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Forming an LLC in Florida Check to ensure your LLC name is available. You can do this by searching the Florida Division of Corporations. ... Name a registered agent. ... Decide on the type of entity you want. ... Pay the filing fee. ... Craft your operating agreement. ... Obtain your Employer Identification Number (EIN).
A domestic LLC with at least two members is classified as a partnership for federal income tax purposes unless it files Form 8832 and elects to be treated as a corporation.
LLCs protect the owner's assets, similar to a corporation, but they are much more flexible to run. For example, an LLC can be a single-owner business, a partnership, or a multi-member structure, and there are no limits to the number of members in an LLC.
In a member-managed LLC, all members do their part in managing the company and often have equal voting rights. It is important to note that multiple-member LLCs in Florida are considered to be member-managed unless otherwise specified.