As you may know, there are many ways to incorporate a business in Florida. While companies exist to do the legwork and paperwork for you, the most direct way is to contact the Florida Department of State, Division of Corporation's website itself.
When you visit the website for the Florida Department of State, Division of Corporation, you will notice they are surprisingly user friendly. Their website houses various informative databases and in-house automated filing systems that will allow you to incorporate your Florida-based business online.
By incorporating online, you can do away with the traditional middleman used in incorporating a business and inexpensively file all the papers yourself. In addition, this filing can be completed without leaving the comfort of your office or home. Alternatively, you can also contact the Florida Department of State, Division of Corporation by mail, courier, phone, or email.
Generally speaking, there are three forms that incorporation may take: a non-profit, for-profit, or an S corporation. While non-profit and for-profit are perhaps self-explanatory, the notion of an S corporation may require some explanation.
S corporations are domestic corporations that are eligible to avoid cumbersome double taxation to both the shareholders and the corporation alike. They are taxed on capital gains and passive income, but given exemptions from other federal income tax. On tax returns, the S corporation's shareholders include their share of the corporation's separately stated entities of income, deduction, loss, and credit, along with their share of non-separately stated income or loss of income.
S corporations are taxed on estimated capital gains, built-in gains, the excess net passive income, and investment credit recapture. In terms of eligibility, S corporations need to clear the requirements with the IRS and receive their designations before incorporating in Florida.
If incorporation sounds like a daunting task, you may consider contacting a professional consultant or law firm to assist you. Of course, it will be more expensive than completing the process yourself; however, you will gain peace of mind knowing that the process was completed correctly.
incorporating in florida info helps big and small businesses learn the benefits of incorporating in the Sunshine State, and also provides detailed information and advice about the Florida Department of Incorporation. Incorporating in Florida Info is the sister site of incorporating in florida info.
move in cleaning service Lake Forest ..Do you operate your business as a series of projects,... Read More
How do you know when an alliance needs to be... Read More
A consultant must remember that the business belongs to the... Read More
How do you find the best business partners?Finding a good... Read More
If you're serious about wanting to start a business, the... Read More
Deciding to start your own franchise is just one of... Read More
Get maximum results with minimum effort. Sounds great doesn't it?... Read More
Buyers want both online and local information about where to... Read More
How far away is the person you need to meet?We... Read More
After over thirty years advising small business it still comes... Read More
If you plan to upgrade your workshop into an Authorized... Read More
Everyday more web based companies enter the business scene. The... Read More
New Franchisors and Entrepreneurs need to watch out as they... Read More
Most small business owners seek advisors who can help them... Read More
Researching information for a recent business plan, I came across... Read More
Many years ago, I had warned the carwash industry of... Read More
In the heavy equipment cleaning business you can make good... Read More
Where do you find the right people for a business... Read More
Recently one of my customers told me the chaos swirling... Read More
When you hear the word "success" does it bring on... Read More
For many small businesses, the "S" corporation is the business... Read More
The book, "Become the Squeaky Wheel," by New Hampshire author... Read More
The key to organizational focus and helping those who need... Read More
Last summer the FTC put forth a report and then... Read More
The success of your business is critically dependent on how... Read More
pet-friendly home cleaners Glenview ..The easiest way to lift profits is to cut the... Read More
The Boston suburbs seem to be rich with possible locations... Read More
So you want to get into the auto detailing business... Read More
Mr/Ms, 'not me' is often on holidays in your business.... Read More
Financial Consultants are one of the fastest growing industries today.... Read More
In this paper, I will:1. provide a framework for creating... Read More
Just as you are about to say "good-bye" to your... Read More
Ok, you have successfully accomplished your dream of being the... Read More
As a practitioner and student of Small Business Marketing, I... Read More
Why should you describe your business to others in 5... Read More
Pet Transportation Services are needed as the number of pets... Read More
Most of us remember going to at least one garage... Read More
Here are some useful tips on how to select a... Read More
Congratulations, you are starting a small business! You are taking... Read More
Writing a business plan is a fundamental step to ensuring... Read More
Most business owners do not think of selling their companies... Read More
You've heard marketing and advertising gurus quip, "Sell the sizzle,... Read More
There are many potential niches for pressure washing companies that... Read More
Everyone wants to succeed in life. Most people want to... Read More
It's a commonly quoted statistic: 80% of all small businesses... Read More
Many years ago, I had warned the carwash industry of... Read More
Costs of over regulation and over disclosure end up hurting... Read More
Have Some Time to Yourself One of the most important... Read More
Here's why 'WHY' is such a profit-making marketing trigger."Stop taking... Read More
The temporary staffing industry continues to expand, with yearly double-digit... Read More
Small Business |