Home
>
Small Business
>
A Look at Incorporating a Business in Florida

A Look at Incorporating a Business in Florida

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.

shuttle to Midway Beardstown .. Lockport Chicago limo O’Hare

In The News:

Kurt the CyberGuy breaks down whether it’s better to remove your personal information from the web yourself or use a data removal service.

Google’s scam detection features, powered by artificial intelligence, are a significant step forward in safeguarding Android users from fraud.

The FBI has issued a warning that scammers are impersonating doctors, police and banks using spoofed numbers as "smishing" texts surge nationwide.

Communities with unreliable internet service stand to gain after Amazon's Project Kuiper launched its first full batch of satellites into orbit April 28.

Tech expert Kurt “CyberGuy" Knutsson says unsubscribing from spam might actually backfire. Learn when to avoid it and stop junk effectively.

Tech expert Kurt “CyberGuy" Knutsson talks about how the first nonstop beating heart transplant, called zero ischemic time, at Taiwan hospital changes surgery.

Kurt “CyberGuy" Knutsson: FBI warns of "time-traveling" hackers.

Kurt “CyberGuy" Knutsson talks about a soft, vine-like robot called SPROUT that aids safe survivor rescues in collapsed buildings.

Health insurance giant Blue Shield of California confirmed it had been sharing private health data of 4.7 million users with Google for three years without even realizing it.

Delta and JetZero’s blended wing body aircraft marks a meaningful step toward a cleaner, quieter and more efficient future for air travel.

Recent reports show many common passwords can be cracked in literally seconds. Kurt the CyberGuy explains how to strengthen your passwords.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Iron, a robot that stands 5 feet, 8 inches tall and weighs 154 pounds, combines advanced artificial intelligence with human-like movement and exceptional vision.

Hertz, the rental car giant, recently confirmed that customer information was exposed through a cyberattack on one of its software vendors.

There are a number of features with AirPods you may or may not know about to take your listening experience to the next level. Kurt the CyberGuy explains.

These 35 Chrome extensions have privacy and security concerns. Tech expert Kurt “CyberGuy" Knutsson says to delete them now.

Tech expert Kurt “CyberGuy" Knutsson says 329,000 mph fusion rocket promises to be fast, disruptive and enable deep-space missions.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Tech expert Kurt “CyberGuy" Knutsson says a new autonomous AI is a game changer that also raises privacy risks. Is your data safe?

Tech expert Kurt “CyberGuy" Knutsson says robots and drones are revolutionizing fruit farming with faster picking and smarter handling.

Landmark Admin revises May 2024 cyberattack scope to show twice as many people were affected. Kurt “CyberGuy" Knutsson gives tips to help stay safe from an insurance data breach.

Tech expert Kurt “CyberGuy" Knutsson talks about how Yamaha’s hydrogen outboard motor could revolutionize boating with zero emissions.

Tech expert Kurt “CyberGuy" Knutsson reveals how to memorialize or remove a deceased loved one’s Facebook account and protect their digital legacy from misuse or scams.

Tech expert Kurt “CyberGuy" Knutsson says an Apple Watch saved psychiatrist Amanda Faulkner by detecting deadly leukemia early.

Scammers and fraudsters are increasingly targeting the most vulnerable, especially nursing homes and the personal data of their residents. Kurt the CyberGuy has safety tips.

A Look at Incorporating a Business in Florida

Small Business