Limited Liability Company LLCUnited States · Florida
What it takes to form, own and run a private limited company in United States · Florida, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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A member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the company solely by reason of being or acting as a member or manager.
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One or more persons may act as authorized representatives to form a limited liability company by signing and delivering articles of organization to the department for filing.
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A person may become a member without acquiring a transferable interest and without making or being obligated to make a contribution to the limited liability company.
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For filing original articles of organization or articles of revocation of dissolution, $100.
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a domestic LLC with at least two members is classified as a partnership for federal income tax purposes unless it files Form 8832
Form it
Who registers it
- Registry
- Formed without visiting
- Not in our records
- Formed online
- Not in our records
What it takes to form
- A notary
- Not required
- A resident director
- Does not apply
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 1 · one person may form it alone
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One or more persons may act as authorized representatives to form a limited liability company by signing and delivering articles of organization to the department for filing.
- A local company secretary
- Not required
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shall designate and continuously maintain in this state: (a) A registered office, which may be the same as its place of business in this state; and (b) A registered agent, who must be: 1. An individual who resides in this state
- A local registered agent
- Required
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shall designate and continuously maintain in this state: (a) A registered office, which may be the same as its place of business in this state; and (b) A registered agent, who must be: 1. An individual who resides in this state
Each year, at the registry
- Annual registry fee
- USD 50 (about €44)
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For filing an annual report, $50.
- Accounts on the public record
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the LLC are in our records.
What is public
Not in our records What the register shows the public is not in our records for the LLC.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Owners choose+4 regimes
Federally a domestic LLC with two or more members is a partnership unless it elects corporate treatment on Form 8832; a one-member LLC is disregarded unless it elects. Florida follows the classification: an LLC classified as a corporation files the Florida corporate return (5.5%); a partnership LLC files an information return only; a disregarded LLC files none.
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a domestic LLC with at least two members is classified as a partnership for federal income tax purposes unless it files Form 8832
Special regimes that may apply
- Deduction for foreign-source portion of dividends received from specified 10-percent owned foreign corporations holding · 100% exempt
Domestic corporations that are United States shareholders of a specified 10-percent owned foreign corporation, on dividends received from it 26 U.S.C. § 245A(a) - Deduction for foreign-derived intangible income and global intangible low-taxed income other · 37.5%
Domestic corporations with foreign-derived intangible income, and with GILTI included under section 951A 26 U.S.C. § 250(a)(1) - Alternative tax on qualifying shipping activities tonnage
Electing corporations engaged in qualifying shipping activities 26 U.S.C. § 1352 - Qualified opportunity zones free zone
Taxpayers with eligible gains who invest them in a Qualified Opportunity Fund holding property in a designated zone 26 U.S.C. § 1400Z-1 (designation) and § 1400Z-2 (deferral and exclusion), enacted by the Tax Cuts and Jobs Act of 2017, Public Law 115-97
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in United States
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Dissolution and winding up; administrative dissolution for failure to file the annual report, occurring on the fourth Friday in September (s. 605.0714).
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Administrative dissolution of a limited liability company for failure to file an annual report must occur on the fourth Friday in September of each year.
- Statutory fee
- Not in our records
Every business in United States · Florida
Sales and consumption tax
- The tax
- Sales tax (state and local)
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you can elect to deduct state and local general sales taxes
- Standard rate
- Set by the states or provinces
There is no national VAT or sales tax; rates are set by each state and locality.
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you can elect to deduct state and local general sales taxes
- Registration threshold
- Not in our records
- A foreign company
- See the note
Sales tax is administered by state and local authorities, not the federal government, so there is no national registration rule to record.
- Tax authority
- Internal Revenue Service (IRS) at federal level; sales tax is administered by state and local authorities
Portals and registers
- Business registerNone — state-level business registries; no single national registry
- Tax authorityInternal Revenue Service (IRS)
- Tax treatiesUS Department of the Treasury - Tax Treaties
Payment and banking services
6 services name United States on their own list: Paysera, Airwallex, Stripe, Revolut, Brex, Mercury. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- Limited Liability Company (LLC)
- ISO 20275 code
- 8N21Secondary GLEIF, Entity Legal Forms code list