To form a limited liability company (LLC) in Florida, you need to file articles of organization with the Florida Department of State. The articles of organization must include:
- The name of the LLC
- The name and address of the registered agent
- The purpose of the LLC
- The member or manager-managed structure of the LLC
Along with the articles of organization, you must also submit a filing fee.
The benefits of forming an LLC in Florida include:
- Personal liability protection for the members
- Pass-through taxation
- Flexibility in management structure
- Fewer formalities and record-keeping requirements compared to a corporation
However, there are some potential limitations and exceptions. For example, while an LLC offers limited liability protection to its members, this protection may be lost if the member does not observe the legal formalities of the LLC or engages in wrongful acts that result in liability. Additionally, an LLC may not be the best choice for every business or individual, and it may be important to consult with a licensed attorney to determine the best legal structure for the particular situation.
If you are considering forming an LLC in Florida, it is important to consult with a licensed attorney to ensure compliance with all applicable laws and regulations. A lawyer can also provide guidance on the best legal structure for your business or individual circumstances.
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