April 1.
Partnership
Filing:	Deadline:
Annual Report	By the 1st day of the 4th month after the close of your fiscal year. Usually your fiscal year ends on December 31 and so your annual report is due April 1.

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Texas Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by May 15 in the year following your first filing in Texas. For example, if your organization was incorporated in April of 2016, then your report would be due May 15, 2017.
LLC
Filing:	Deadline:
Annual Report	Annually by May 15 in the year following your first filing in Texas. For example, if your organization was incorporated in April of 2016, then your report would be due May 15, 2017.
Partnership
Filing:	Deadline:
Annual Report	Annually by May 15 in the year following your first filing in Texas. For example, if your organization was incorporated in April of 2016, then your report would be due May 15, 2017.

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Utah Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by the end of the month of initial registration. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 31. You can start filing 60 days prior.
LLC
Filing:	Deadline:
Annual Report	Annually by the end of the month of initial registration. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 31. You can start filing 60 days prior.
Partnership
Filing:	Deadline:
Annual Report	Annually by the end of the month of initial registration. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 31. You can start filing 60 days prior.

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Vermont Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually within two and a half months after the end of your fiscal year. The typical due date is March 15th.
LLC
Filing:	Deadline:
Annual Report	Annually within three months after the end of your fiscal year. The typical due date is March 31.
Partnership
Filing:	Deadline:
Annual Report	Annually by April 1. The first report is due in the calendar year following registration.

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Virginia Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	By the end of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 31.
LLC
Filing:	Deadline:
Annual Report	By the end of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 31.
Partnership
Filing:	Deadline:
Annual Report	Annually by September 30.

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Washington Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	By the end of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 31. You may start filing 45 days prior.
LLC
Filing:	Deadline:
Annual Report	By the end of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 31. You may start filing 45 days prior.
Partnership
Filing:	Deadline:
Annual Report	By the end of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 31. You may start filing 45 days prior.

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Washington DC Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Your first report is due April 1 in the calendar year after registration. After the first filing, reports are due biennially by April 1.
LLC
Filing:	Deadline:
Annual Report	Your first report is due April 1 in the calendar year after registration. After the first filing, reports are due biennially by April 1.
Partnership
Filing:	Deadline:
Annual Report	Your first report is due April 1 in the calendar year after registration. After the first filing, reports are due biennially by April 1.

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West Virginia Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by July 1.
LLC
Filing:	Deadline:
Annual Report	Annually by July 1.
Partnership
Filing:	Deadline:
Annual Report	Annually by July 1.

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Wisconsin Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by the end of the registration anniversary quarter. So if you incorporated or foreign-qualified on February 15, then your annual report is due every year by the end of the first quarter on March 31. The due dates are March 31, June 30, September 30, and December 31.
LLC
Filing:	Deadline:
Annual Report	Annually by the end of the registration anniversary quarter. So if you incorporated or foreign-qualified on February 15, then your annual report is due every year by the end of the first quarter on March 31. The due dates are March 31, June 30, September 30, and December 31.
Partnership
Filing:	Deadline:
Annual Report	Not required.

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Wyoming Annual Report Filings

CORPORATION
Filing:	Deadline:
Annual Report	Annually by the first day of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 1.
LLC
Filing:	Deadline:
Annual Report	Annually by the first day of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 1.
Partnership
Filing:	Deadline:
Annual Report	Annually by the first day of the registration anniversary month. So if you incorporated or foreign-qualified on March 15, then your annual report is due every year by March 1.

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Easily Dissolve a Corporation in the United States

January 25, 2022 Spiegel & Utrera, P.A.

how-to-dissolve-your-corporation

How To Close a Corporation Without Legal Issues

Do you need to close and dissolve a corporation? Then let’s go over everything you need to know to get started and prevent the common mistakes entrepreneurs make when dissolving a corporation.

When starting a corporation, filing the articles of incorporation is required. Conversely, to dissolve a corporation, we must file the certificate of dissolution. Both are legal documents that the secretary of state advises you to review through an attorney since they cannot provide the legal advice you may need to avoid complications throughout the process. Many entrepreneurs erroneously dissolve a corporation by ceasing all business actions without formal dissolution, but this bears the risk of potential lawsuits and liabilities.

While your corporation exists, the state demands that you meet all legal obligations for complete dissolution. While in good standing, corporations may have perpetual existence until formally dissolved. If inactive while in good standing with the state, the corporation may garner fees or be administratively dissolved by the government, inheriting respective debts and penalties. Business attorneys can efficiently guide you through each step of dissolving your corporation and help you avoid legal issues and delays.

SUBMIT DETAILS AND GET OUR ATTORNEYS TO CALL YOU

* Please give our attorneys up to 4 business hours to call your phone. Thank you.

Typically, the bylaws of your corporation describe the process of dissolution. If you incorporate a new entity with us, our incorporation service includes your corporate bylaws along with your articles of incorporation and many other legal documents affordably prepared and completed specifically for your business. Financial, tax, and business matters require closure before the process of corporate dissolution is complete. It’s never part of the business plan to ultimately dissolve a corporation. Unfortunately, some events, difficulties, and failures can be impossible to forecast and may force you to file the certificate of dissolution. You may have to continue paying corporate taxes or file annual reports if you fail to dissolve your corporation.

Many factors influence the time and difficulty of dissolving a corporation, such as the entity size, debts, assets, tax situation, the industry, and state requirements. Where needed, we’ll bring all required corporate and legal documents to completion and ensure all of your bases are covered. Based on each state’s requirements, Spiegel & Utrera, P.A. will prepare any necessary records such as the notice and minutes for your annual meetings.

Call us for a free consultation with our business law attorneys at (800) 603-3900.

certificate-of-dissolution

Dissolve a Corporation

There’s a roadmap for dissolving a corporation, including fulfillment of several financial, business, and legal matters. Corporate dissolution requirements vary per state though may generally require the following actions:

Get Directors and Shareholders to Vote for Corporate Dissolution

One of the major steps in dissolving your corporation is to record the minutes of a board meeting with your corporate directors and vote on dissolution. Some states require that the majority of directors and shareholders vote for dissolving the corporation, though the exact number needed varies per state.

With most state governments, if two-thirds of directors and shareholders don’t vote for dissolving the corporation, you may not be able to complete the certificate of dissolution process. At this stage, you should have a plan for distributing assets and satisfying financial obligations with your shareholders. Corporate bylaws dictate the adopted procedure of dissolving a corporation—making it important to have a business lawyer complete the bylaws along with your articles when incorporating.

Notify the IRS and Get Tax Clearance to Dissolve Your Corporation

States also need you to obtain tax clearance from the IRS before filing the certificate of dissolution. The IRS may demand a corporation to file a final annual tax return for the year of dissolution, along with any other required tax forms. If you have pending taxes and dissolve your corporation without transferring assets, the IRS could seize those assets to pay off the rest of your tax debt.

Close Corporate Accounts and Cancel Business Licenses

Dissolving a corporation includes closing all bank accounts, ending contracts, collecting final payments, meeting commitments with employees, withdrawing leases, notifying vendors, and possibly terminating any permits or licenses in the state attributed to your business. It may be necessary to notify your creditors and resolve outstanding claims prior to a filing of the certificate of dissolution.

File a Certificate of Dissolution with the Secretary of State

Once you have checked off the prerequisites, you must file the certificate of dissolution in your domestic state of incorporation, along with any foreign state you hold a qualification to transact business. You may be responsible for annual reports and fees in each state for the year in which you dissolved your corporation.

Contact Spiegel & Utrera, P.A. for a free consultation and guidance through the process of dissolving a corporation. Call (800) 603-3900 or fill out our immediate assistance form above.

Corporate Kits and LLC Kits | $29.95 | Includes Free Legal Advice

November 5, 2021 Spiegel & Utrera, P.A.

Corporate Kit

What is a Corporate Kit? A Corporate Kit is a compilation of a business’ most important records. Corporate Kits typically come as binders, making it easy for a business to stay organized by storing all essential company records in one place. Local, state, and federal authorities, among attorneys and accountants, may need to see your Corporate Kit in the event of any proceedings or transactions. Corporate Kits aren’t expensive and can serve the purpose of helping you avoid fines, penalties, legal action against you, and losses such as that of your business license.

Click Here to Order Your Customized Corporate Kit – $29.95

‣ Order by Phone at (800) 603-3900 from 8:30am – 5:30pm EST.

Bonus! Purchasing a fully customized Corporate Kit from us for $29.95 rewards you a Free 30-DAY Trial to our General Counsel Club – That’s 30 days of Unlimited Legal Advice.

SUBMIT DETAILS AND GET OUR ATTORNEYS TO CALL YOU

* Please give our attorneys up to 4 business hours to call your phone. Thank you.

What’s inside a Corporate Kit?

The contents of the Corporate Kit are documents that meet the legal requirements for your business. Corporate kits also comprise records that are critical when dealing with matters like court proceedings, raising capital, contracts, taxes, and accounting, transferring ownership, as well as the rules and policies of your business. The corporate kit includes:

Articles of Incorporation

The articles of incorporation in are a legal document in the Corporate Kit that solidifies the existence of a business entity within a state. Along with corporate bylaws, the articles of incorporation outline the jurisdiction of a corporation, as granted by the state government. The Articles of Incorporation typically include the name of your corporation, its purpose, the type of business it is, the address for the physical location and the address for where the mail will go (registered agent), the number of shares or members, and the bylaws of the business.

Corporate Seal and Book

The Corporate Seal is the signature of your business as a separate legal entity. The seal in a Corporate Kit is used to produce an imprint on official paperwork like legal documents and contracts; leases and agreements, employment and vendor contracts, loan documents, minutes, operating agreements, and other company records. The Corporate Seal may also be used to authorize and legitimize stock or membership certificates. Having one makes your business stand out as more professional to any possible investors.

Company Minutes

Corporate Minutes is the term used for the notes that a secretary records in and of the meetings held by the board of directors, owners, members, officers, or shareholders. A secretary or assigned person will write a record of every decision, outcome, or resolution discussed in that meeting as “minutes” and collect them in the Corporate Kit. The corporate minutes may be required in significant business matters such as IRS audits, raising capital or borrowing money, by an accountant to prepare taxes, or by an attorney in court proceedings—among many other matters.

Corporate Bylaws

Corporate Bylaws in a Corporate Kit dictate the set rules of a corporation. Every business requires rules and guidelines in which to operate, regardless of type; LLC, Corporations, Non-profits, Partnerships. Business entities have coinciding titles for Bylaws; Partnerships have what is called a partnership agreement, LLC’s write an operating agreement, but the constituents are similar to that of corporate Bylaws. Bylaws are a complicated legal document and not something you should try to do yourself if you aren’t well-versed in its many legal complexities and implications.

Membership or Stock Certificate

A stock certificate is a legal document declaring that you own shares of stock within a corporation. A stock certificate certifies that you are the registered owner of a certain number of shares or a percentage of the company, transferable only by you, and organized under the laws of the state. Corporate Kit stock certificates are usually created with complex art designs to keep them from counterfeit reproduction. It includes your name, business name, identification number, the number of shares or percentage of ownership, the corporate seal, and signatures from authorities such as the president or treasurer.

Preliminary Name Search – LLC or Corporation

The name of a business must abide by all state requirements and be uniquely distinguishable from other business names. If you use a name that is too similar to a name used by your competition, that business may accuse you of a trademark violation; you might be forced to choose a different name and may even have to pay monetary damages. Part of our complete Corporate Kit includes, at no additional cost, our attorneys performing a preliminary name search and helping you find and choose a name that avoids any possible legal penalties.

Corporate Kits for LLC’s, Corporations, and Non-Profits

There are different Corporate Kits to choose from for each type of business entity, such as LLC’s, Corporations, and Non-Profit Corporations.

For-Profit Corporation Records Book & Seal Kit includes:

Completed Corporate Records Book and Seal
Slip Case Cover
Corporate Organizational Minutes and Resolutions
Corporate By-Laws
Corporate Ownership Register
Banking Resolution
Stock Certificates

Limited Liability Company Records Book & Seal Kit includes:

Completed Company Records Book and Seal
Slip Case Cover
Company Organizational Resolutions and Minutes
Company Regulations
Company Ownership Register
Company Banking Resolution
Company Membership Certificate

Non-Profit Corporation Records Book & Seal Kit includes:

Completed Corporate Records Book and Seal
Slip Case Cover
Corporate Organizational Minutes and Resolutions
Corporate By Laws
Stock Certificate

The Importance of a Corporate Kit

The Kit holds great importance for a variety of business and legal matters, including:

Licenses

Since many licensing authorities require company documents over time, the Corporate Kit is essential to substantiate the information.

IRS Audits

The Corporate Kit is the most complete business record-keeping tool one can have. Should an audit occur, its contents will likely be required. There are situations where the IRS and state taxing authorities may want to review your Corporate Kit.

Borrowing Money

Banks and creditors perform strict due diligence to qualify a business before lending money. They may ask to review components of your Corporate Kit to satisfy their requirements.

Investors

Many investors might want to view documents within your Corporate Kit before they invest in your company. If you cannot provide this, they may be less willing. Having a professional and organized corporate kit with book and seal, stock certificates, minutes, and other material will give investors the transparency they want to make them feel good about the deal.

Need help starting a LLC or Corporation?

Forming a company with an experienced law firm rather than a non-lawyer agency or by yourself can help you avoid negative business, tax, and legal implications and penalties within your jurisdiction.
We’ll make sure you incorporate with the best tax rates and corporate structure for your particular venture, using our 175 years of cumulative experience with over 260,000 clients.
Forming a Corporation with us provides you with free legal advice and a complete corporate kit with a 110% lowest price guarantee. If you were to do it yourself or through a non-lawyer agency, you won’t receive the important legal advice you need and the complete corporate kit that S Corporations should have to ensure a safe and successful start.

Have any legal or business questions or concerns? We have an answer at (800) 603-3900

Spiegel & Utrera, P.A.

Weekdays from 8:30am to 5:30pm
Unlimited Legal Advice: $139.95 Per Year
Form an LLC or Incorporate

Each Corporation or Limited Liability Company is COMPLETE

INCLUDES “Includes State Filing Fee”
INCLUDES Seal and Book
INCLUDES Formation Articles/Certificate
INCLUDES Company or Corporate Minutes
INCLUDES Corporate or LLC Regulations
INCLUDES Ownership Register
INCLUDES Banking Resolution
INCLUDES Membership or Stock Certificate
INCLUDES Preliminary Name Search
INCLUDES 110% Lowest Price Guarantee!

Yes, even INCLUDES Attorney’s Fee (No Hidden Attorney Fees).

What’s the secret to such great prices?

ORDER ONLINE NOW!

Betina Senat

★★★★★

They assisted us with our LLC and are non profit. Very patient and very knowledgeable. Always available when you need them for assistance and advice.

Incorporate in Florida | A Lawyer’s Comprehensive Guide to Incorporation

August 9, 2019 Spiegel & Utrera, P.A.

INCORPORATE IN FLORIDA

Entrepreneurs seeking to incorporate in Florida have several options that get the job done but can get narrowed down into two categories—lawyer agencies and non-lawyer agencies. The issue of incorporating in Florida with non-lawyer agencies is that you are organizing a legal entity, and those services can’t give you the legal advice that you will eventually need (preferably sooner than later) to avoid losses, save you money now and in the long-run, and put you in an advantageous position to protect yourself, your business, and your assets.

We’ve designed an incorporation program unmatched by any other in the country. Our mission is to provide an entrepreneur with everything they need when they incorporate in Florida; custom articles of incorporation with special provisions that will give you the upper hand while protecting your business, a complete corporate kit with a seal and book, bylaws, minutes, stock certificates, and more—and the legal advice that will give you awareness on what it is you can and can’t do, what business licenses you need, and where the pitfalls are in your jurisdiction. Our goal is to do this for a price lower than our competitors, and in the future continue to provide support for your business when you need to start, expand, buy, sell a business, or need legal representation!

How to Incorporate
Incorporate a Business
Why Incorporate in Florida
Cost to Incorporate in Florida
Corporate Records Book and Seal
Asset Protection
Buy a Corporation
Expand a Corporation
Sell a Corporation
Merge Corporations
Get a Fictitious Name
Tax Advantages
Relevant Issues

HOW TO INCORPORATE IN FLORIDA

There are several options available for entrepreneurs researching how to incorporate in Florida, but not all are equal in value and benefits or advice:

INCORPORATING BY YOURSELF

First-time entrepreneurs might find it tempting to register their entity themselves (we don’t recommend this!). Incorporating in Florida by yourself places the responsibility on you to form a legal entity. Additionally, only a lawyer will be able to advise you of the best legal structure and provisions to have in your articles of incorporation or organization. Others will try to cut corners by hiring a non-lawyer agency to prepare this legal formation. Many agencies will charge significantly more than our service. Entrepreneurs get notably more for a better price by incorporating with Spiegel & Utrera, P.A. at AmeriLawyer.com. Spiegel & Utrera, P.A. also offers free legal, business, credit, and tax advice with 110% lowest price guarantee when you incorporate.

✗ No Legal Advice

✗ No Corporate Kit

✗ No Stock Certificates

✗ No By-Laws

INCORPORATING WITH A NON-LAWYER AGENCY

Incorporating in Florida with a non-lawyer agency or service may help you file paperwork to start the incorporation process. The reason we don’t recommend this is that for a lower cost, at Spiegel & Utrera, P.A. you can have attorneys on your side giving you free legal and business advice and customizing your corporate kit records book and seal based on our 175 years of cumulative experience with over 243,000 clients—giving you an outstanding advantage over your competitors.

✗ No Legal Advice

✗ No Corporate Kit

✗ No Stock Certificates

✗ No By-Laws

ORDER NOW – $99.95

INCORPORATING WITH SPIEGEL AND UTRERA, P.A.

Incorporating in Florida with Spiegel & Utrera, P.A. equips you with a unique bundle that blows other incorporation services away from comparing in value, quality, and cost. First, we provide fully-custom articles of incorporation with a complete corporate kit that includes corporate records book and seal, bylaws, minutes, ownership register, preliminary name search, banking resolution, and stock certificates. As part of our complete incorporation package, the attorneys at Spiegel & Utrera, P.A. provide each of our clients with legal, business, credit, and tax advice based on the needs and implications of their business. We also ensure that you can’t get a better deal anywhere else by backing our service with a 110% Lowest Price Guarantee.

✓ Includes State Filing Fee

✓ Articles of Incorporation

✓ Legal and Business Advice

✓ Stock Certificates

✓ Corporate Seal

✓ Corporate By-Laws

✓ Corporate Minutes

✓ Corporate Records Book

INCORPORATE A BUSINESS IN FLORIDA

There are several legal entities to choose from when preparing to incorporate a business in Florida. We’ll give you the nuts and bolts of each one to get you started on making an educated decision of which corporation is appropriate for your needs in incorporating your business in Florida. Call our office at (800) 603-3900 for a free attorney consultation.

C-Corporation

C-Corporations are the standard corporations—providing you with limited liability, asset protection, business tax deductions, and privacy among other business and legal advantages. A primary factor that may deter small business owners from starting a C-Corporation is its requirement of having to file both a personal and business income tax return. Double taxation is a disadvantage for many—but it ultimately depends on the multiple factors surrounding your business. When choosing a C-Corporation to incorporate a business in Florida, another point to consider are the higher maintenance costs due to annual state reports and fees. Give us a call for a free consultation if you’re on the fence about whether or not to start a C-Corporation and our lawyers will point you in the right direction.

IC-DISC Corporation

An IC-DISC stands for an Interest Charge-Domestic International Sales Corporation. This type of corporation is entitled to tax advantages for businesses that involve U.S. manufacturing of goods for export. Even though an IC-DISC pays no U.S. income taxes, it still has to file an annual U.S. income tax return. The permanent tax savings for U.S. exporters and their shareholders can be as high as 20 percent. Please note that you do need legal advice regarding the process of forming an IC-DISC—including the preparation of by-laws and corporate books and records.

S-Corporation

An attractive form of doing business is starting an S-Corporation to incorporate in Florida—mixing the legal and business advantages of a C-Corporation with the benefit of being taxed solely once on the owner’s individual income tax return, like a partnership. Pass-through tax treatment means the profits and losses of the Corporation flow directly to the owners, letting an S-Corporation avoid the double taxation of a C-Corporation. For other purposes, such as business tax deductions, liability and asset protection, the S-Corporation functions similarly to a C-Corporation.

Non-Profit Corporation

Forming a Non-Profit to incorporate in Florida will result in a corporate entity that has no equity owners that hold shares of stock. Also, the Corporate income is not distributable to any of its members, directors, or officers. Don’t let this fool you though; a non-profit can still be a profitable option. We recommend that you also apply for a 501-C3 tax exemption; unique tax deductions and the ability to receive grants and loans for your organization towards labor and equipment costs.

Limited Liability Company (LLC)

As the name suggests, an LLC gives the owners (known as members) liability protection against claims and creditors. If the LLC has one member, it may be taxed only once on the individual member’s income tax return (like an S-Corp or Sole Proprietorship); if the LLC has multiple members, it may be subject to double taxation (like a C-Corporation). An LLC is a very versatile entity to do business with, and utilizing the proper strategy and structure can provide you with exceptional asset protection.

Professional Service Corporation

Licensed professionals seeking to render their services to the public can incorporate in Florida with a Professional Service Corporation—including doctors, accountants, architects, social workers, massage therapists, dieticians, interior designers, and personal trainers, to name a few. Owning shares of stock in a professional service corporation may only be possible for a licensed professional; clerks, bookkeepers, secretaries, technicians, and other assistants who aren’t licensed and are not rendering professional services may not be eligible. Tax benefits are a primary reason for starting a professional service corporation; tax deductions for health and accident insurance can get realized by forming a professional service corporation, and it may also deduct up to 80% of the dividends.

Submit contact details for immediate assistance:

* Please give our attorneys up to 4 business hours to contact you. Thank you.

WHY INCORPORATE IN FLORIDA

Entrepreneurs incorporate in Florida for several reasons, such as the State’s low filing fee. Many other States ask for a generous State filing fee to get started, among other requirements and limitations that Florida doesn’t have. Unlike some other States; incorporating in Florida doesn’t require a minimum amount of capital under your corporation, and won’t demand more than one director—making it easy to incorporate an S or C Corporation when you have limited resources and no one to include as a director of the corporation. Businesses that incorporate in Florida won’t cease to exist when the owner passes, making ownership easily transferrable to an heir or shareholder of the corporation. Also, a Florida Corporation may still get revived years after having been administratively dissolved, within a few days of applying for reinstatement and paying the state fees. A primary reason to Incorporate in Florida is its lack of State taxation, which other States like Georgia require on top of the federal income tax return.

COST TO INCORPORATE IN FLORIDA

When determining the cost to incorporate in Florida, we have to look beyond the initial filing of the corporation—and look at the long-term financial implications originating from your chosen method of incorporating and corporation type. Here are a few relevant factors to consider when evaluating the overall cost to incorporate in Florida:

Registered Agents
Registered Agents are a mandatory item in your articles of incorporation. The state requires you to have a point of contact to receive official documentation and service of process, and P.O. boxes don’t fulfill this requirement. If you need a registered agent, you will have to consider that cost when incorporating in Florida.
Legal Provisions
Does the business you’re starting benefit from special legal provisions in your articles of incorporation? If you’re incorporating in Florida by yourself or through a non-lawyer agency, the Articles of Incorporation may lack the provisions needed to protect yourself from future liabilities. One such provision would be an indemnification agreement, shielding you from burdens, losses, or damages—while ensuring suitable compensation for any losses or damages you accrue. The potential risks and costs of not having special provisions when you incorporate in Florida is a factor that should get considered when determining what the incorporation might cost you overall.
Mail-Forwarding Service
If you don’t have a physical location in Florida, you may need a mail-forwarding service with a physical location in the state. Registered agent services only forward official correspondence such as mail from state government and service of process, but are required. We can function as your physical address in Florida; efficiently processing and forwarding all mail and correspondence to you while meeting the need of having a physical location in the state.
Business License
Some businessmen and women don’t realize that they need a business license to operate when incorporating in Florida, which is another reason why doing it with a law firm over a non-lawyer agency is essential; a corporate attorney will know what business licenses you need and help you avoid any negative legal implications, which are typically inexpensive to prevent, and very costly to overcome.
Legal Agreements, Advice, and Representation
The term “better safe than sorry” fall on deaf ears for entrepreneurs that choose to take shortcuts, procrastinate, and stay ignorant to their need for legal support. Most if not all entrepreneurs benefit from the protection of legal documents such as partnership agreements, operating agreements, shareholder agreements, leases, asset purchase agreements, proposal and service agreements, indemnification agreements, employment agreements, and other complex contractual documentation.

INCORPORATE IN FLORIDA FOR ASSET PROTECTION

Creating a business entity, such as a corporation, protects the owner with limited liability from all debts and claims placed on the business and provides an entrepreneur the opportunities to segregate the business assets from the personal. Many states allow entrepreneurs to exempt particular assets from claims and creditors but may be subject to specific limitations, including a threshold for the value of an asset to qualify for protection.

Need an asset protection strategy? Our law firm has many years of experience successfully helping people protect themselves and their wealth using Corporate and Estate Planning Law synergistically. Broad knowledge and history in only one of these practice areas but not the other will result in a sub-optimal asset protection program. Call our office at (800) 603-3900 for a free consultation with our attorneys immediately. For more information and strategy, check out our asset protection page here.

FLORIDA INCORPORATION RECORDS BOOK AND SEAL

A corporate records book is a compilation of a Florida corporation’s most important documents and certificates—with the seal being a corporation’s signature as an imprint for official paperwork. Let’s go over the different contents of a corporate kit and why you should be aware of their importance before you incorporate in Florida:

Articles of Incorporation
The core item of a corporate records book is the Articles of Incorporation; a legal document attained when you incorporate in Florida, granting your business the legal entity status and existence as a corporation. The articles of incorporation contain all of the corporate and shareholder info, including any special and protective provisions you may want to add.
Corporate Minutes Book
The corporate minutes are the historical records of the meetings held by the corporation’s directors, shareholders, officers, or committees. An assigned person will keep records on every decision, outcome, or resolution discussed in that meeting and collect them into the corporate minutes’ book. The corporate minutes may get asked for in significant legal and business matters such as IRS audits, raising capital, accounting, and court proceedings—among others.
Corporate By-Laws
Corporate by-laws are the rules and regulations for the corporation. Every business requires guidelines in which to operate; by-laws direct those of authority in their duties to overlook and manage the corporation. By-laws will typically include a corporation’s purpose or mission, the officers’ titles, duties, requirements, and privileges—when, where, and how meetings will be held—shares and stock info, among corporate processes and procedures.
Stock Certificates
A Corporate records book also contain stock certificates, which are legal documents declaring that you own shares of stock within a corporation. Corporate stock certificates get designed with complicated art designs to keep them from being copied or counterfeit, and they typically include an ID number and signatures from corporate authorities.

ORDER NOW – $29.95

BUY AN EXISTING CORPORATION IN FLORIDA INSTEAD OF INCORPORATING

A good option for those that don’t have the time to incorporate, is to buy an existing Florida corporation—also known as a shelf corporation or “Reddi Corp.” Shelf Corporations are an excellent option for those that need a corporate entity in Florida immediately or one that’s existed for a long time. The name of any shelf corporation may be changed, and all current year Shelf Corps are guaranteed to be in good standing with the state. For a complete list of our shelf and aged corporations, visit our Reddi Corps page.

No Money? No problem. Purchase a Corporation with no money down using the Leveraged Buyout!

People buy property such as houses and apartment buildings all the time with no money down; so why not a business? The leveraged buyout consists of:

A long-term loan agreement to provide working capital.
A security agreement to give the lender confidence in the deal.

An asset purchase agreement for the acquired corporation’s accounts, intellectual property, inventory, and other assets.
A stock purchase agreement for the shares bought by the acquirer.

Call us for a free attorney consultation to receive guidance on whether a leveraged buyout is right for you.

Alright, so you’ve incorporated in Florida! Great. Now it’s time to grow and expand your corporation. Spiegel and Utrera, P.A. offers a boutique service without the price tag, called our “General Counsel Club.” Membership in this service allows business owners the exceptional advantage of receiving unlimited legal, business, credit, and tax advice from our skilled corporate attorneys for only $139.95 per year. . Spiegel & Utrera, P.A. may advise you on what’s worked for other corporations like your own and may be able to provide strategies, like lead generation systems for your business. By giving you experienced counsel and guiding you through the complications that arise with your new enterprise; allowing you to focus on the aspects of your business that truly matter to you.

As if unlimited advice from attorneys for $139.95 per year wasn’t enough; check out our additional member bonuses:

✓ An ad on our website’s Client Bulletin Board!

✓ Preparation of the notice and minutes of your corporation’s annual meetings.

✓ Review of all your State filings.

✓ Subscription to our published newsletter, “Entrepreneur’s Alert.”

EXPAND
A CORPORATION IN FLORIDA

JOIN THE GENERAL COUNSEL CLUB

SELL A CORPORATION IN FLORIDA

For those interested in selling a Corporation; our clients are currently seeking to buy Corporations! If you have a corporation that you aren’t actively doing business with, our clients may be interested in purchasing your entity. We will list your entity on our website for 6 months for as little as $99.95. Click here for more information.

Click here to Sell Your Corporation.

MERGE CORPORATIONS IN FLORIDA

A merger is the fusion of two corporations to form a new single business entity. Entrepreneurs may mistake a merger with an acquisition, which is one corporation absorbing another—not becoming a new entity like in the case of a merger. Corporations use mergers to optimize productivity, maximize profits, and extend operations. Mergers can arise from corporations within identical, comparable, or entirely unrelated businesses.

Click here to Merge Corporations.

GET A FICTITIOUS NAME FOR YOUR FLORIDA CORPORATION

The primary reason to acquire a fictitious name is to do business with a different corporation name without having to incorporate a new entity in Florida. A fictitious name is useful as a marketing strategy to emphasize the service or products you offer and include the locations you service to target local customers. Once your fictitious name is registered, you can legally use your localized fictitious name on print ads, billboards, bus stops, etc. A fictitious name or “DBA” doesn’t form a new corporation or legal entity; it solely allows corporations to do business under various names.

Click here to Register your Fictitious Name.

TAX ADVANTAGES OF INCORPORATING IN FLORIDA

The goal of incorporating in Florida from a tax perspective—is to transform as many non-deductible personal expenses into deductible business expenses. Examples of this include the use of your motor vehicle by and for the corporation, the use of part of your residence as a home office, and legitimate travel expenses among other relevant business tax deductions.

Click here to get a list of Florida IRS Tax Forms or click here to get unlimited tax, legal, credit, and business advice for $134.95 Per Year with Spiegel & Utrera, P.A.

Click here to view IRS Forms for Corporations.

RELEVANT ISSUES WHEN INCORPORATING IN FLORIDA

Beyond the initial setup of your Florida Corporation, there are additional legal services that you can expect from us with no additional charge. Each order placed with Spiegel & Utrera, P.A. includes one-on-one personalized service from our lawyers, explaining the different issues relevant to your incorporation in a way that’s easy to digest—so that you can make educated choices when and after you incorporate in Florida. Some of the relevant issues that you need to take into consideration but which you may not know of when you incorporate in Florida include:

Different tax advantages.
Indemnification and covenant not to sue.
Federal, state and local filing requirements.
Name protection.
Available agreements.
Corporate formalities and records.
Lease and contracts.

Submit contact details for immediate assistance:

* Please give our attorneys up to 4 business hours to contact you. Thank you.

Client Testimonial: Roger Davis

★★★★★

My attorney for 30 years. They really do more than just set up corporations. I needed somebody to help me out of a serious legal matter they were able to take on the case for less than 1/2 of what the other attorney was charging me. Become a member of their Club it's like a hundred forty bucks a year and you get all the free legal advice you want. What a cheap insurance policy. I am so glad that I have them on my side.

Delaware Blockchain Corporation and LLC

July 23, 2019 Spiegel & Utrera, P.A.

Delaware Blockchain Corporations and LLC’s

Delaware has recently signed into law amendments to the Delaware General Corporation Law (“DGCL”) and the Delaware Limited Liability Company Act (“DLLCA”) intended to keep the acts current and relevant by providing Corporations and LLC’s the authority to use networks of electronic databases like Blockchains to create and maintain business records, ultimately, setting up the groundwork for your business to pioneer forward into the direction of greater security, reliability, transparency, and efficiency with smart contracts!

Here’s how it works

New and existing Delaware Corporations or LLC’s now have the option to “tokenize” the Corporation’s stock or LLC’s ownership interest on Blockchain in the form of a Cryptocoin.

First, select a Cryptocoin name and a “ticker symbol” (e.g. Bitcoin (“BTC”)).

Next, our firm will code and deploy your smart contract(s) on the Ethereum Blockchain and create the client’s Cryptocoin to reflect the corporate stock or LLC ownership interest.

Then, we memorialize your Cryptocoin information and the smart contract address(es) in the Corporation’s certificate of Incorporation or LLC’s Certificate of Organization or with an amendment to existing Articles of Incorporation or Certificate of Organization, which must be approved by the Secretary of State.

Lastly, we’ll transfer your Cryptocoins to the respective Shareholder’s/Members’ Ethereum Wallets.

Order a Delaware Block Corporation or a Delaware Block Chain LLC here. Or submit your contact details below to get more information and speak with one of our attorneys.

Submit contact details to speak to an attorney about Blockchain Corps and LLCs:

*Please give us up to 4 business hours for our attorneys to contact you.

Why do you need a Blockchain Corporation or a Blockchain LLC?

It’s simple! Experts predict that in the near future, smart contracts like Bitcoin will be able to facilitate and verify or enforce the negotiation or performance of a transaction, which gets recorded on the Blockchain.

With your Spiegel & Utrera, P.A. issued Crypto coin you will have the ability to execute a smart shareholder agreement, smart service agreement, smart lease agreement, smart purchase or sale agreement, smart employment agreement and more on the Ethereum Blockchain. The first step, when you incorporate, is to set up your Blockchain Delaware Corporation or Blockchain Delaware LLC and get your entities’ own Cryptocoin.

Free Consultations: 800-603-3900

Benefits of Smart Contracts on the Blockchain:

Greater Security.
Greater security by record-keeping and encrypting transactions across a network of computers, keeping sensitive data from hacking, fraudulent, and unauthorized activities.

Reduced Costs.
Reduced costs by minimizing the need for middle-men, third parties, and expensive agreements to make guarantees during a business trade, being you don’t have to trust your trading partner—only the data on an unchangeable version of a Blockchain.

Increased Efficiency.
Transactions and settlements get completed with greater efficiency, safety and speed due to a single digital ledger that gets shared among participants, eliminating the need for multiple paper-heavy ledgers that are prone to human error.

Improved Tracking.
Improved tracking, traceability, and authentication of historical transaction data with complex supply chains, helping to prevent fraud and the possibility of misinformation.

More Trust, Reliability, and Transparency.
Greater transparency and trust among business and trading partners due to participants having access to the same network with data that can’t get changed or updated unless all network participants agree on it. Blockchains also make for a great shareholder voting method.

Each Blockchain Corporation or Limited Liability Company is COMPLETE

INCLUDES State Filing Fee, “YES! Includes State Filing Fee”
INCLUDES Corporate or Company Seal and Book
INCLUDES Certificate or Articles of Incorporation or Organization
INCLUDES Company or Corporate Minutes
INCLUDES Corporate By Laws or LLC Regulations
INCLUDES Corporate or LLC Ownership Register
INCLUDES Banking Resolution
INCLUDES Membership or Stock Certificate
INCLUDES Preliminary Name Search
INCLUDES 110% Lowest Price Guarantee

Get More Information!

5 Common Mistakes When Starting a Business

June 26, 2019 Spiegel & Utrera, P.A.

5 Common Mistakes When Starting a Business

Let’s go over the 5 common mistakes when starting a business. Starting a business today comes with many relevant issues that you need to take into consideration, but which you may not be aware of: the different entity types and their respective tax advantages—liability, asset, and name protection—federal and state filing requirements, indemnification and covenant not to sue, corresponding agreements, leases, and contracts, along corporate formalities and records. Below are the 5 common mistakes when starting a business and how to avoid them.

Common Mistake #1: Choosing a Non-Lawyer Agency to Incorporate

Most entrepreneurs know that you should use a corporate business attorney to incorporate—however, some will use a third-party agency or turn it into a do-it-yourself project, in which you’ll get the articles of incorporation and little else. The problem is that you need a lot more than that. Assuming that you know which entity type is the best choice for the legal, business, tax, credit, liability, and asset protection outcomes that you want, there are other things to take into consideration that will help you avoid legal and business pitfalls, and come out on top among your competitors. What most people don’t know is that a business formation law firm like Spiegel & Utrera, P.A. will customize your articles of incorporation, corporate records book, bylaws, minutes, stock certificates and more—while giving you legal, business, credit, and tax advice based on your needs—all for a similar cost of doing it with a non-lawyer party.

In fact, for only $29.95 more than the required state-specific filing fee—Spiegel and Utrera, P.A. will not only customize your articles of incorporation, but you’ll get a complete incorporation package with free legal and business advice from our attorneys. It includes filing your paperwork with the state, a custom corporate records book and seal, corporate minutes, bylaws, ownership register, banking resolution, stock certificates, and a preliminary business name search. All of this gets backed with a 110% lowest price guarantee. Now you might be thinking: How do you even make money offering so much for such a low price? Well, we don’t. We want to build a business relationship with our clients first and provide an incredible service at an impossible price; this is how we’ll earn your business in the future when you need further legal or business-related services for your Corporation or LLC. Click here to incorporate or form an LLC online. You’ll get a free corporate kit plus legal, business, credit, and tax advice from our attorneys.

Common Mistake #2: Choosing the Wrong Type of Business Entity

Another common mistake that people make when incorporating is choosing the wrong type of business entity, which stems from a limited understanding of what the different tax, business, and legal implications of their choice can mean for their corporation. Typically when people incorporate on their own, they do it unaware of the difference between a C Corporation, S Corporation, Non-Profit, or LLC—and even most non-lawyer agencies that help people incorporate can’t give them the legal advice they need to make the right choice of entity type, which is massively important.

A good lawyer will advise options, advantages, and benefits that you (and likely your competitors) didn’t know were there while showing you where the pitfalls are. Many variables will affect this information, such as the location of your business, the type of business and industry you’re in, and the services and products you’re offering, and this information will affect your choice of business entity.

I invite you to call Spiegel & Utrera, P.A. at (800) 603-3900 for a free consultation to find out the right entity type for you.

Let me give you a quick 101: First off—as most people know, the point of incorporating is to protect yourself from personal liability, guard your assets against claims and creditors, and defend your wealth from avoidable taxes. All corporations and companies share those qualities, but the extend to which a corporate entity can do that for your business depends on its type and structure. For example, the types of Corporations include S Corps, C Corps, and Non-Profits; S Corp owners have their business and personal income taxed only once on their individual income tax return, while C Corps yield to the double-taxation of having to do both personal and business income tax returns separately, and Non-Profits have the prospect (under certain requirements) of being tax-exempt.

Each type of corporation gives you a different tax advantage, and they all provide limited liability protection, but one is not better than the other; that will depend on which one is better for your current and future business needs. Keep in mind that any entity type is better than being a sole-proprietorship, which has no liability protection. What about Limited Liability Companies instead of Corporations? They provide personal liability and asset protection as well, with members instead of shareholders—being taxed as an S Corp if it has only one member, or as a C Corp if it has multiple members. Depending on the many factors surrounding your business, an LLC can provide you with fewer ownership restrictions, better capacity for asset protection, and bigger potential for tax deductions, when compared to corporations. No matter what, you want an entity structure that will open the right doors for you now, without closing the right doors to you later.

Common Mistake #3: Lacking Organizational Tools and Methods

The third common mistake on this list that people make when incorporating is lacking the tools and methods to keep their corporate records organized and updated. Many entrepreneurs get their articles of incorporation and overlook the importance of organizing a corporate records book with bylaws, minutes, stock certificates, and other documents that get asked for in legal and business matters. A corporate records book or binder (also known as a corporate kit) serves the purpose of helping you stay organized, which may help you avoid or defend against fines and penalties with the state, default judgments and legal action against you, and losses, such as that of your business license and assets—which can all stem from having missing, outdated, and unorganized corporate documents. The purpose of a corporate records book is to organize all of the corporation’s official documents, along with records of important actions taken by the corporation—such as issuing shares, purchasing real estate, other businesses, and obtaining various licenses. Having missing or outdated records and documents due to the lack of organizational tools and methods can be catastrophic for your corporation, and all possible steps should be made to keep them safe. Remember, when you incorporate with Spiegel and Utrera, P.A., the corporate records book and seal are included!

Common Mistake #4: Choosing the Wrong Registered Agent

The 4th common mistake that entrepreneurs make when incorporating is failing to choose the right registered agent service for their business needs. All corporations are legally required to appoint a registered agent when incorporating and selecting the right one can help you avoid privacy breaches, defaulted lawsuits, and bad standing with the state. For those of you that might be wondering, a registered agent is known as a statutory agent or agent for service of process—a party, entity, or person appointed to receive important state and court correspondences such as annual state filings, tax notices, court notices, and other articles of official documentation. The registered agent will collect the official mail or notifications, then timely process and communicate them to the business owner. State Government requires you to have someone as a point of contact available during regular business hours at a physical location to receive service of process and other official documents—and unfortunately, P.O. boxes don’t fulfill this requirement. Choosing just anyone as a registered agent without internal processes in place to efficiently forward all correspondence can lead to trouble with the state and other entities that could have been easily avoided. I’ll tell you a trade secret that a lot of people don’t know: You can use a law firm, like Spiegel and Utrera, P.A., as a registered agent for almost the same price (or lower) as a non-lawyer registered agent service, and it’ll come with the attorney-client privilege. The attorney-client privilege means that if you receive a subpoena to produce information about your corporation because of matters such as alimony, child support, bankruptcy, debt or tax collection, foreclosure, government enforcement action, criminal matters, or anything else—the attorney is duty-bound not to disclose any information about you to anyone. A non-lawyer registered agent cannot offer this valuable confidentiality and privacy protection. An attorney registered agent acts as a buffer and shield between you and anyone who would seek to sue your business. Here’s a link to Spiegel & Utrera’s General Counsel Club’s & Registered Agent Service. It includes the attorney-client privilege, unlimited legal, business, credit and tax advice for a super-affordable annual fee.

Common Mistake #5: Not Customizing Your Articles of Incorporation with Protective Agreements

One of the biggest mistakes when starting a business is not including special provisions and additional corporate agreements that customize their articles of incorporation with proactive and defensive properties. Incorporating by yourself without a lawyer will produce generic articles of incorporation that may not protect you in the future. We strongly recommend that you don’t take chances and that you guard yourself against liability. First, we recommend an indemnification and covenant not to sue agreement which shields the corporation’s directors and officers from the personal liability of any actions they take on behalf of the corporation. If a director or officer ever gets sued for actions taken on behalf of the corporation, these provisions require that the corporation be held responsible, instead of its directors and officers. If your corporation has more than one shareholder, we recommend that you enter into a Shareholder’s restrictive agreement—which outlines their duties and responsibilities to the corporation and each other. Another great agreement to add is the Shareholder Divorce Protection Provisions, which in the event of a shareholder filing for divorce, a notice is sent to the other shareholders offering them a right of first refusal—which allows them to purchase the shareholder’s shares of stock and avoids having their ex-spouse as a shareholder of the corporation. Normally, the fee to prepare such comprehensive agreements would be $1,500 or more. However, if you request these agreements when you incorporate with us, they will only cost a small fraction of that amount. Give us a call for a free attorney consultation at (800) 603-3900 to get a quote and advice on your business formation and agreements.

Roger Davis

★★★★★

Company Records Book and Seal | Corporate Kit 101

May 29, 2019 Spiegel & Utrera, P.A.

Company Records Book and Seal
Order for only $29.95

Company Records Book and Seal

Organizational Minutes and Resolutions

Company Ownership Register

Company Bylaws

Banking Resolution

Stock or Membership Certificates

Slip Case Cover

Free 30-Day Trial: General Counsel Club
Unlimited Business and Legal Advice

Company Records Book and Seal 101

Welcome entrepreneurs, today’s article is about the corporate or LLC kit, known as the “company records book and seal,” its contents, and the importance of a company records book and seal for your business, by Spiegel & Utrera, P.A.

What is a Company Records Book and Seal?

So, what is the company records book and seal? A company records book and seal is a compilation of a business’ most important records. Company records book and seal typically come as a binder and slipcase cover, making it easy for a business to stay organized by storing all essential company records in one place. Local and state and federal authorities, among attorneys and accountants, may want to see your company records book and seal in the event of any legal proceedings or business transactions. Company records book and seal is not expensive and can serve the purpose of helping you avoid fines, penalties, legal action against you and losses, such as that of your business license.

Contents of a Company Records Book and Seal

Articles of Incorporation

One of the main items of content for your company records book and seal will be the Articles of Incorporation or organization. It’s a legal document that grants from the state the existence and the jurisdiction of your company. It contains the following information:

A company’s name.
Your legal purpose (you can write “any lawful purpose” or a variation of that).
The type of business.
The registered agent office (which is where any lawsuit will be served).
The shares and shareholders or membership certificates and members info.
As well as the corporate bylaws or company regulations.

Company Seal and Book

Let’s talk about the company seal and book and what that is. The company seal is the signature of your company as a separate legal company. The seal is used to produce an imprint on official paperwork like legal documents and contracts, leases and agreements, employment and vendor contracts, loan documents, minutes and operating agreements, and other company records. The company seal may also be used to authorize and legitimize stock or membership certificate—and of course, having one makes your business stand out as more professional at the bank and to any possible investors. As for the company records book, it’s typically a binder that contains all the contents of the company records—such as the articles of incorporation and the minutes.

Company Minutes

Company minutes is the term used for the notes that a secretary records in the meetings held by the board of directors, shareholders, members, officers or committees. A secretary of assigned person will write a record of every decision, outcome, or resolution discussed in that meeting as minutes and collect them into the company records book and seal. The company minutes may be required for significant business matters such as IRS audits, raising capital, borrowing money, by an accountant to prepare taxes, or by an attorney in court proceedings—among much other business or legal matters.

Company Bylaws

Company bylaws are the rules for the company. Every business requires guidelines in which to operate, regardless of type; limited liability companies, s corporations, c corporations, non-profits, even partnerships. Companies would also file in the company records book and seal a partnership agreement, an operating agreement, shareholder agreements, leases, bill of sales, deeds, asset purchase agreements, purchase or sale agreements, proposal agreements, service agreements, indemnification agreements, employment agreements, or any complicated legal document.

Stock and Membership Certificates

A company records book and seal also include stock and membership certificates, which are legal documents declaring that you are the registered owner of a certain number of shares within the corporation or your percentage of ownership in an LLC. Corporate stock certificates and LLC membership certificates are usually created with complex art designs to keep them from being copied or counterfeit, and it includes:

Your name.
Business Name.
An Identification Number.
The number of shares or percentage of ownership.
The Company Seal.
Signatures from signatories of the corporation, such as the president or secretary.

The Importance of a Company Records Book and Seal

Business Licenses

Company records book and seal are very important for a variety of business and legal matters. For example, if you’re trying to get a business license. Many licensing authorities require company documents over time. Company records book and seal is a good, easy, and essential way to substantiate that information.

IRS Audits

Also, for IRS audits—the company records book and seal are the most complete business record-keeping tool one can have. Should an IRS audit occur, its contents will likely be required. There are situations where the IRS and state taxing authorities may want to review your company records book and seal.

Borrowing Money

If you’re trying to borrow money—banks and creditors perform strict due diligence to qualify a business before lending money, and they may want to review components of your company records book and seal to satisfy their requirements.

Investors

Also, if you’re trying to get investors—many investors might want to view documents within your company records book and seal before they invest in your company. If you cannot provide this, they might be less willing, and having a professional and organized company records book and seal with your documents and seal, stock certificates, membership certificates, minutes, and other material that’s going to give investors the transparency that they want to make them feel good about the deal.

Get Your Company Records Book and Seal with 30 Days of Free Legal Advice

So now that you know what a company records book and seal is and why it’s essential, get your customized company records book and seal today. Order a current year company records book and seal for only $29.95, plus $17.95 shipping and processing. It includes:

Company records book and seal
Organizational minutes and resolutions
Corporate ownership register
Corporate bylaws
Banking resolution
Stock Certificates
Slipcase cover

For a limited time, it includes a 30-day free trial to Spiegel and Utrera’s General Council Club—that’s unlimited business and legal advice from business formation and litigation lawyers. You can’t beat that deal—give our office a call to order by phone at (800) 603-3900, or order online now.

Interest Charge Domestic International Sales Corporation (IC-DISC 101)

April 12, 2019 Spiegel & Utrera, P.A.

Interest Charge Domestic International Sales Corporation 101

What is an IC-DISC? It’s an Interest Charge-Domestic International Sales Corporation. If your business may involve U.S. manufacturing of goods for export, you may be entitled to tax savings with an IC-DISC. The new interest charge domestic international sales corporation must formally choose to be treated as an IC-DISC and must also file an annual U.S. income tax return even though it pays no U.S. income taxes.

Form an IC-DISC

interest-charge-domestic-international-sales-corporation

Each Corporation or Limited Liability Company is COMPLETE

INCLUDES State Filing Fee, “YES! Includes State Filing Fee”
INCLUDES Corporate or Company Seal and Book
INCLUDES Certificate or Articles of Incorporation or Organization
INCLUDES Company or Corporate Minutes
INCLUDES Corporate By Laws or LLC Regulations
INCLUDES Corporate or LLC Ownership Register
INCLUDES Banking Resolution
INCLUDES Membership or Stock Certificate
INCLUDES Preliminary Name Search
INCLUDES 110% Lowest Price Guarantee!

Yes, even INCLUDES Attorney’s Fee (No Hidden Attorney Fees).

INCORPORATE ONLINE

Interest Charge Domestic International Sales Corporation Rules and Requirements

To be eligible to make an IC-DISC election, the corporation must satisfy several IC-DISC rules and requirements:

There is a single class of stock with an aggregate minimum par value of $2,500;
95% of gross receipts involve goods manufactured in the U.S. as described below;
95% of the assets of the IC-DISC is inventory for export as described below;
The tax year conforms to that of the IC-DISC’s principal shareholder;
Separate books and records are maintained by the IC-DISC; and
One of the IC-DISC rules is that the IC-Disc is not a member of a controlled group involving a foreign sales corporation.

Interest Charge Domestic International Sales Corporation Commissions

Some considerations to notice in regard to IC-DISC commissions:

The exporter-parent corporation pays an annual, tax-deductible IC-DISC commission on its export sales to the IC-DISC (the commission deduction could yield a tax benefit as high as 35 percent).
The qualified gross receipts test is met if 95% or more of the gross receipts consist of IC-DISC commissions earned with respect to qualified export property, which is property (i) manufactured, produced, grown, or extracted in the United States by a person other than an interest charge domestic international sales corporation.
The allowable commission rate is either 50 percent of export net income or 4 percent of gross export income, whichever is greater.

IC-DISC Tax

The new corporation must formally elect to be treated as an IC-DISC and must also file an annual U.S. income tax return even though it pays no U.S income taxes. The commissions paid to the IC-DISC create 35 percent tax benefits for the U.S. exporting corporation while the individual shareholders of the IC-DISC would pay only 15 percent U.S. income tax on dividends received. That means the permanent IC-DISC tax savings for U.S. exporters and their shareholders can be as high as 20 percent!

The commission income is accumulated and untaxed in the IC-DISC. The deferral of income is allowable on annual export sales up to $10 million;
The IC-DISC shareholders are required to pay interest (to the IRS) on the accumulated but untaxed income; and
The IC-DISC shareholders pay U.S. income tax on dividends received from the IC-DISC when distributions are made (the IC-DISC tax on dividends for individuals is now 15 percent).

IC-DISC Dividends

Export-derived proceeds are paid to IC-DISC shareholders as a dividend taxed at a lower rate than the taxable income-reducing deduction realized by the exporter-parent (a potential tax savings of 20 percent!). Here’s an example of the process and the IC-DISC dividends paid to IC-DISC shareholders:

IC-DISC commission:
Gross receipts of U.S. goods exported	20,000,000
Cost of goods sold	(16,000,000)
Gross Margin	4,000,000
Selling, general and administrative costs	(3,000,000)
Export sales net income	1,000,000
50% of export net income	500,000
4% of export gross receipts (greater sum)	800,000
IC-DISC commission paid by exporter-parent corporation to IC-DISC	800,000
Commission paid by exporter-parent corporation is a deductible business expense reducing taxable income by a rate of 35%.	280,000
IC-DISC Dividend paid to IC-DISC shareholders	800,000
Federal tax rate of 15 % on IC-DISC dividend paid to IC-DISC shareholders	(120,000)
IC-DISC net tax savings	160,000

For IC-DISC taxes, the IRS 1120 IC-DISC Tax Form and Instructions can be found in this link to the official IRS site.

Steps to start an LLC in Florida | LLC Formation Lawyer

March 20, 2019 Spiegel & Utrera, P.A.

7 EASY STEPS to start an LLC in Florida

Starting an LLC in Florida gives business owners personal liability protection, great tax rates, and the business benefits that come from operating under a legal entity other than yourself as a sole proprietorship or independent contractor.

We’ve outlined the steps to start an LLC in Florida in the following 7 easy steps:

Step 1:

To start an LLC in Florida, you need to gather the following contact information for the formation of your company:

Name
Address
City
State
Zip Code
Phone Number
Email

Step 2:

Decide on a name, then a Suffix for the name of your Florida LLC from one of the following:

Limited Liability Company
L.L.C
LLC
Ltd. Liability Co.

Submit your details for immediate assistance in starting a Florida LLC:

Step 3:

State the purpose of your Florida LLC:

The purpose for an LLC may simply be written as follows: “The purpose of the Limited Liability Company is to engage in any lawful activity for which a Limited Liability Company may be organized in this state.”

Step 4:

Next, gather the following entity information:

Products
Services
Company Street Address
City
State
Zip-Code
County

Step 5:

Enter membership information for your Florida LLC:

Member Name
Total Percentage of Ownership of the LLC
Capital Contribution
Address Info
Phone
Social Security Number
Total Capital Contribution (sum of all members)

Step 6:

Name and SSN of the Operating Managers for your LLC (the operating managers can also be Members, and only one operating manager may be required):

Operating Manager
Vice-Operating Manager
Secretary
Treasurer

Step 7:

You may also need:

A Business License
Your LLC may require business licenses, permits, and tax registration.
A Registered Agent
The Registered Agent will collect the official mail or notifications, then process and communicate them accordingly to the business owner. Florida statutes require that you have and continue to maintain a registered office and registered agent.
A Company Seal and Book
Its purpose is to contain all the corporation’s important documents, such as the certificate of organization, company minutes, LLC regulations, membership certificates, along with records of important actions taken by the corporation, such as issuing shares, purchasing real estate and other businesses, and obtaining various licenses.

Need help starting an LLC in Florida?

Forming an LLC with an experienced law firm rather than a non-lawyer agency or by yourself can help you avoid negative business, tax, and legal implications and penalties within your jurisdiction.
We’ll make sure you form an LLC with the best tax rates and corporate structure for your particular venture, using our 175 years of cumulative experience with over 260,000 clients.
Forming an LLC with us provides you with free legal advice and a complete corporate kit with a 110% lowest price guarantee. If you were to do it yourself or through a non-lawyer agency, you won’t receive the important legal advice you need and the complete corporate kit that LLC should have to ensure a safe and successful start.
Call our business lawyers for a free consultation at (800) 603-3900

Each Corporation or Limited Liability Company is COMPLETE

INCLUDES State Filing Fee, “YES! Includes State Filing Fee”
INCLUDES Corporate or Company Seal and Book
INCLUDES Certificate or Articles of Incorporation or Organization
INCLUDES Company or Corporate Minutes
INCLUDES Corporate By Laws or LLC Regulations
INCLUDES Corporate or LLC Ownership Register
INCLUDES Banking Resolution
INCLUDES Membership or Stock Certificate
INCLUDES Preliminary Name Search
INCLUDES 110% Lowest Price Guarantee !

Yes, even INCLUDES Attorney’s Fee (No Hidden Attorney Fees).

What’s the secret to such great prices?

ORDER ONLINE NOW!

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Gonzalo Estrada

★★★★★

Great service, great price. Very professional law firm. Staff Is extremely helpful and knowledgeable. Thank you Spiegel & Utrera for helping me start my company.

WITH US	COMPETITOR	BY YOURSELF
✔ Includes State Filing Fee!	✔ Articles of Incorporation	✔ Articles of Incorporation
✔ Corporate Book and Seal	✔ By Laws
✔ Articles of Incorporation	✔ Preliminary Name Clearance
✔ Corporate Minutes	✘ Non-Lawyer; No Legal Advice
✔ Corporate By-Laws	✘ No Complete Corporate kit
✔ Ownership Register	✘ Charges State Filing Fee
✔ Banking Resolution
✔ Stock Certificate
✔ Preliminary Name Search
★ Free Legal Advice
★ 110% Lowest Price Guarantee
ORDER NOW		Spiegel & Utrera, P.A.
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