Form your company in Florida

Why form an LLC in Florida?

Florida is a strong pick if you live in, are moving to, or have real customers/property in the state — no personal state income tax is a genuine benefit. For a purely remote or non-US founder with no Florida ties, the fully public ownership record and yearly $138.75 report make Wyoming or New Mexico a quieter, cheaper default.

A quick reminder from us: forming in a state where you do not actually operate usually means you still have to register (foreign-qualify) in your home state, often with little or no tax benefit. If you are unsure, tell us how you plan to operate and we will recommend the right fit — free.

Costs and fees

The Florida Secretary of State charges roughly $125 to file Articles of Organization, with an ongoing state cost of about $138.75/yr report. No personal state income tax; the $138.75 is an annual report fee, not a tax. LLCs electing C-corp treatment pay 5.5% Florida corporate income tax. State fees are paid directly to the state and are separate from our service fee.

• Filing fee: $125 (approximate)
• Ongoing state cost: $138.75/yr report
• Typical processing time: ~2–5 business days online

Taxes and privacy

Personal state income tax in Florida: None. Owner privacy on the public record is generally rated low.

Your federal tax obligations (and your EIN) are the same regardless of the state you choose — a single-member LLC is taxed as a pass-through by default, and we can obtain your EIN even if you do not have an SSN.

Pros of forming in Florida

• No Florida personal state income tax on LLC pass-through profits
• Predictable, moderate annual report fee of $138.75
• Fast, well-run online filing via Sunbiz — often posted within a couple of business days
• Large economy and easy access to US banking, payment processors, and vendors
• No state-level franchise tax on ordinary pass-through LLCs

Things to weigh

• Manager/member names and addresses, plus the registered agent, are fully public on Sunbiz — low privacy
• Miss the May 1 annual-report deadline and a flat $400 late fee applies (no proration)
• LLCs taxed as C-corporations owe Florida's 5.5% corporate income tax
• No special benefit for a non-resident with no Florida activity

Banking for your Florida LLC

Formation state does not restrict US business banking, so a Florida LLC can open an account with providers nationwide. Mercury, Wise, Relay, and many traditional banks accept Florida LLCs; non-US owners generally onboard remotely with an EIN — standard KYC applies.

Whichever state you choose, we prepare the documents banks ask for and can obtain your EIN even without an SSN. Bank and provider approval is always their decision — we are not affiliated with any bank.

Is Florida right for you?

Best for: Founders operating in or relocating to Florida. If you operate physically in Florida, forming here keeps things simple. If you are a remote or non-US founder without a specific reason to choose Florida, a low-cost, privacy-friendly state like Wyoming or New Mexico is often the better default.

Not sure? Start your application and we will confirm the best state for your situation before anything is filed.