Florida LLC Agreement - Open Source
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How to fill out LLC Agreement - Open Source?
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FAQ
You can file your Articles of Organization online on the Sunbiz.org website, mail in a form or have Incfile do it on your behalf for free. The State of Florida charges $125 to start an LLC: $100 to file your Articles of Organization and $25 to designate your Registered Agent.
The operating agreement for an LLC does not need to be notarized. If you make changes to the operating agreement once it has been agreed to by all members/owners, retain the original copy and save the changes as a new version.
What's included in an Florida operating agreement? Name and Purpose. LLC Management - Member or Manager. Registered Agent. LLC Duration. Capital Contributions. Indemnification. LLC Tax Status. Profit and Loss Distributions.
The operating agreement should include the following: Basic information about the business, such as official name, location, statement of purpose, and registered agent. Tax treatment preference. Member information. Management structure. Operating procedures. Liability statement. Additional provisions.
The laws in Florida don't require an LLC to use an Operating Agreement. Instead, the owners of the LLC can operate the business as they choose, as long as they follow the requirements and limitations of business laws in the state.
This can cause conflict amongst members, particularly if a legal dispute arises. If you do choose to draft an LLC Operating Agreement for your Florida LLC, there is no requirement for it to be notarized.
Florida's requirements include: Registered agent. LLCs must list the name and address of a registered agent with a physical address (no post office boxes) in Florida. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
Although most states do not require the creation of an operating agreement, it is nonetheless regarded as a critical document that should be included when forming a limited liability company. Once each member (owner) signs the document, it becomes a legally binding set of regulations that must be followed.