Florida business owners decide to establish limited liability companies for a variety of reasons. Often, they do so because they want to gain access to the protections that an LLC provides. For example, if someone decides to file a lawsuit against an LLC, its members are not personally liable for the company’s actions. LLCs may also offer certain tax benefits, among other perks, and there are certain steps entrepreneurs need to take to establish this type of business entity in Florida.
According to Time, the following are some of the steps business owners must take to create LLCs in Florida.
Come up with a name
Business owners must follow certain guidelines when choosing names for their LLCs. For example, they have to include “LLC” in the business name. If they plan to use a different name when promoting the business, then they need to file a separate “doing business as” name when creating the LLC.
Designate a registered agent
A Florida LLC also needs to have a registered agent. The registered agent must be an individual, rather than a business. It becomes this party’s responsibility to collect mail for the business, and he or she also has to make his or her name available to the public.
File appropriate forms and articles of organization
Those looking to establish Florida LLCs also must complete and file the Florida Limited Liability Company Filing Form that contains relevant information about the new business. Filing articles of organization is also necessary.
Other steps involved in establishing a Florida LLC include securing an employee identification number and getting a Florida business license, if applicable.
