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If you’re thinking about forming a corporation in Florida, you’ve likely done some research on how to do it. In this article, we’ll guide you through the process of creating a C Corporation using examples from our own personal experience. We’ll show you which steps are necessary to take, what paperwork needs to be filed, and how long it will take before your business is ready to go!
Choose a unique name for your corporation. The name must be distinguishable from similar names, and cannot be the same or too similar to another person’s registered mark. In addition to being unique, you should also check the availability of your preferred business name in Florida by using the free search on this page. If the name is already taken by another company, you will have to find another choice for yours.
There are some restrictions on what kind of words can appear in a corporation’s name:
The board of directors is the governing body of your C corporation. Directors are responsible for making important decisions on behalf of the company, such as approving budgets and hiring key executives.
The minimum number of directors required by law is three, which can be increased up to a maximum of 15. To appoint new directors, you must submit an amendment proposal to the State Division of Corporations with proper authorization forms signed by at least two existing shareholders (or members). Please visit our website for more details about how to form a corporation in Florida and other topics related to starting your own business here!
The next step is to file paperwork with the state. This is done by filing a Certificate of Formation with the Florida Department of State, an assumed name certificate with the Florida Department of State and an annual report. You can find all three forms on their website at [https://www.sunbiz.org](https://www.sunbiz.org).
Once you are ready to issue shares, you will need to determine how many shares of stock you want to sell. For example, if you wanted your company’s founder to hold 50% of the outstanding stock, only a half-million dollars would be required for this purpose.
Depending on the value of each share that is issued and whether it is preferred or common stock, the dollar amount can fluctuate greatly based on these facts alone. In addition to these considerations, though not as important in terms of determining how much money needs to be raised during incorporation proceedings:
Incorporating in Florida is a fairly straightforward process, and it’s pretty much the same regardless of whether your business is only going to be selling products or providing services. If you’re not sure what type of entity best suits your business, check out this article by Inc Magazine on how to choose between an LLC and S Corporation. Once you’ve chosen a structure, it’s time to move forward with forming your corporation in Florida!
There are two ways to form a corporation: entity formation (where we use an existing business name) or company formation (where we create our own unique name). If you already have a company name that fits with what you’re doing and has all the necessary elements for being registered as a C Corporation (such as having “Inc.”, “LTD”, or “LLC” at the end), then we’ll use that when registering as well! Otherwise, we can discuss which type of entity works best for your needs before moving forward with forming one – just let us know what questions are burning holes through your bank account today 🙂
The process of forming a C Corporation in Florida is not difficult, but it does require some work and planning. You’ll need to choose a name for your corporation, appoint directors, and secure a registered agent. From there, you’ll need to file paperwork with the state as well as draft bylaws for your business. Finally, you’ll issue shares of stock to investors who want to own shares in your company.
Register Your Trademark & Get The Delivery of your USPTO Serial No. In 24 Hours
Register Your Trademark with USPTO Today & Get Serial No. in 24 Hours