You and your friends have an idea or service that could potentially sell at the market. Your money is enough as a capital to start it up. You are assured that it could potentially make you a substantial profit. The problem is you do not know how to create your own company. Fortunately, business incorporation Florida is easy to register.
Opportunities are booming in the business sector of the Sunshine State. Yet, there is a need for you to learn about a corporation before beginning. This is formed by a group of individuals. It is legally recognized as a person who is separate and independent from its owners. All assets and obligations are shouldered by the corporation and not the owners.
Guidelines are provided by the DOS or Department of State of Florida. It has the necessary steps on starting up incorporation. The first step that you have to do is research. You are required to know the rules of the Internal Revenue Service and its regulations. Tax laws need to be understood and the types of taxes you have to pay. It will be the duty of the Department of Revenue to ensure that you are complying.
Take time to know what, where and how the process will go in getting a business registration. There are instances where the local county requires you to register with them too to obtain a license. Where the corporation will be situated should be at a place where the economy is high and booming or could potentially rise. It also needs to be accessible by everyone.
It should be noted that your corporation name complies with the rules set by DOS. Distinct and identifiable are two of the requirements you need to contemplate. Any planned name should not have Florida anywhere in it. You can use their website to confirm if the name you are planning is up for grabs or not.
Now that your research is done, your business can now be formed. To do this, you need to make the articles of incorporation. Then, file this document with the DOS and pay the required fees.
Also referred to as certificate of incorporation, it is a formal document which founded the business and getting it recognized under the law. It contains basic information about the corporation. Some details contained are the name, principal place of business, type of corporation, the purpose, the board of directors and signature of the incorporator.
Certified copy of articles of incorporation and a certificate of status is optional. However, it is best that you get one. In case the original articles of incorporation gets lost or gets damaged, you have a copy stored in the office. On the other hand, the certification recognizes that your corporation exists with all fees paid on a specific date.
Finally, register your fictitious name. It is commonly known as DBA or doing business as. This is only required if you are going to operate under this name rather than the legal corporate one. An email confirmation will be sent to you once the DOS approves of it.
Opportunities are booming in the business sector of the Sunshine State. Yet, there is a need for you to learn about a corporation before beginning. This is formed by a group of individuals. It is legally recognized as a person who is separate and independent from its owners. All assets and obligations are shouldered by the corporation and not the owners.
Guidelines are provided by the DOS or Department of State of Florida. It has the necessary steps on starting up incorporation. The first step that you have to do is research. You are required to know the rules of the Internal Revenue Service and its regulations. Tax laws need to be understood and the types of taxes you have to pay. It will be the duty of the Department of Revenue to ensure that you are complying.
Take time to know what, where and how the process will go in getting a business registration. There are instances where the local county requires you to register with them too to obtain a license. Where the corporation will be situated should be at a place where the economy is high and booming or could potentially rise. It also needs to be accessible by everyone.
It should be noted that your corporation name complies with the rules set by DOS. Distinct and identifiable are two of the requirements you need to contemplate. Any planned name should not have Florida anywhere in it. You can use their website to confirm if the name you are planning is up for grabs or not.
Now that your research is done, your business can now be formed. To do this, you need to make the articles of incorporation. Then, file this document with the DOS and pay the required fees.
Also referred to as certificate of incorporation, it is a formal document which founded the business and getting it recognized under the law. It contains basic information about the corporation. Some details contained are the name, principal place of business, type of corporation, the purpose, the board of directors and signature of the incorporator.
Certified copy of articles of incorporation and a certificate of status is optional. However, it is best that you get one. In case the original articles of incorporation gets lost or gets damaged, you have a copy stored in the office. On the other hand, the certification recognizes that your corporation exists with all fees paid on a specific date.
Finally, register your fictitious name. It is commonly known as DBA or doing business as. This is only required if you are going to operate under this name rather than the legal corporate one. An email confirmation will be sent to you once the DOS approves of it.
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