Florida Small Business Startup Package for S-Corporation

Category:
State:
Multi-State
Control #:
US-P107-PKG
Format:
Word; 
Rich Text; 
PDF
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Description

The package is designed to assist an S corporation in running the corporation by providing a large selection of necessary and commonly used forms at a greatly reduced price. The forms provided are valuable tools to ensure the smooth operation of typical business affairs. Purchase of this package is a savings of over 75% off the price compared to purchase of the forms individually!


The documents in this package include the following:



Profit and Loss Statement - This is a general Statement of Profits and Losses for a company. It lists in detail, all profits, or gains, as well as all losses the business may have suffered. This form can be used by any type of company, whether a corporation or a sole proprietor.







2553-S Corp Election for Small Business - This form is used to be treated as a subchapter S corporation by the IRS.



General Trademark License Agreement - This form is a Trademark License Agreement. The licensor is the owner of certain trademarks and the licensee desires to use the trademark on the terms and conditions set forth in the agreement. The licensor agrees to grant to the licensee an exclusive worldwide right and license to use the trademark in connection with the licensee's product.



Investor Stock Purchase Agreement - This is a form authorizing the sale of stock to investors in a company. Detailed provisions cover the representations and warranties of both parties, as well as the specifics of the transaction.



Amendment to Bylaws - This is an Amendment to the Bylaws form, to be used across the United States. This is to be used as a model, and should be modified to fit one's own personal needs.


Job Invoice-Short - This form is a job invoice form. It contains provisions for a job description, starting date, completion date, date and hours worked, list of materials and costs, and an itemized statement of total due for materials, labor, and other.








Employment Agreement - General - This form is used when an Employee agrees to be employed by Employer, and the Employer agrees to employ the Employee, for the purpose of performance by and on behalf of Employer services as may be reasonably requested from time to time by the Employer. The agreement contains provisions for compensation, confidentiality, non-competition and breach of contract.



Employment Agreement with Covenant Not to Compete - This form is used when an Employee agrees to be employed by an Employer, and the Employer agrees to employ the Employee, for the purpose of performance by and on behalf of the Employer as may be reasonably requested from time to time by the Employer. This agreement contains a covenant not to compete clause.



Self-Employed Independent Contractor Employment Agreement General - A company agrees to hire a contractor to perform work on the terms and conditions set forth in the agreement. The contractor agrees that all financial and accounting records will remain the confidential property of the company. The form also provides that the company will reimburse the contractor for all reasonable and necessary expenses incurred by the contractor with the performance of his/her duties.



Secrecy, Nondisclosure and Confidentiality Agreement by Employee or Consultant to Owner - The first party has possession of proprietary information and know-how relating to an idea, product or service, and wishes to employ the second party but desires that the second party agree not to disclose information learned by second party during such employment. Both parties agree that all information, ideas, products or services, processes, written material, samples, models and all other information of any type, whether written or oral, submitted to the second party by the first party is now, and will remain, the property of first party.



Drug Testing Policy Disclosure and Consent Form - This form explains the drug testing policies of a particular company and includes a consent form.



Employee Permission to Do a Background Check - This is a form signed by an employee or prospective employee granting an employer permission to do a background check.



Employment Position Announcement - This form is a business type form that is formatted to allow you to complete the form using Adobe Acrobat or Word. This form allows an employer to announce that applicants for a position with the company are being sought.


Consultant Agreement - This form is a Consultant Agreement for use with consultants exposed to commercial trade secrets or other confidential information as part of their work with a business.


Internet Use Policy - This agreement is to be signed by an employee upon the request of a company concerning the proper uses of internet access. The agreement defines acceptable uses and states that the inappropriate use of the Internet may lead to denial of access or other action by the company.



Also included in this package are: Employment Termination Agreement, Cash Disbursements and Receipts, Check Request form, Daily Accounts Receivable, Yearly Expenses by Quarter, Petty Cash Form and Purchasing Cost Estimate

Description: The Florida Small Business Startup Package for S-Corporation is an all-inclusive solution designed to help to aspire entrepreneurs establish their own business entity in Florida. This comprehensive package encompasses all the necessary documents, filings, and registrations needed to form an S-Corporation, providing a streamlined process for startup success. Keywords: Florida, Small Business, Startup Package, S-Corporation, entrepreneurs, business entity, documents, filings, registrations, streamlined process, startup success. Types of Florida Small Business Startup Packages for S-Corporation: 1. Basic Startup Package: This package includes the fundamental services required to establish an S-Corporation in Florida. It covers the preparation and filing of the Articles of Incorporation, obtaining an Employer Identification Number (EIN) from the Internal Revenue Service (IRS), and filing the necessary paperwork with the Florida Department of State. 2. Compliance Startup Package: Building upon the Basic Startup Package, the Compliance Startup Package focuses on ensuring legal compliance for the S-Corporation. It includes drafting corporate bylaws, preparing initial organizational minutes, and providing guidance on meeting the state's ongoing filing and reporting requirements to maintain good standing. 3. Upscale Startup Package: The Upscale Startup Package offers additional comprehensive services tailored to meet the specific needs of the entrepreneur. Alongside the services provided in the Basic and Compliance packages, it includes assistance with tax planning, obtaining relevant licenses and permits, and guidance on corporate governance. 4. Professional Startup Package: Geared towards entrepreneurs who require more in-depth guidance and support, the Professional Startup Package goes beyond the usual startup essentials. In addition to the services offered in previous packages, it provides consultations with legal experts, assistance with contract drafting, and provides helpful resources for business owners to navigate through the complexities of starting an S-Corporation in Florida. These packages serve as a one-stop solution for entrepreneurs looking to establish an S-Corporation in Florida. By choosing the most suitable package, they can ensure that their business startup process is smooth, compliant, and well-guided from its inception. Whether opting for the Basic, Compliance, Upscale, or Professional Startup Package, entrepreneurs can save time and mitigate potential legal mistakes by relying on professional assistance throughout the business formation journey.

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FAQ

Operating as an s-corporation means you will keep more money from the corporation, while still being protected from the personal liability of the company. Although c-corps are subject to double taxation, s-corps are not. Instead, s-corporations are pass-through entities.

To apply for an S-Corp election, you must file a Form 2553 Election by a Small Business Corporation. The same form can be used by Florida corporations and Florida LLCs. The Form 2553 requires you to enter an EIN for your company. If you have not applied for an EIN, you must do so.

The S corporation structure can be especially beneficial when it comes time to transfer ownership or discontinue the business. These advantages are typically unavailable to sole proprietorships and general partnerships. S corporation advantages include: Protected assets.

Many new business owners choose to hire an S Corp lawyer to help incorporate the business. This process includes drafting essential documents and filing these documents with the IRS. Based on ContractsCounsel's marketplace data, the average cost of an S Corp is $1,200.

The annual tax for S corporations is the greater of 1.5% of the corporation's net income or $800.

There are filing fees which cost $35.00, and a Registered Agent Designation fee of $35.00. Together, the required fees cost $70.00 to start an S corp. There are two optional fees which you may choose to pay. If you want a Certificate of Status, there's a fee of $8.75.

The fee typically charged will vary by state between $800 and $1,000. Some states, like Nevada, don't charge a franchise tax fee, making them an alluring place to do business. Miscellaneous government filing fees: Government filing fees may vary from $50 to $200 depending on the state and the type of business.

Personally, I think if your business is making more than $60,000 in profit every year, then you should look into forming an S corp. Keep in mind that we're talking about taxable income, not gross revenue. Your gross revenue is all the money you make from your products and services.

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May 13, 2023 — How to Start an S Corp in Florida · Step 1: Choose a Business Name · Step 2: Articles of Incorporation · Step 3: Apply for a Business License · Step ... 1) Understand What A S-Corp In Florida Is · 2) Ensure The Business Meets The S-Corp Requirements · 3) Choose a Name for The Company · 4) File Initial Paperwork · 5) ...If you start an S Corp in Florida in 5 Steps, it can help propel your small business to the next level, but if you're looking to incorporate ... New Business Start-up Kit · General Information · Sales Tax and Use Tax · Corporate Income Tax · Reemployment Tax · Florida's New Hire Reporting Center. Dec 14, 2022 — If you meet IRS requirements, you can elect S-corp status by filing Form 2553, Election by a Small Business Corporation. If you file paperwork ... Jun 30, 2023 — Name Your Business; Choose a Registered Agent; File the Florida Articles of Organization; Create an Operating Agreement; File Form 2553 to Elect ... Jan 6, 2023 — If you want to save money on your business taxes, this guide will help you understand all the steps to file taxes as an S Corp. The first step in the process of starting an S-Corp in Florida is choosing a unique and relevant business name. You need to check the state database to ensure ... May 18, 2023 — Learn how to start a business in Florida. We'll walk you through each step of the process so you can launch your new venture quickly and ... Mar 16, 2021 — Additional Essentials for Starting an S Corp · Business License Research Package to identify your required licenses and permits · Payroll Tax ...

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Florida Small Business Startup Package for S-Corporation