If you are planning to operate a limited liability company (LLC) in Florida, you need to know the costs involved in registering your business with the Florida Secretary of State's office.
The fees listed below are in effect as of May 31, 2018. Both the type and amount of fees are subject to change at any time.
For the most up-to-date information on the forms and fees for LLCs operating in Florida, see the Secretary of State's website.
The Cost of Starting an LLC in Florida
To form a new LLC in Florida, you need to file Articles of Organization with the Florida Secretary of State's office and pay a $100 filing fee.
If you need a certified copy of the Articles of Organization, there is a $30 fee.
There is a $5 fee for a Certificate of Status—also called a certificate of good standing in some other states—which is simply a written verification that your LLC is currently authorized to do business in Florida.
A Certificate of Status or a certified copy of the Articles of Organization is sometimes required for business transactions such as opening a business bank account or obtaining credit.
Your LLC must designate a registered agent in Florida. If your LLC meets the requirements for having a properly staffed office in the state, you may be able to have an owner or employee serve as the in-house registered agent.
Otherwise, you need to hire an outside registered agent, which usually costs between $50 to $500 per year. You must also pay a registered agent fee of $25 to the state, regardless of whether you have an in-house or outside registered agent.
The Cost to Register a Foreign LLC in Florida
If your LLC was formed in another state and you wish to conduct business in Florida, your company must register with the Florida Secretary of State's office as a foreign LLC.
To do this, file an application to register and pay a filing fee of $100, as well as the $25 registered agent fee.
The same fees apply for the certified copy of the Articles of Organization and the Certificate of Status as mentioned above.
The Annual Cost for an LLC in Florida
There are continuing fees for an LLC operating in Florida, although only some of them are recurring.
By May 1 of each year after its initial filing, the LLC must file an annual report and pay a fee of $138.75.
If the annual report is filed after May 1, the filing fee goes up to $538.75. There is a $50 fee for filing an amended annual report.
Therefore, if you can't file an accurate annual report by May 1, you can save money by filing an inaccurate one by that date and then submitting the amended version when accurate information becomes available.
If certain changes are made by the LLC, such as amending the Articles of Organization or changing the registered agent, the Secretary of State's office must be notified on the appropriate form and a fee must be paid. This fee is $25 for most changes.
There are also fees for less common changes, such as converting the LLC to another type of entity or merging two LLCs.
The basic total cost of forming or registering an LLC in Florida is $125, which includes the fees for filing the Articles of Organization and the registered agent designation.
Adding the optional expenses of a certified copy of the filing document, a certificate of status, and hiring an outside registered agent, the total cost comes out to between $210 and $660. The basic total yearly cost for the ongoing operation of a Florida LLC is $138.75 for the annual report.