A. File Artcles of incorporation for Florida Corporation with the Secretary of State
After choosing which entity is right for you, your next step is to go to the Florida Secretary of State's website and download the appropriate incorporation form that may be available. Or, if you don't want to do the work yourself, we can help you incorporate a business in Florida. Click here for a free quote on our Florida business incorporation services.
B. S Corporation Filings for Your New Florida Corporation
1. Federal S-Corporation Election Form
If you have Clickandinc.com incorporate a business for you in Florida, and you choose to be treated as an s-corporation for federal income tax purposes, we can draft that form for you (IRS form 2553). If you choose to draft it on your own, you can download it from the IRS website.
NOTE: You have 75 days from the date you incorporate a business in Flordia to file your form 2553 with the IRS. If you fail to file in that time period, you will not be granted s-corporation status for the year in which you incorporate.
2. Florida S-Corporation Election form
Florida does not require s-corporations to file a seperate s-corporation election form with the state.
C. Get Your Florida Tax ID Number and Or Other State Required Documentation
Have your Federal Tax ID Number (EIN) on hand; most states require it on their state tax ID number forms and other forms that you may need to complete after you incorporate a business in Florida.
Before you are granted a license from any government agency or a business is opened in Florida, you must first determine whether your business activity, product use, or product consumption will be subjected to Florida sales tax. That is why you must complete the DR-1 form; if you haven’t downloaded it already, it can be done by going to
www.myflorida.com/dor/forms/download/!sales.html
For all other tax information regarding your business, visit the Florida Department of Revenue’s website at
http://sun6.dms.state.fl.us/dor/taxes. This includes unemployment taxes. To see if your business is required to file an Employer’s Quarterly Report (Form UCT-6) which details your business’s employment activity, go to the Department of Revenue’s website and click on “How to Register.”
All Florida corporations and LLCs are required to file an annual report each calendar year with the Secretary of State on or before May 1
st starting in the year following the year of incorporation. The current fee is $150 for corporations and $50 for llcs. For more information, contact the Florida Department of State at 850-487-6052 or visit
http://www.sunbiz.org/
Surely, the list above is not everything you will need to do once you incorporate a business in Florida. You should always check with your accountant or attorney in order to make sure you are compliant with all state laws. Clickandinc.com is not a law firm and nothing on this page can be considered legal advice on which you can rely.
If you’d like Clickandinc.com to help you incorporate a business in Florida, we’d love to help.
