Florida law allows for the following: – “LLC” (most common) – “L.L.C.” – “Limited Liability Company” • Your Florida LLC name cannot include a designator that makes it sound like a different type of legal entity. Gather all information required to complete the form. The New LLC Act introduces a number of improvements and additions to Florida statutory LLC law. You will find below the key extracts from The Florida Revised Limited Liability Company Act along with the full act. This is a departure from existing law, which defines a member as a person with an economic interest in the LLC. The minimum information required for the articles includes the LLC name, its principal business and mailing address, and the name and address for the LLC’s registered agent, managers and manager-members. In addition, wages paid to a child, or Reference: Section 443.036(20), Florida Statutes, Florida Department member of an LLC who performs services for an LLC classified as a corporation for federal income tax purposes is deemed by law to be an employee of the LLC and should 605.0101. Reference to external facts. The Florida Revised Limited Liability Company Act is the primary legislation that regulates registration and operation of limited liability companies in Florida. If the LLC filing its federal income tax return as a partnership has other employees, the LLC itself must register and pay tax on the wages Once a partnership votes on the change to an LLP and agrees to amend the partnership agreement, the partnership can file a statement of qualification. be reported on the LLC’s Employer's Quarterly Report Florida LLC law also requires the filing of an annual report between January 1 and May 1 that provides current information on the LLC’s registered agent, managers and managing-members. For example, a son would have to be the son of all, not just some, of the partners to be exempt. 605.1004. CHAPTER 605. For a partnership, the family member employed must have Is a 501 C 3 Organization Exempt From the Sunshine Law? Greenberg Traurig: New Florida Limited Liability Company Act, Florida Senate: Florida Statutes 608.407 Articles of organization, Florida Senate: Florida Statutes 621.051 Limited liability company organization, Florida Senate: Florida Statutes 608.503 Application for certificate of authority, Florida Senate: Florida Statutes 608.502 Consequences of transacting business without authority, Florida Department of State: Filing Instructions and Forms for LLC, Florida Department of State: Articles of Organization for Florida Limited Liability Company or LLC, Florida Department of State: Online Annual Report Filing. the same relationship to all partners to be exempt. 5050 West Tennessee Street, Tallahassee, FL 32399. Whether you are starting a business or incorporating a business already in existence, you'll want to understand the state requirements for LLC formation. 605.0109 - Powers. 605.1005. If the LLC files its federal income tax return as a: C corporation or an S corporation, the LLC is treated as a corporation and members of the LLC are employees if they perform services for the LLC.
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