How to Form an LLC in Florida
Information on forming and operating an LLC in Florida as a Turkish entrepreneur.
Quick Facts
Formation Requirements
- 1Articles of Organization filing with Florida Division of Corporations
- 2Registered Agent with Florida address required
- 3Operating Agreement (not filed, but recommended)
- 4Annual Report due by May 1 each year
- 5EIN from IRS for tax purposes
- 6BOI filing with FinCEN within 90 days
✓Advantages
- •No state income tax for individuals
- •Strong asset protection laws
- •No requirement to disclose member names publicly
- •Business-friendly legal environment
- •Large market access (20+ million population)
- •Fast online filing system
✕Disadvantages
- •Higher formation fee than some states ($125 vs $50-100)
- •Annual report required every year
- •May trigger nexus for sales tax if selling to Florida customers
- •Physical presence may create additional tax obligations
Tax Information
Florida has no state income tax for individuals, making it attractive for LLC owners. However, multi-member LLCs taxed as partnerships still file informational returns. Florida does have a corporate income tax (5.5%) if your LLC elects corporate taxation.
Important Notes
Florida is popular among international entrepreneurs for its no income tax policy and strong business infrastructure. However, if you don't have physical operations in Florida, states like Wyoming or New Mexico may offer lower ongoing costs.
Related Resources
Cite This Entry
EchoLegal, “Florida LLC Formation Guide,” EchoLegal Legal Encyclopedia, v1.0 (last updated Feb 17, 2026), https://echo-legal.com/en/amerika/llc-eyalet/florida.
Florida LLC Formation Guide, EchoLegal Legal Encyclopedia (last updated Feb 17, 2026), https://echo-legal.com/en/amerika/llc-eyalet/florida.
ecl-gde-00019This guide is for informational purposes only and does not constitute legal advice. Florida LLC requirements may change. Verify current requirements with the Florida Division of Corporations or a qualified attorney.