Start your Limited Liability Company in Florida: Sunbiz LLC

The Limited Liability Company (“SunBiz LLC”) is a hybrid entity that is very flexible and, depending on how many owners (known as “Members”) and what such Members elect to do, may be taxed as a partnership or corporation, if it has multiple Members, or as a sole proprietorship, if it has only one member, while providing limited liability protection for all of its Members. For federal tax purposes, a SunBiz LLC, like a partnership or sole proprietorship, is a pass-through entity; thus, its income and losses are taxed only at the member level. However, all members of a SunBiz LLC, like the shareholders of an S corporation, have limited liability for the debts and claims against the SunBiz LLC. No member will be burdened with personal liability.

Why Incorporate or Form an LLC with us?

First, we provide you with information, guidance and counsel based on our 175 years of legal experience and over 240,000 satisfied clients; most other websites that can help you incorporate or start an LLC aren’t attorneys and can’t give you advice on the legal implications of starting your business.

Secondly, we include a complete incorporating package with the most value;

Already incorporated? Get a Complete and Custom Corporate Kit for only $29.95 HERE!

SunBiz LLC vs SunBiz S Corporation

The main advantage of the SunBiz LLC is that it is not burdened with the ownership restrictions imposed on a small business corporation (also known as a Sub Chapter S Corporation). A SunBiz LLC may have more than 100 Members or as few as one. Its interests may be held by corporations, partnerships, Non-Resident Aliens, trusts, pension plans and charitable organizations; the SunBiz LLC may make special allocations, thereby avoiding the single class of stock requirement applicable to an S corporation; and it may own more than 80% of the stock of a corporation and, therefore, may be a member of an affiliated group.

What is a Corporation?

An Florida Corporation (“SunBiz Corporation”) is a legal entity that is granted certain powers by the state. It is owned by shareholders who share in the profits and losses of the corporation. It is guided by directors that act sort of like a legislature and decide important business decisions on a periodic basis. These decisions are carried out by the president of the SunBiz Corporation and the other officers such as the secretary and treasurer. There are many advantages to incorporating, such as having no personal liability, business tax deductions, minimizing IRS audits, personal privacy, use of a marketing framework, an easier time raising capital, and making it easier to transfer ownership of your SunBiz Corporation.

SunBiz LLC Name Search

When incorporating or starting an LLC, you must choose a name that isn’t already taken. We can help you do a preliminary name search when you incorporate or start an LLC with us. On a side note, if you are planning to start your own business, especially if you are interested in a sole proprietorship, you may want us to handle your Fictitious Name or DBA registration.

Forming your Florida SunBiz LLC

Make sure you understand the requirements for filing your LLC’s Articles of Organization and obtain all the information you need for your application. While filing your application online is more convenient, you can form an LLC through the phone by calling us at (800) 603-3900. If you want to organize an LLC in Florida, or need to address an application that’s been rejected, please give our attorneys a call. After choosing an available company name for your SunBiz LLC and filing your Sunbiz LLC successfully, you will have formed a limited liability company. We have three different speed of service options for forming your SunBiz LLC: Standard service allows two weeks to complete your order; Expedited service allows 4 business days; Express Service allows 2 days—for an additional fee. LLC’s in Florida are also required to have a registered agent, you will need to provide the address and name of your agent. If you don’t already have a registered agent, please consider using our General Counsel Club, where we act as your registered agent and office, while providing you with unlimited legal and business advice year-round.