Florida is a popular state for LLC formation thanks to no state income tax, moderate filing fees, and a straightforward online filing process.

Quick answer: File Articles of Organization with the Florida Division of Corporations for $125. No state income tax. File an annual report by May 1 each year ($138.75). Total first-year cost: $263.75. Processing takes 2–3 business days online at Sunbiz.org.

Florida LLC at a Glance

Detail Info
Filing fee (Articles of Organization) $125
Annual report fee $138.75
Late filing penalty $400
State income tax None (individual)
Processing time 2–3 business days (online)
Where to file dos.myflorida.com/sunbiz
Operating agreement Not required by law, but recommended
Registered agent required Yes
Annual report deadline May 1

Total Cost Breakdown

Item Cost Frequency
Articles of Organization $125 One-time
Annual report $138.75 Annual (by May 1)
Registered agent (optional service) $100–$300 Annual
Operating agreement (DIY) $0 One-time
EIN $0 One-time
Total first year (minimum) $263.75
Total first year (with agent) $363.75–$563.75
Annual cost (after year 1) $138.75

Step-by-Step Formation

Step 1: Choose Your LLC Name

Requirement Details
Must include “LLC,” “L.L.C.,” or “Limited Liability Company”
Must be unique Search at sunbiz.org/search.html
Cannot include Words suggesting it’s a different entity type
Restricted words “Bank,” “Insurance,” “University” require approval
Name reservation $25 for 120 days (optional)

Step 2: Designate a Registered Agent

Florida requires every LLC to have a registered agent with a Florida street address.

Requirement Details
Must have Florida street address No PO boxes
Must be available during business hours To accept legal documents
Can be a member of the LLC You can serve as your own agent
Must consent to serve Signed acceptance required

Step 3: File Articles of Organization

Field What to Enter
LLC name Full legal name including “LLC”
Principal place of business Florida address
Mailing address Can be same as principal address
Registered agent Name and Florida street address
Manager or member info Names and addresses of managers (manager-managed) or all members (member-managed)
Effective date Filing date or future date (up to 5 business days)

How to file online:

  1. Go to dos.myflorida.com/sunbiz
  2. Click “Start a Business” → “Florida Limited Liability Company”
  3. Fill out the Articles of Organization
  4. Pay $125 filing fee (credit card or check)
  5. Receive filed articles via email (2–3 business days)

Step 4: Create an Operating Agreement

Florida does not legally require an operating agreement, but creating one:

  • Defines ownership percentages and profit distribution
  • Establishes management structure and voting rights
  • Protects your limited liability status
  • Required by many banks to open a business account

Step 5: Get an EIN

Detail Info
Apply at irs.gov/ein
Cost Free
Processing Instant (online)

Step 6: Open a Business Bank Account

Bring your filed Articles of Organization, EIN confirmation letter, operating agreement, and government ID.

Florida LLC Taxes

Tax Rate Notes
State income tax (individual) 0% Florida has no personal income tax
State income tax (corporate) 5.5% Only applies to C-Corps, not pass-through LLCs
Federal income tax Pass-through Taxed on member’s personal return
Self-employment tax 15.3% Federal, on active member income
Sales tax 6%–8.5% State 6% + county surtax (up to 2.5%)
Reemployment tax 0.1%–5.4% If you have employees
Factor Florida Texas California Wyoming
Filing fee $125 $300 $70 $100
Annual fee $138.75 $0 $800+ $60
State income tax 0% 0% Up to 13.3% 0%
First-year total $263.75 $300 $870+ $160
Annual cost $138.75 $0 $820+ $60

Annual Report Requirements

The annual report is the most important ongoing requirement for a Florida LLC.

Detail Info
Due date May 1 each year
Fee $138.75
Late filing penalty $400 (added to the $138.75)
Failure to file Administrative dissolution (after September deadline)
How to file sunbiz.org → “Annual Reports” → “File Annual Report”
What’s included Business address, registered agent, member/manager info

Timeline for missed filings:

Date What Happens
January 1 Annual report filing opens
May 1 Deadline — $138.75 fee
May 2 Late — fee becomes $538.75 ($138.75 + $400 penalty)
Third Friday in September LLC administratively dissolved if not filed
After dissolution Must file for reinstatement ($138.75 + $400 late fee)

Florida-Specific Considerations

Topic Details
Sunbiz website Main portal for all Florida business filings
Florida series LLC Not available (unlike Texas, Delaware, Nevada)
Professional LLCs Required for licensed professionals (doctors, lawyers, CPAs)
Foreign LLC registration Required if your LLC is formed elsewhere but does business in FL
Sales tax permit Free — apply at floridarevenue.com
County business tax Some counties require a local business tax receipt

Common Mistakes

Mistake Consequence
Missing May 1 annual report deadline $400 late fee
Not filing by September Administrative dissolution
Not collecting sales tax Penalties and back taxes
Operating without local business tax receipt Fines from county/city
Mixing personal and business funds Pierced corporate veil

Advantages of a Florida LLC

Advantage Details
No state income tax Members keep more profit
Moderate filing costs $263.75 first year vs. $870+ in California
Charging order protection Strong creditor protection for LLC members
Business-friendly courts Efficient commercial litigation
No publication requirement Unlike New York
Growing economy Population and business growth

Bottom Line

Florida offers a business-friendly environment with no state income tax and moderate LLC costs. The $125 filing fee is reasonable, and the $138.75 annual report is your main ongoing expense. The biggest risk is missing the May 1 annual report deadline — the $400 late fee is steep, and failure to file leads to dissolution. Set a calendar reminder for April each year.

Related: How to Form an LLC | LLC Cost by State | Best State to Form an LLC | LLC vs. Sole Proprietorship