Information On Starting a New Business
Sole Proprietorships and Partnerships
To create a Sole Proprietorship or a Partnership you will need to obtain a fictitious name (DBA) then get a business license with the county you work in. You may then get a Florida Tax ID number from the Department of Revenue.
Florida Incorporation Service offers the filing of a DBA/Fictitious name with the Florida Department of State. We will provide contact information to the county to obtain your business license and to obtain the Resale Certificate with the Florida Department of Revenue when we email you the DBA confirmation.
Incorporating Your Business
To incorporate (which gives you limited liability as a corporation or LLC) you will need to file for Articles of Incorporation for your new entity, then you may obtain a Tax ID number (EIN) from the IRS and a business license from the county you are working in. You may also obtain a Florida Tax ID number from the Department of Revenue.
Florida Incorporation Service offers the filing of a corporation or an LLC with the Florida Department of State. We also offer the Employer Identification Number (EIN) from the IRS, a certificate of status, an embosser, stock certificates (Corporation) or certificates of ownership (LLC), a company kit and Registered Agent service as part of our a la carte items in the registration. Each of these items are explained in depth in our Common Questions section and are priced separately.
We will provide contact information to the county to obtain your business license and to obtain the Resale Certificate with the Florida Department of Revenue when we email you the LLC or corporation confirmation.
You may apply for a secondary name or DBA at the same time you file for your Corporation or LLC, but if you apply for a fictitious name BEFORE you create your corporation or LLC, it will NOT be attached to the corporation or LLC.
Florida Incorporation Service offers the filing of a DBA/Fictitious name as part of the corporation or LLC registration if you are planning on doing business as a different name then the legal entity you are creating.
Why Form a Corporation or LLC?
The single most important reason people cite for forming a corporation or LLC when they do business is to safeguard the personal assets of the owners — that is the shareholders, stockholders or member of the corporation or LLC — against potential claims from creditors. Sole proprietors and general partners in a partnership are personally liable for all debts and obligations of their business, including loans, accounts payable, and liability from defective products.
You may wish to check the IRS website for additional explanation of what the different structures might mean to your tax situation.
If our Common Questions or the IRS website does not give you enough information about taxes, please contact your accountant or CPA for more personal and in depth assistance.