Florida corporations must have one or more directors. Residence requirements. Directors do not have to be residents of Florida.
Yes. It is possible to start a company in Florida as a foreigner or non-US resident and the process for company registration will be quite similar to that of a domestic or foreign entity formation.
For example, every corporation must appoint directors and corporate officers (President, Secretary, Treasurer, etc.).
"There are plenty of good reasons why so many people start businesses in Florida, including the fact that it has the 11th-highest business revenue growth rate and the tenth-lowest corporate taxes," the report says.
Corporate bylaws are legally required in Florida. Florida law requires corporations to adopt bylaws.
How to Start an S Corp in Florida Step 1: Choose a Business Name. Florida business owners must choose a business name that is distinguishable within the Florida Department of State records. Step 2: Articles of Incorporation. Step 3: Apply for a Business License. Step 4: Obtain EIN. Step 5: Complete and Submit IRS Form 2553.
The officers of the corporation shall be a chief executive officer, a president, a vice president, a secretary, a treasurer, and any other officers and assistant officers as may be deemed necessary, and as shall be approved, by the board of directors. Any two or more offices may be held by the same person.
In Florida, a corporation is only required to have at least one director, however you are permitted to have more. That same person may also be the only shareholder and officer.