Information about setting up new company

Limited Liability Company

• A LIMITED LIABILITY COMPANY is a hybrid form of business entity combining some of the attributes of a corporation with the status of a partnership.

  Any entity that transacts business in Florida as a limited liability company is required by Florida Statutes to file Articles of Organization or an application for authorization with the Division and pay the filing fee. These documents must be typewritten or printed legibly in the English language. The professional advice of your legal counsel to ascertain exact compliance with all statutory requirements is strongly recommended.

The name of the limited liability company

• The name of the limited liability company, which must end with the words "limited liability company" or "limited company" or their abbreviation "L.L.C.", "L.C.", "LLC" or "LC". (The word "limited" may be abbreviated as "Ltd." and the word "company" may be abbreviated as "Co".)

All limited liability companies must file a Uniform Business Report with the Division each year between January 1 and May 1 and pay the filing fee. Failure to file will result in administrative dissolution of the limited liability company or loss of authorization to transact business in Florida as a foreign limited liability company.

• Articles of Organization containing the following information :
• • The name of the limited liability company.
  • The mailing address and the street address of the principal office of the limited liability company.
  • The name and Florida street address of the limited liability company's registered agent. The registered agent must sign and state that he/she is familiar with and accepts the obligations of the position.
  • The name and address of each Manager or Managing member. Insert "MGR" for each Manager. Insert "MGRM" for each Managing Member. IMPORTANT: Most financial institutions require this information to be recorded with the Florida Department of State.
  • The Articles of Organization must be executed by at least one member or authorized representative of a member. The execution of the document constitutes an affirmation under the penalties of perjury that the facts stated therein are true.
  • (Optional) If an effective date is listed, the date must be specific and can not be more than five business days prior to or 90 days after the date of filing.

• Filling Fees :
• • Filing Fee for Articles of Organization $100.00
  • Designation of Registered Agent $25.00
  • Certified Copy (OPTIONAL) $30.00
  • Certificate of Status (OPTIONAL) $5.00
  • A letter of acknowledgment will be issued free of charge upon registration. Please submit one check made payable to the Florida Department of State for the total amount of the filing fees and any optional certificate or copy.
  • A cover letter containing your name, address and daytime telephone number should be submitted along with the articles of organization and the check.