I want to start a small consulting LLC in Florida and prefer not to visit any offices or hire a lawyer. Is it possible to complete the entire filing process online, from name reservation to EIN and annual report? Any pitfalls I should watch for?
Can i handle the entire florida llc filing process online?
Yes, you can do it all online via Sunbiz. Articles of organization, EIN on IRS site, annual report later. No need for a lawyer for a simple LLC.
Sunbiz is fine, but the site can be clunky. Make sure you use the official one, not a third-party service that charges extra.
What about the registered agent? You need a physical Florida address. If you don't have one, you'll have to pay a service.
I have a home address in Florida, so I can be my own registered agent. Does that complicate online filing?
No, it's straightforward. Just enter your name and address when prompted. But remember your address becomes public record.
I filed mine last year entirely online. The articles took 10 minutes. EIN was instant. Annual report is due May 1, don't forget.
Sunbiz has a step-by-step guide. Follow it carefully. Also, you need to file a beneficial ownership report with FinCEN now, that's new.
FinCEN BOI report is separate from Florida. It's federal. Don't skip it, penalties are steep. But it's also online.
Make sure your LLC name is distinguishable. Sunbiz has a search. And reserve it if you're not ready to file immediately.
Thanks. I didn't know about the FinCEN report. Is that required for single-member LLCs too?
Yes, unless you qualify for an exemption. Most small LLCs don't. File it within 90 days of formation.
Also consider an operating agreement, even if not required. Banks often ask for one when opening an account.
And get an EIN before opening a bank account. You can do that online on IRS site. Its free.
One pitfall: the annual report is due between Jan 1 and May 1. If you you miss it, you get a late fee. Set a reminder.
Also, don't use a PO box for your principal address if you can avoid it. Some banks may balk.
I used a virtual office for my registered agent. Costs about $100/year. Worth it for privacy.