filing. If Florida Incorporators, Inc. serves as Registered Agent for your company, you will simply need to review the Articles of Incorporation and contact us via email or phone with approval to send. If you are serving as your own Registered Agent, you will need to print out the emailed Articles of Incorporation, sign and fax them to us. Once received, we submit them to the State and the State expedites the processing of these filings within 24 hours in most cases. We usually receive the filing back from the State the following morning after submission. A rush form SS-4 (an extra $40) can be processed the same day you incorporate. The corporate kit
can reach you in as little as 48 hours. For non-rush orders, the time frames depend on whether you have us serve as Registered Agent. Where we serve as registered agent, articles are placed in the mail typically the same day they are received. Once the Secretary of State receives the articles in Tallahassee, they claim 7-10 working days processing time. Then there is mailing time back to Florida Incorporators, Inc., at which time we scan and email your Certificate and Filed Articles to you. The corporate kit
will then be ordered and will reach you in approximately 48-72 hours. If we do not serve as Registered Agent, there is also mailing time for the articles to reach Florida Incorporators, Inc. with your signature.
Unlike general partnerships, which exist and hold themselves out to the public with no formal naming requirements, formalized entities (corporations, limited partnerships, etc.) must provide notice to the public of their special character by including identification of their special status in their names. For that reason, business and nonprofit corporations typically use "Incorporated", "Corporation", "Inc.", or "Corp." as suffixes to their names. In Florida, for-profit corporations may also use "Company". Limited partnerships use "Limited" or "L.P.", and limited liability companies use "Limited Liability Company", or "L.L.C." Professional Associations, a species of for-profit corporations, use "Professional Association", "P.A." or "Chartered". Corporations are restricted from using a few words and phrases without authorization, including Professional Engineer, Land Surveyor, "insurance" or "bank" (and derivatives thereof), the name of a political party, Disney and Olympic. Otherwise, other than the use of one of the required endings and the requirement that the corporation's name not be deceptively similar to another corporation's or trust's name or someone else's trademark (or to a government agency's name), you can be as creative as you like! For a quick check of name availability, go to the
web site. Remember, homonyms are not considered distinguishable, nor will variant spelling, adding "of Florida" or using a different suffix resolve a name conflict. "Tasty Quick Company" and "Tastee Kwik of Florida, Inc." would be considered indistinguishable by the Department of State, so only one could be in use at any one time.
Congress determined that the tax laws should give small businesses a break. If your small business has no more than 70 shareholders (husband and wife in joint ownership count as one shareholder) who are all U.S. persons or qualified trusts, and issues only one class of stock, it typically can make an election to be treated as an S corporation. While this election can be made at any time, it is effective only for the following tax year unless made within 75 days of the inception of the corporation. The stockholders of an S Corporation include its losses (and gains, if any), on their personal tax returns. Typically, a startup company is formed as an S Corporation so that its owners can reduce their own tax bills. Later, as the corporation generates gain than it distributes currently, it converts to the standard "C" corporation and is taxed on its earnings; however, the shareholders' stock appreciates in value without current taxation, in part because of the retained earnings of the corporation. We can help you file for S Corporation status for an additional $35.
Can a Florida Corporation do business elsewhere?
There is no restriction on where a corporation from any state does business, other than the possible requirement to register to do business as a "foreign corporation" in other states, and restrictions on doing business in certain countries with which the U.S. does not maintain friendly relations (for example, Libya, Cuba and North Korea). In addition, there are tax disadvantages to doing business in some countries that participate in the Arab League boycott against Israel.
Any corporation doing business in the state of
Florida requires documentary stamps on stock in proportion to its par value, which can be very small. Most people are comfortable with stock having$.001 par value, and typically 1,000 shares of stock are sufficient to handle the potential ownership arrangements of a small company (fractional shares can always be issued), and round numbers have the added benefit of making it easy to calculate the percentage owned. If ownership will be more fragmentary, we recommend that the number of shares authorized be increased but kept at a round power of ten. Remember, too, that ownership by more than a small group people who are actively involved in the business may raise securities law issues best addressed by an attorney practicing securities law.
Not anymore. Formerly, for a fee of $35 we could reserve your company's name for 120 days, however, the legislature abolished this option several years ago.
A corporate kit is a sleeved 3-ring binder designed to hold the records of the corporation's formation, meetings, stock transactions, and its corporate seal (which comes with the corporate kit, along with a starter set of stock certificates, which is usually all that is ever needed). Together these items form the minute book of the corporation. If a corporation is being formed simply to open a safe deposit box that won't become inaccessible on the owner's death, a corporate kit really isn't necessary. If there will be an active and ongoing business with multiple stockholders, it is probably a good idea to have a corporate kit so that stock may be issued. We get our corporate kits from one of the largest suppliers of corporate kits, and we provide them at cost ($50) as a service to our customers.
KEY FACTS ABOUT FLORIDA INCORPORATORS, INC.
-
US Businesses
-
Companies in Florida
-
Pasco County Companies
- Company name
- FLORIDA INCORPORATORS, INC.
- Status
- Active
- Filed Number
- P95000095931
- FEI Number
- 650626727
- Date of Incorporation
-
December 15, 1995
Age - 29 years
- Home State
- FL
- Company Type
- Domestic for Profit
CONTACTS
- Website
- http://floridaincorporators.com
- Phones
-
(813) 632-7882
FLORIDA INCORPORATORS, INC. NEAR ME
- Principal Address
- 3147 DONINGTON CASTLE LN,
Land O Lakes,
FL,
34638,
US
See Also