Opening an LLC in Florida can be a very attractive option for entrepreneurs looking for favorable tax conditions and the flexibility in structure and operations that LLCs offer.
So let's review how much it costs to form an LLC in the state of Florida.
Florida registration costs
$ 125 Filing FeesFlorida registration times
Standard
$ 0 2-3 weeksFast
$ 50 4-6 daysExpress
$ 100 24 hrsHow much does an LLC cost in Florida?
Forming an LLC in Florida has a filing fee of $125. This is paid when you file your "Articles of Organization". This form is filed with the Florida Secretary of State, and once it is approved, your LLC will be officially registered.
What other costs does a Florida LLC have?
In addition to this LLC filing fee, there are other costs to keep in mind when forming a Florida LLC, such as:
Annual Report
Florida requires you to keep your LLC's information up to date by filing an Annual Report.
This keeps your Florida LLC in good standing and in compliance with state law so it can continue operating. You just have to confirm the information in the Annual Report, file it with the Florida Department of State, and pay the Annual Report fee.
A Florida LLC's Annual Report costs $138.75 per year. This Florida LLC cost is something you will have to pay every year for the life of your LLC.
The first report must be filed the year after formation. Annual Reports must be filed online between January 1 and May 1. If you file an Annual Report after May 1, a $400 late fee will be added.
Registered Agent
Florida law requires you to appoint a Registered Agent when you form an LLC.
A Florida Registered Agent is a person or company that receives legal documents and state notices for your LLC. A Registered Agent needs an in-state address and generally must be available during normal business hours. There is no additional cost if you will be your own Registered Agent, or if you have someone you know serve as your LLC's Registered Agent.
If that is not the case, people usually hire a registered agent service, which typically costs between $100 and $300 per year. The services below are the ones we recommend:
Variable costs
Depending on where your LLC does business in Florida and the industry it operates in, you may need to obtain additional Business Licenses or Permits. For example, you may have to obtain a business permit from the city.
The costs of these other business licenses or permits will vary depending on location and industry, but the fees are usually not very high. Some licenses and permits are issued at the state level, and others are issued by a municipality (the town, city or county).
Conclusion
The cost of forming an LLC in Florida will be $125. This is a one-time Florida LLC filing fee for the Articles of Organization. Some LLCs may need a business license in Florida. This depends on your industry and where your LLC is located. The cost of local business permits varies.
Finally, all Florida LLCs need to pay $138.75 per year for the Florida Annual Report. These fees are paid to the Department of State. And this is the only annual fee required by the state. You have to pay it to keep your LLC in good standing. If you hired a Registered Agent service, you will have to pay an annual fee every year, ranging from $100 to $300.
Written by
Ignacio Navarro
Ignacio Navarro is a Certified Public Accountant, founder of Start Companies and a specialist in U.S. companies for entrepreneurs, freelancers and digital businesses in Latin America. With training in international taxation and studies at UCEMA, he advises non-resident clients on forming and maintaining LLCs, opening bank accounts, invoicing, accounting and taxes. His experience combines tax strategy, compliance and practical vision for operating in the U.S. in a simple, organized and professional way.
