Business License in Florida

If you have an idea and are wondering how to start a new business then you need to apply for new business formation after you have identified a business structure. What’s next once your business has been formed? Even after incorporation, you will not be able to operate or transact in the state till you apply for a business license in Florida. The licensing and permit requirements as well as the cost of a Florida business license can vary from one state to another, one county to another, and also according to the type of business activity. A business license also referred to as a permit in certain scenarios may also require a business to be compliant with zoning requirements. For example, repair businesses are normally not allowed near schools or clinics.

What business license do I need in Florida?

If you are planning to start a new business in Florida then there are several state requirements to fulfill and obtaining a business license in Florida is one of them. Now, you are probably wondering if all businesses require permits or licenses and the answer is that most businesses require some form of licenses although it is not mandatory for all. Licensing and permitting including the cost of obtaining a Florida business license will be dependent largely on two factors:

• The business activity or what your business does. This includes: retail, restaurants, hotels, travel agency etc
• The city or county from which a business operates, ie. the City of Orlando, Dade County, Pinellas County, and City of Sarasota among others.

General business license (business tax receipt)

If you are forming a startup in Florida then your business may require a general business license. This type of license is also known as a business tax receipt and is required by specific business activities. If your business indulges in activities like selling goods or services then you will be required to apply for and obtain a license for Florida business. This is irrespective of where you are operating your business from whether from a rented commercial space or from your home.

Business license/permits for specific industries or professions

Apart from the business tax receipt, most startups depending on their industry will need to apply for a business license in Florida. There are several industries and business activities that are categorized under the “regulated profession or business” and hence have to apply with the Florida Department of Business and Professional Regulation (DBPR). Some of the regulated profession or business as mentioned by DBPR includes the following:

• Alcoholic Beverages & Tobacco
• Real Estate Appraisers
• Architecture & Interior Design
• Hotels and Restaurants
• Certified Public Accounting
• Veterinary Medicine
• Electrical Contractors
• Construction Industry
• Harbor Pilots
• Engineers

Example: If you are planning to start a restaurant with seating capabilities then it will be categorized under “Permanent Food Service (Seating)”. In order to obtain a license for Florida business in food services, you will have to create a facility plan for sanitation and safety and it has to be approved by the Division of Hotels and Restaurants, Plan Review Office. Post approval, you will have to apply for a new “Seating Food Service Establishment license” using the Sunbiz business license DBPR portal. Now, if you want to keep a vending machine within the premises of the food establishment then you would have to apply for an additional Vending Machine license.

Want to know what business licenses you need for your Florida Company?

Obtaining Business Licenses in Florida

A business license is essential for most new businesses as it ensures the business is able to operate or transact in the said jurisdiction. You have to first identify your licensing requirements and then apply for a business license in Florida, which depends completely on the type of business activity, location of the business, and the industry. As a small business, you may be required to obtain a regulated industry license as well as a business tax receipt.

How do I get a business license in Florida?

There are primarily two types of licenses in Florida, which are general licenses also known as a business tax receipt and licenses or permits for regulated industries and professions. You need to first identify whether your business requires to obtain a license for Florida business in either categories or a single category. In certain cases, you may even require local permits and approvals from local fire, police, health and zoning authorities. If you have a company office like a retail outlet in different counties or cities then you will have to apply for a local business license in each of those cities or counties. Similarly, you have to apply for Florida business license renewal in each of the counties or cities.

Application for a General business license

A general business license in Florida is also known as a Business Tax Receipt (BTR) or even an Occupational License. A BTR is required by law or municipal ordinances as it is issued by the local tax collector office in each city or county. In order to obtain a license for Florida business, you will have to apply with the Tax Collector’s Office in the city or county you are operating your business from.

Example: If your business is situated in Palm Beach County then you will have to apply for and obtain a license for Florida business from the Palm Beach County Tax Collector’s office. You will have to complete and submit the “Application for Local Business Tax Receipt” pursuant to County Ordinance No. 17-2. According to Sec. 17-17 of PBC Ordinance No. 72-7, you will not be issued any business tax receipt until you have complied with relevant county laws related to zoning, building, fire control, construction, and health. The cost of a Florida business license will vary according to the type of business activity and business tax will be generated accordingly.

What do you need to provide when applying for a Florida business license?

As a new business or startup, you will have to apply for a business license in Florida to make your company operational. Depending on the type of business activity, you may have to submit different types of documentation along with the permit or license application as well as for business tax receipts. The documents required are:

• Registration Documents – You will have to provide a copy of the Articles of Organization or Articles of Incorporation or any other formation documents depending on the form of business.
• Tax ID – One of the important documents required for new license application as well as Florida business license renewal is a copy of the Federal Employer Identification Number (EIN) or Tax ID Number. If it is not available then you can submit a copy of your Social Security Number (SSN).
• City Business Tax Receipt – If you are applying for a regulated business license in Florida and if your business is situated within the city limits then you will be required to provide a City Business Tax Receipt. If your business is situated outside city limits then a certificate of use from the Planning & Zoning Division will be required.

Do you want more information for your Florida Business Licenses?

How much does a business license cost in Florida?

There are two types of licenses in Florida; one is the small business license in Florida also known as the business tax receipt and the other is the license for regulated industries and professions. The cost of a Florida business license in either case would vary from one business to another and according to the business activity or industry.

For example: the license fee for a permanent food service or restaurant would be $262 for 1-49 seats and the fee for non-seating food establishments is $242 annually.

Renewing Florida Business License

Once you apply for and obtain a license for your Florida business, it is important to ensure it is renewed as and when required. If you have paid an annual license fee then it will be renewed annually and if you have paid a 1/2 year fee then you will have to apply for a Florida business license renewal after 6 months. If you fail to renew your business license or operate without obtaining a license then there can be fines and penalties for non-compliance and can even lead to business closure.

Need any Assistance in Obtaining Your Florida Business License?

If you are planning to start a new business in Florida state then it is important to obtain a license for Florida business to meet state compliances and make your business operational. Depending on the type of activity and industry, your company may require single or multiple licenses and permits. This is where the Business License Research Report service offered by IncParadise can be helpful towards providing you with information and guidance pertaining to licensing in the state.

Florida LLC Cost

A limited liability company is quite a popular form of business especially from the tax perspective. Also the cost to form a Florida LLC is lower than many other states. One of the important aspects of a limited liability company is that it can be treated by the Internal Revenue Service (IRS) as a corporation or a partnership depending on the number of members. You can even form a Florida LLC that is a single-member LLC and choose not to be treated as a corporation. In such a scenario, it will be treated as a disregarded entity.

Cost for forming an LLC in Florida

The cost to form an LLC in Florida is an important component that will help in determining your startup budget. It will be different from the formation costs of other types of business structures and includes a one-time new business registration fee and other important new business application fee.The Florida LLC formation costs initially would take into consideration the following:

• In order to form an LLC in Florida, you have to file Articles of Organization along with a filing fee of $100
• You have to reserve a business name prior to filing Florida LLC formation documents and the fee is $25
• You will be required to pay a “Registered Agent” fee upfront with the formation documents and it is $25
• If you require a Certified Copy of the articles then there is a fee of $30
• If you require a Certificate of Status then there is a fee of $5

Annual maintenance cost for a Florida LLC

If you are planning to form a limited-liability company in Florida then there is the initial cost and then there is the annual Florida LLC maintenance cost. The maintenance cost is minimal and only associated with the operational aspect of the business. There are different types of Florida LLC annual fees that you may be required to file to ensure active status. The annual maintenance expenses are:

• Once you have formed a limited liability company in Florida, you will have to apply for and obtain relevant business licenses and permits. The type of license and the fee will depend on the type of business activity. You may also require multiple licenses. These licenses or permits have to be renewed on a yearly basis and hence is an integral part of the Florida LLC annual fee.
• Once you have formed your new business, one of the most important Florida LLC maintenance costs is the annual report. The annual report fee is $138.75 and if you miss the due date then there will be a penalty of $400. Hence, any annual report filed after May 1 will have a fee of $538.75. The annual report has to be filed each year.
• Taxes are also an integral part of Florida LLC maintenance costs and tax returns have to be filed annually. There are different types of taxes that may be applicable like state sales tax and electricity tax among others.

Do you want to register a Florida LLC?

Florida Corporation Cost

The Florida Statutes enables the formation of different types of domestic and foreign corporations in the state. The laws are extremely flexible and friendly and along with a pro-business environment, strong infrastructure, and easy access to capital; Florida has become one of the top destinations for modern day entrepreneurs. If you incorporate in Florida, you will be able to benefit from several other benefits the state offers like low corporate income tax as compared to other states and a wide variety of business incentive programs and grants. These grants and incentives can help you to even offset the overall cost to form a Florida Corporation.

Cost of forming a Florida Corporation

The cost to form a Florida Corporation is an important aspect of new business formation as it will help you to determine the budget required to launch your company and make it operational. There is a one-time new business incorporation fee and then there are costs attached to various other aspects like marketing, staff recruitment, commercial space, and even office supplies. The annual cost for a Florida corporation can be categorized as under:

• You have to file Profit Articles of Incorporation and the filing fee is the same for both domestic and foreign corporations. The filing fee is $35 and is a one-time cost to form a Florida Corporation.
• You have to reserve a business name prior to file application to incorporate in Florida and the fee is $35.
• You will be required to file “Registered Agent Designation” application along with the articles and the fee for that is $35
• If you require a Certified Copy of the articles then there is a fee of $8.75
• If you require a Certificate of Status then there is a fee of $8.75

Annual maintenance cost for Florida Corporation

A for-profit business corporation is one of the widely chosen business structures in the state and the initial cost to form a Florida Corporation includes filing of articles, registered agent designation, and business name reservation or registration. There is also a Florida Corporation maintenance cost, which is basically a form of annual cost incurred by the company towards ensuring that the said company meets all state requirements. The different annual maintenance expenses are:

• Once you incorporate in Florida, you will have to apply for and obtain business licenses as well as permits. The type of licenses and the fees will depend on the type of business activity. You may also require zoning permits and county licenses depending on where your business is located. Business licenses have to be renewed on a yearly basis.
• Once you have formed your new business, one of the most important costs to form a Florida Corporation and maintain it is the annual report. If you miss the due date then there will be a penalty – any annual report filed after May 1 will have a penalty fee of $400.
• Once you incorporate in Florida, your company may be subjected to a variety of taxes and returns have to be filed annually.

Do you want to incorporate in Florida?

Need any Assistance in Forming Your Florida LLC or Corporation?

The cost to form a Florida LLC or a business corporation is an aspect that you need to consider prior to the incorporation or new business formation process itself. This will help you to plan your expenses or finances in a better way. You have to also take into consideration different incorporation and compliance requirements as specified by the Florida Statutes. We, at IncParadise can provide meaningful assistance if you are planning to incorporate in Florida or form an LLC and thus ensure you can start your business without any hiccups.

Florida Corporation

A traditional or C corporation is one of the oldest forms of business. There are specific advantages that this type of a business entity has and hence if you start a Florida corporation then you can leverage such advantages. Some of the biggest corporations based in Florida include Jabil Inc., Publix Super Markets Inc., Southern Glazer’s, H.I.G. Capital, World Fuel Services Corporation, L3Harris, and NextEra Energy Inc., among others. In order to start your business in the state, you will need to register your Florida Corporation online or offline but it is important to understand the different types of corporations that can be formed in the state. They are:

• C corporations
• S corporations
• Nonprofit corporations
• Professional Service corporation
• Social Purpose corporations
• Benefit Corporations

What is a Florida Corporation?

A traditional corporation also known as a C Corporation is one of the oldest legal entities in the world. If you incorporate in Florida then it would be an entity with its own rights as well as responsibilities. A traditional Florida corporation can be categorized in accordance to its tax status. Some examples of these categorizations include, a C-Corporation or an S-Corporation. A traditional corporation has the following:

• Directors – Whether you register a Florida corporation online or offline, directors are an important part of the corporate structure. They are elected by shareholders and are responsible for the overall planning and management of the company. For example, they are responsible for approving different types of corporate activities and transactions.
• Officers – They are specific persons hired or employed by the board of directors. They are mainly responsible for handling all day to day operations of the entity.
• ass=”mt5″>Shareholders – The shareholders are the owners of a corporation. Their ownership in the said corporation will be according to the apportioned ownership interest in the entity.

What are the benefits of incorporating in Florida?

Florida is a great state for startups as it has a pro-business environment and robust infrastructure. If you are planning to form a Florida Corporation then you can leverage several advantages including Foreign Trade Zones (FTZ) and Opportunity Zones. Some of the significant benefits of incorporating in Florida are:

• Helps in generating capital – Every company or new business requires capital to initially begin operations and to sustain its operations in the long-term. Once you form a Florida Corporation; you may also require capital depending on the type of business activity. This is one of the important benefits of incorporating in Florida and some of the options for small business loans or capital include Enterprise Florida Microfinance Guarantee Program, Angel investors, Venture capital, and Bootstrapping among others.
• Tax Climate – When you start a Florida corporation, one of the things you need to consider is the tax climate. Currently, Florida is ranked among the top 5 best states where a good tax climate is concerned. The state does not have an individual income tax and its corporate income tax rate at 4.50% is lower than New Jersey’s (11.50%), Pennsylvania’s (9.99%), Iowa’s (9.80%), Nebraska’s (7.81%), and Kansas’ (7.00%) among others.
• Business incentives – One of the benefits of incorporating in Florida is that the state offers a variety of incentive programs for different types of businesses as well as industries. Some of the top incentive programs include:
  • Capital Investment Tax Credit
  • High Impact Performance Incentive
  • Brownfield Incentives
  • Quick Response Training (QRT) Machinery and Equipment Sales Tax Exemption
  • Research & Development Equipment Sales Tax Exemption
  • Clean Energy Incentives
  • Research and Development Tax Credit

Know more about starting a Florida Corporation

There is a process to incorporate in Florida and more often than not, you will be face-to-face with questions that are integral towards making an informed decision. The questions may vary from benefits of incorporating in Florida to disadvantages or even dissolving a corporation. Hence, we have created this section of “Frequently Asked Questions” for addressing some of the most common queries that a startup or entrepreneur may have.

Why is Florida a great place to start a Corporation?

Florida is considered to be an excellent place to start a business especially if you are planning to start a Florida corporation. The state has a strong economy with a GDP of $1.1 trillion as of 2020. There are many benefits of incorporating in Florida like the pro-business state tax policy along with several high growth industries like agriculture, tourism, aerospace and aviation, life sciences, international trade, and financial services. There are several other reasons why entrepreneurs prefer Florida and they are:

• Overall low tax burden
• Access to investment capitalists and angel investors
• Consistent growth and revenue in the tourism sector
• Foreign trade zones and opportunity zones
• Variety of business incentive programs for small businesses
• Low startup costs
• Availability of small business grants

How much does it cost to incorporate in Florida?

If you are planning to register a corporation in Florida then there is a one-time cost of $70 for both domestic and foreign corporations and this includes a filing fee of $35 and registered agent designation of $35.

What are the annual costs associated with a Florida Corporation?

If you form a Florida Corporation then there are certain annual costs associated with new business formation pursuant to the 2019 Florida Statutes, Title XXXVI – Business Organizations, Chapter 607 – Florida Business Corporation Act. One of the important annual costs is that of an annual report and the fee is $150. Apart from the annual report, there will be other costs if you register a Florida corporation online like name reservation fee of $35. You will also need to obtain a business license or permit and the fee depends on the type of business activity.

Are there any disadvantages in forming a Corporation in Florida?

There are several aspects you need to consider in order to start a Florida corporation and these include advantages as well as disadvantages. Although the benefits of incorporating in Florida far outweigh the disadvantages, it is important to identify the same. The main disadvantages are:

• Double Taxation – Unlike an S corporation or a limited liability company, a C corporation is subject to double taxation. This simply means that a corporation is taxed on the profits and the shareholders on any distributions received from the business.
• Regulatory Complexity – If you register a Florida corporation online then you will be required to adhere to its strict regulatory requirements and that can reduce flexibility in many areas including to the company structure or minutes of the meeting.

Who can be a registered agent for your Florida Corporation?

The 2019 Florida Statutes, FL Stat § 607.0505 (2019) states that each domestic and foreign corporation transacting business in this state has to continuously maintain a registered agent. If you are planning to incorporate in Florida then you can hire IncParadise as we are well versed with the Florida statutes and requirements of incorporation. We can help you to file Articles of Incorporation in Florida and be compliant with annual business requirements and regulations. We are one of the top registered agents in the state and have assisted with the formation of more than 10,000 businesses.

Do all Corporations need a business license in Florida?

Yes. If you form a Florida Corporation then you will not be able to make your business operational until you apply for and obtain the relevant business licenses and permits. The type of business license required will depend primarily on the business activity and also on the location of the business as Florida issues both industry specific licenses and county licenses or permits. You can subscribe to our Business License Research Report service as it provides detailed information on several aspects of licensing in the state.

How to qualify a Foreign Corporation in Florida?

You can start a Florida corporation as a foreign entity but the process of incorporation would be different from that of a domestic entity. As a foreign corporation, you will not be able to transact in the state until you obtain a certificate of authority from the Department of State pursuant to FL Stat § 617.1501 (2019). This process is also known as Profit Qualification or Foreign Qualification. You will be required to submit an original certificate of existence and a cover letter along with the Application by Foreign Corporation for Authorization to Transact Business in Florid pursuant to FL Stat § 607.1503 (2019).

How do I dissolve my Florida Corporation?

Once you register a corporation in Florida, it becomes operational but if you want to close your business then there is a process that you will be required to follow. This process is called “dissolution” and you will be required to submit Articles of Dissolution pursuant to FL Stat § 607.1403 (2019). You can file these articles online (e-filing) or submit the Profit Articles of Dissolution application with the Amendment Section to the Division of Corporations along with a cover letter and filing fee of $35. It is important to note that the articles of dissolution for a corporation are different for corporations that have issued shares and those that have not issued any shares.

Ready to Start a Florida Corporation?

Florida is considered by entrepreneurs as one of the top states to register a new business. You can choose a wide variety of business structures although the benefits of incorporating in Florida makes the corporate structure extremely popular. There is a process to form a Florida corporation and it requires submission of documents and inclusion of information pertaining to the business.

LLC in Florida

Florida is home to 18 companies that have been featured in the Fortune 500 list and this includes Publix Super Markets, Tech Data, World Fuel Services, MasTec, Fidelity National Information Services, NextEra Energy, and Hertz Global Holdings among others. There are better known cities like Orlando and lesser known cities like Doral, which have captured headlines by dominating the list of most favored cities for startups in the state. Entrepreneurs and first time business owners are increasingly opting to locate their business or start an LLC in Florida especially in cities like Daytona Beach, Doral, Delray Beach, Weston, and Lauderhill among others.

What is Florida LLC?

If you are planning to form a Florida LLC then it is important to first identify what a limited liability company really is. It is in fact one of the most popular forms of businesses in Florida and across the nation owing to the number of benefits it has over other business structures. One of the salient aspects of an LLC is that there are several types of LLCs that you can choose from. Some of them are:

• Single-Member LLC or Sole Proprietorship
• Series LLC
• Member-Managed LLC
• Manager-Managed LLC
• Restricted LLCs
• L3C Company
• Anonymous LLC

What are the benefits of forming an LLC in Florida?

Entrepreneurs and new business owners prefer to start an LLC in Florida due to the many benefits this type of business structure has. Some of the top benefits are:

• Once you register a Florida LLC, you can enjoy several benefits. One of the primary advantages is that a limited liability offers protection. This is also known as “Limited Personal Liability” because it limits personal liability. This is possible as an LLC is legally separate from its owners and hence, a limited liability company is responsible for its own obligations and debts.
• Florida LLC rules are quite flexible and ensure business owners have less paperwork as compared to other forms of business like corporations.
• One of the biggest advantages of a limited liability company is “pass-through” taxation. If you register a Florida LLC then the income and expenses of the limited-liability company will be passed through to the personal tax returns of the owners or members.
• One of the salient aspects of the Florida LLC rules is that there is a lot of management flexibility. An LLC doesn’t require a formal structure and the owners enjoy more choices with regards to making decisions and how to run their businesses.
• Once you form a Florida LLC, you will be able to apply for a variety of business incentive programs administered by Enterprise Florida, local cities and counties like the City of Orlando, and Florida Department of Revenue among others.

Forming an LLC in Florida

Florida is a pro-business state that has been focusing consistently on aggressive economic development. The state has a potentially huge market for retail and manufacturing businesses as well as trade. If you are planning to start an LLC in Florida then there are several processes involved. We have explained each relevant process in a step-by-step manner as follows.

1. Choose Florida LLC name

The first step towards new business formation is identifying a name for your business. A Florida LLC can register a fictitious business name also known as DBA (Doing Business As) or reserve a business name. There are certain LLC naming guidelines that you are required to follow along with Florida LLC name search. The guidelines are:

• The chosen name should contain “limited liability company” or abbreviations like L.L.C or LLC pursuant to Florida LLC rules – FL Stat § 605.0112 (2013).
• The business name should be distinguishable from the names of any other entity that exists in the records of the Florida Division of Corporations except for fictitious name registrations.
• The chosen name according to Florida LLC rules should not contain any language that implies or states that the LLC in question is connected in any way with a Federal or state government agency.

2. Choose a Florida LLC registered agent

There is a process involved to start an LLC in Florida and this involves filing of the right documents, ensuring submission of correct information, and maintaining compliance with all state laws. As an entrepreneur not familiar with the business and legal landscape of Florida, you may face a certain level of difficulty where Florida LLC statutes regarding a new business are concerned. This is where a Florida LLC registered agent like IncParadise can provide valuable assistance.

3. File Articles of Organization with the Florida Division of Corporations

Now you have thought of a business idea so what next? In order to make the idea come to life, you need to choose a business name and structure, and then register the business in the state. If you plan to form a Florida LLC then the documentation required for registration is the “Articles of Organization” pursuant to FL Stat § 605.0201 (2013). The filing fee of the LLC formation documents is $125 and this fee includes designation of registered agent as well. As per Florida LLC rules, you will need to submit a “Cover Letter” along with the Articles of Organization that has to be mailed to the New Filing Section, Division of Corporations. We at IncParadise can assist you with the process of Florida LLC registration.

4. Prepare LLC operating agreement

An LLC operating agreement will be required if you are planning to start an LLC in Florida. It is a type of contract between the members or owners of a Florida limited liability company and it regulates the contributions of money by members to the LLC, distribution of company profits, and process of decision making within the organization. A reputable Florida LLC registered agent can provide guidance on the drafting of an operating agreement as it is quite similar to the Articles of Organization.

• The names of the members of the limited liability company
• The duties pertaining to monetary contribution or services by each member towards the LLC
• The distribution of profit made by the Florida limited liability company
• The percentage of membership interests that is being allotted to each member and the proposed method of interest valuation
• The economic interest of each member towards LLC profit and property
• Detailed voting requirements and voting procedure for decisions of the LLC
• The responsibility as well as extent of authority of the manager of the limited liability company
• The transferability of Florida LLC interest to various third parties
• Outline of the process by which the concerned Florida LLC will exit or wind up its business

5. Obtain EIN

EIN is known as the Employer Identification Number and also the Federal Employer Identification Number (FEIN). When you form a Florida LLC, especially a multi-member LLC then you will need to apply for and obtain a unique 9 digit tax ID number. This number is assigned by the Internal Revenue Service (IRS) and used by businesses for tax reporting purposes although there are several other benefits of EIN as well. You can apply for the Employer Identification number directly with the IRS and if you hire a Florida LLC registered agent like IncParadise then we can help you obtain this tax ID.

6. Obtain the necessary business licenses and permits

Florida has a robust economy, a strong infrastructure as well as a competitive tax climate, which makes it a favorite location for entrepreneurs to register a Florida LLC. Once you form a business in the state, among other requirements; you will need to apply for and obtain the necessary business licenses and permits. Depending on the type of business activity and industry, you will have to obtain your license from the State of Florida agencies like the Department of Business & Professional Regulation (DBPR) or with the county your business is situated in.

For example: If you start an LLC in Florida in Orange County then you will need to obtain a business tax receipt, which is like a business license. Now, if you plan to start a restaurant that serves food and liquor then you will require multiple licenses and permits. You will have to ensure you are compliant with Florida LLC rules pertaining to Orange County zoning laws. Some of the aspects to consider while starting a food establishment in Orange County include the following:

• As a restaurant or food establishment requires you to occupy commercial space, you will need to apply for a “Use Permit” pursuant to Orange County Code Sec. 23-98 (a) (14). You will have to apply with the Orange County Business Tax Receipt Office for the same.

• You will also need to get approval from the Zoning Department under the Division of Building Safety.

• You will have to apply to the Division of Hotels and Restaurants

• You will have to apply for a business license or permit for food establishment with the Division of Hotels and Restaurants pursuant to Chapter 61c-4 of the Public Food Service Establishments under Florida LLC rules.

• If you are serving liquor on the premises of your food establishment then you will have to apply for an Orange County Liquor License based on the type of liquor and type of business. A Restaurant serving “Beer, Wine, and Spirits” has an annual licensing fee of $1365 while that of “Beer only” is $280.

7. Open a bank account

When you register a Florida LLC you will need to ensure you are able to make and receive payments related to the business with ease. This is where a bank account to handle all your LLC transactions can be quite helpful. A business bank account is recommended because it helps segregate personal finances from those of the LLC and ensures clean maintenance of account books. This will also help you to track the annual cash flow of your business leading to efficient tax returns.

8. Comply with taxes and other regulations

Once you form a Florida LLC, you may be required to pay some form of tax, which may also be dependent on your business activity. Although the overall tax burden of Florida is less, some of the important taxes collected in the state of Florida include the following:

• Property Tax
• State Corporate Taxes
• Florida Sales Tax

9. File LLC annual report

When you form a new business in the state of Florida there are certain annual requirements that your business needs to be compliant with or fulfill. One of the important requirements after you register a Florida LLC is that of a Florida Annual Report. According to the Florida LLC rules, FL Stat § 605.0212 (2013); a limited liability company operating in the state has to file an annual report with the Florida Division of Corporations.

For example: If you form a Florida LLC on Oct 24, 2021 then you will have to file your annual report between January 1 and May 1, 2022. Subsequent annual reports according to Florida LLC rules have to be delivered between January 1 and May 1 of each calendar year from there onwards. If you fail to file your annual report on time then there is a penalty or late filing fee of $400.

It’s easy to start a Florida LLC with IncParadise!

Know more about starting a Florida LLC!

If you are planning to start an LLC in Florida, then you may be faced with several questions that need to be addressed. You may have questions pertaining to the cost of registering in Florida like the annual fee, disadvantages of forming in the state, Florida LLC registered agent services, and much more. Hence, we have created this section of “Frequently Asked Questions” for addressing some of the most common queries that a startup or entrepreneur may have.

Is Florida a good place to start an LLC?

Florida has always been on the global map when it comes to tourism but did you know it is a great place for starting an LLC? The state offers several benefits to small businesses, startups as well as medium sized enterprises. Some of the top benefits include:

• Variety of economically growth oriented industries where you can form a Florida LLC
• Robust infrastructure and logistics environment to provide all the support a new business requires
• Business and funding events, seminars, and conferences for entrepreneurs and small businesses
• A pro-business tax climate along with asset protection benefits
• Florida is home to several foreign-trade zones (FTZ) where merchandise is not subject to custom duties and tariffs as well as other ad valorem tax.
• There are 427 Qualified Opportunity Zones where businesses can enjoy deferred and reduced taxes.

How much does it cost to register an LLC in Florida?

If you are planning to register a Florida LLC then there is a one-time cost of $100 for both domestic and foreign LLC’s. There will be other costs associated with forming an LLC like Name Reservation ($25) and a mandatory Registered Agent Fee of $25.

What are the annual fees for a Florida LLC?

According to the Florida LLC rules and statutes, every limited liability company conducting business in the state has to file an annual report with the Division of Corporations. The fee for the Annual Report is $138.75. An integral part of the new business operation is obtaining a business license or permit. The fee will vary according to the type of license and the type of business activity and this license will have to be renewed each year.

What are the disadvantages of forming an LLC?

An LLC or limited liability company is one of the most popular forms of businesses in Florida because of the several advantages it has over other forms of entities. It is also important to understand that if you start an LLC in Florida then there may be certain disadvantages of this type of entity. Some of the disadvantages are:

• Initial and ongoing costs – A Florida limited-liability Company is quite easy to set-up but certain initial and ongoing costs makes it expensive to create and maintain this type of entity.
• Business ownership transfer – If you form a Florida LLC then ownership transfer in a limited-liability company is a difficult and complex process. If the said LLC has any debts then ownership transfer may become extremely difficult.
• Limited Case Law – A limited liability company is a type of entity that is fairly new as compared to corporations, sole proprietorships, and partnerships. Hence, there is a limited legal precedent that one can draw from if any dispute arises.

Do I need a registered agent for my Florida LLC?

A Florida LLC registered agent is mandatory for every domestic or foreign limited liability company planning to register and operate in the state pursuant to FL Stat § 605.0113 (2013). You can hire IncParadise in Florida as we are well versed with the requirements of an LLC and can help you to be compliant with the relevant LLC statutes and new business requirements and regulations. We are one of the top registered agents in the state and have been responsible towards helping form more than 10,000 businesses.

Does an LLC need a business license in Florida?

Yes. If you start an LLC in Florida then your company will be unable to operate till you apply for and obtain the necessary business licenses and permits. The type of business license required will depend on the business activity. You can subscribe to our Business License Research Report service as it provides detailed information on several aspects of licensing in the state.

Can I register a foreign LLC in Florida?

Yes. You can register a foreign limited liability company in Florida although the process would be different from that of a domestic LLC. The Florida LLC rules and statutes, FL Stat § 605.0902 (2013) state that you will be able to transact business in the state only if you apply for and obtain a certificate of authority. It is also known as the “Qualification of Foreign LLC” application and has to be submitted with the Registration Section, Division of Corporations along with a cover letter and certificate of existence.

Can I cancel my LLC in Florida?

There are several reasons for dissolving a limited liability company, some of which may be purely personal and some financial or business related. Once you register a Florida LLC; the only way to cancel is by filing Articles of dissolution pursuant to FL Stat § 605.0707 (2013). The articles can be submitted online or can be submitted via mail with the Registration Section of the Division of Corporations. The articles have to be submitted along with a cover letter and a filing fee is $25.

Ready to form a Florida LLC?

There are different types of business structures that you can choose from in Florida as it is a popular destination for entrepreneurs owing to the many advantages the state offers. If you are planning to form a Florida LLC there is a registration process that requires you to submit a variety of information and documentation. This is where IncParadise can assist you with the formation of your new businesses in the state.

Entrepreneur’s guide to form a business in Florida

The state of Florida is one of the strongest economies and is home to 19 Fortune 500 companies including Publix Super Markets, World Fuel Services, NextEra Energy, and Office Depot. The state has also been ranked #4 by Tax Foundation in their list of best states for business tax climate in 2021 ahead of heavyweight states like California, Delaware, and Massachusetts. The pro-business climate makes it a popular destination amongst entrepreneurs to start a business in Florida.

Why do companies prefer to incorporate and register in Florida?

Entrepreneurs and new business owners prefer to start a business in Florida because of the numerous benefits that the state offers. The state has a pro-business climate, competitive costs of conducting business, pro-business state tax policy, streamlined regulatory environment, and business incentive programs that encourage growth. One of the salient aspects of this state is that the government, policy makers, and economic development agencies work hand-in-hand to ensure the stability and consistency of the existing business climate for all forms and sizes of businesses, thus making the process to incorporate in Florida easier. There are several other advantages for starting a new business in this state and they are:

• Strong and Robust Economy – Florida popularly known as the “Sunshine State” has been experiencing rapid economic and industrial growth. The $1 trillion economy is now the 4th largest economy in the nation and is ranked 16th in the world. It is always beneficial to start a business in Florida during these times of robust economic growth as it drives consumer spending as well as business investment. In a growing economy, both existing and new businesses will enjoy greater prosperity. One of the top industries where high economic growth is now a trend is the tourism industry. You can incorporate in Florida online or offline in the tourism industry, which is one of the industries driving the economy. The industry encompasses a wide variety of sub-industries or sectors like the food and beverage (F&B) sector, accommodation services, travel services, conferences and events, and transportation services among others. The Tourism industry in Florida generated $27.6 billion in 2019, which was a 5.8% increase from tax receipts generated in 2018.
• Low Tax Burden – There are several benefits that attract entrepreneurs to start a business in Florida. One that stands out is the state having a low tax burden. Florida is ranked 6th in the list of states having a low tax burden and this includes the fact that the state doesn’t impose income tax on individuals. The corporate income tax rate is currently 4.458% and will increase to 5.5% for tax years starting from Jan. 1, 2022. The corporate income tax rate is lower than some other states like Idaho, California, and New Jersey. One of the factors that also contribute to the low tax burden in the state is the availability of tax incentives in the form of tax credits and exemptions. You can leverage these incentives only after you incorporate in Florida or form your new business.
• Access to Capital – One of the important reasons for first time business owners to start a business in Florida is the access to capital required in the initial stages of a startup. There is a startup cost for every small business and this cost will vary from one business to another. There is a wide variety of financing programs including loans and grants that you can apply for after you incorporate in Florida online or offline.

Steps to start a business in Florida

Florida with its strong economy, robust infrastructure, and competitive tax climate has been attracting small businesses and startups to be formed across various industry sectors. The scale as well as scope of industry assets of Florida is almost unmatchable. There are nine key business industries and several sub industries where you can register a business in Florida but before you form a startup, it is important to identify the key requirements to incorporate in Florida.

1. Prepare a Florida Business Plan

If you plan to register a business in Florida then there are several processes involved but before taking a deep dive into these processes, you need to focus on creating a business plan. It is known by different names like strategic plans, internal plans, operational plans, and even lean plans and they will vary according to the specific requirements of a business. Such a plan is an important as well as strategic tool for any new business or startup as it encompasses several areas and considers key aspects that help define business goals, planning, operations, objectives, and revenue generation. Some of the key aspects of a good business plan are:

• Company Description / Executive Summary
• Market Analysis
• Business Model and Competitive advantage
• Analysis of Competition
• Business Structure, Management and Organization
• Products and Services
• Marketing Plan
• Financial Plan
• Income projections and Sales forecasts

2. Attend Entrepreneurial Training or Development Programs in Florida

The Early-Stage Entrepreneurship series is a report under the Kauffman Indicators of Entrepreneurship and it indicates that Florida is considered a state conducive for starting a new business or startup. You can start a business in Florida anytime as it has a pro-business climate and this environment also consists of access to relevant resources like entrepreneurial training and new business development programs.

3. Choose a Business Structure for your Florida Business

One of the important requirements to incorporate in Florida is choosing the right business structure. A business structure or form of business plays a defining role when it comes to cost of new business formation, annual maintenance requirements, and the type of taxation applicable. You should ideally register a business in Florida only after you have identified the structure that fulfills all your requirements or needs. Some of the aspects of a business structure that are considered for making this decision include the following:

• Federal and state taxation
• Asset protection
• Access to loans, grants, and capital
• Startup and business maintenance as well as operational costs
• Business management
• Flexibility of the chosen structure
• Ownership change and existence of business
• Transferability of ownership interests

• Subchapter C corporations
• Limited liability companies (LLC)
• Sole proprietorships
• General partnerships
• Limited partnerships(LP)
• Limited liability partnerships(LLP)
• Limited liability limited partnerships (LLLP)
• Family limited partnerships
• Subchapter S corporations
• Professional liability companies or service corporations

4. Naming Your Florida Business

Every new business or startup requires a business name. The purpose of a name whether of an individual or a business is the same, which is providing a unique identity. When it comes to creating a business name, the process can be challenging for entrepreneurs as the name has to be in accordance with the Florida Statutes for business organizations. There are a few steps for identifying a name that will help you to register your business in Florida.

• Step #1 – You need to ideate. A business name should be simple and easy to pronounce for customers. It should also state what type of products or services the business is offering.
• Step #2 – Once you have identified such a name, you need to ensure it follows the Florida statutes.
• Step #3 – Once a name has been created, you need to conduct a name availability search. If the name is unavailable or has already been taken then you need to go through steps 1 and 2 again.
• Step #4 – If the chosen name is available then you need to register it. In most states, a business name is reserved using a name reservation form but in Florida, you have to file an “Application for Registration of a Fictitious Name”.
  

  For example: If you are planning to incorporate in Florida online or offline then the name should contain the words “corporation” or “incorporated”. Alternatively, you can also use abbreviations like “Inc.” or “Co.” There are several other requirements pursuant to FL Stat § 607.0401 (2014) like it should be distinguishable from any other name or entity that exists in the records of the Division of Corporations.

5. Choose Your Location for your Florida Business

One of the key areas to focus on before you start a business in Florida is identifying the right location for your business. There are several factors that govern whether a specific location is good for the growth of a business or not; for example, accessibility to ports or transportation hubs. The choice of location is also dependent on the requirements of a business. For instance a retail store can be opened in any of the top cities but a manufacturing unit would need to be located in economic development regions or zones. The important factors to consider before you incorporate in Florida online are:

• Accessibility – This includes local, national, and international access in terms of transportation
• Central Location – This refers to how accessible your establishment for customers and employees are and takes into account roadside visibility and parking space
• Security – Is your location a crime prone zone or is it a low risk zone?
• Proximity to competing businesses – This factor is a growth determinant as more competition in your area can be a deterrent
• Skill base availability – If you start a business in Florida that requires employees then you will need to zero in on a location where skilled employees are easily available.
• Demographics – Does your target audience reside in the chosen location especially if you have a physical business like a law firm or a restaurant
• Local Ordinances – Most states have zonal permits and local ordinances that govern the operations of a business and hence you need to check them prior to applying for a Florida business license.

6. Register Your Business with the Florida Department of State

Florida is considered as one of the favored destinations for new businesses, startups, and especially manufacturing businesses that account for nearly 5.39 percent of the total state output. As an entrepreneur you can start a business in Florida in manufacturing or any other industry including tourism, which is considered as the largest economic industry in the state. The question is how do you form a new business or what is the process? One of the primary requirements to incorporate in Florida is to register your business.

We can assist you with new business formation in Florida

7. Get Your EIN

One of the important requirements for most entrepreneurs planning to register a business in Florida is the Employer Identification Number (EIN). This is basically a Federal Tax Identification Number (FEIN) that is issued by the Internal Revenue Service (IRS). This unique identification number is required by businesses for filing their annual tax returns although having an EIN has many more benefits depending on the type of business. You can use an Employer Identification Number to apply for credit and also for opening a business bank account.

8. Open a Business Bank Account for Florida Business

As an entrepreneur or a new business owner, it may seem easier and quite convenient to use your personal bank account for all your new business transactions. However, applying for a business bank account is always a better idea. This type of account is often known as a checking account or a merchant services account. The primary use of this type of bank account is to facilitate business transactions like accepting payments from customers as well as vendors. You can apply for and open a business banking account before or after you register a business in Florida. Some of the benefits of a business checking account are:

• It will help in separating personal and business expenses and gains
• The account will keep your business records organized
• The business bank account helps build a business credit rating
• Since it is separate from personal banking, it will ensure your tax return filing is simple
• The account will help you to set up retail point of sale systems
• Your business bank account can have a single or several signers

9. Obtain Necessary Business Licenses and Permits

Once you register a business in Florida, the immediate requirement to start operations is a business license. A Florida business license will help make your business operational according to the state statutes and local laws. Businesses cannot transact in the state without proper licensing or permits. Depending on the type of business, you may require a single license or permit or multiple licenses. Permits and licenses in Florida can be categorized as under:

Business Tax Receipt

In the state of Florida, there is no general Florida business license as such but it is known more commonly as a “business tax receipt”. The Local Business Tax Receipt is issued by the county in which your business is situated. The business tax receipt is applicable only for those businesses or entrepreneurs that are selling services or merchandise in the county they are located in. You will also be required to obtain city or municipal zoning approvals while ensuring complete compliance with regulations of zoning, health and other lawful authorities.

Example: If you start a business in Florida and it is located in Palm Beach County then you will need to first get local zoning approvals pursuant to Section 17-17 of Palm Beach County Ordinance No. 72-7. You will then need to file an Application for Palm Beach County Local Business Tax Receipt with the office of the Palm Beach County Tax Collector. You will also need Regulator Signatures from the departments of Fire Marshal, Health, and other Zoning authorities depending on the type of business activity.

Industry Specific Licenses

Industries are an important part of the Florida economy and if you start a business in Florida in a specific industry then you may need to apply for a business license. Florida Statutes and local regulations require licensing and permits for certain industries. This is a type of Florida business license that is issued by a governing body or a state agency. Let us look at an example to understand how it works.

Example: If you were to register a business in Florida as a restaurant or a food establishment then you will need to apply for a license from the Department of Business and Professional Regulation. The Retail Food Establishment industry requires permits or Florida business licenses for a variety of food establishments including grocery stores, coffee shops, convenience stores, retail meat markets, bakeries, juice and smoothie bars, retail seafood markets, and businesses selling pre-packaged food among others. The fee for the permit or license will vary according to the type of establishment. For example, an annual fee for a retail bakery is $355 while the fee for a mobile vendor is $300.

10. Register for Taxes

There are several requirements to incorporate in Florida and one such requirement is registering for taxes. As a new business or startup, you may be required to register with the Florida Department of Revenue for collection and remittances of fees and taxes especially if your business is engaged in taxable activities. If you incorporate a business that proposes to sell taxable goods or services in Florida, then you will be required to register for sales and use tax prior to conducting business in the state. In order to register for taxes, you will have to file the “Florida Business Tax Application” or register online with the state Department of Revenue. This registration will enable the collection and payment of the following taxes and fees:

• Sales and Use Tax
• Communications Services Tax
• Prepaid Wireless E911 Fee
• Documentary Stamp Tax
• Reemployment (Unemployment) Tax
• Gross Receipts Tax on Dry-Cleaning
• Gross Receipts Tax on Utility Services
• Rental Car Surcharge
• Lead-Acid Battery Fee
• Severance Taxes
• Miami-Dade County Lake Belt Fees
• New Tire Fee

11. Annual and Ongoing Requirements

Every form of business in Florida has certain state based requirements that they are required to fulfill. Once you register a business in Florida, you have to ensure complete compliance with state laws and regulations and this can be achieved by ensuring all annual and ongoing requirements are fulfilled. These requirements can be business and business activity specific. Let’s look at the annual and ongoing requirements to incorporate in Florida.

• Annual Report – If you register a business in Florida then one of the primary annual compliance requirements is filing of the annual report. The annual report is a document that helps in updating or confirming the status of a business in the records of the Florida Department of State, Division of Corporations. The annual report is filed by the following entities:
  • Profit Corporation
  • Non-Profit Corporation
  • Limited Liability Company
  • Limited Partnership
  • Limited Liability Limited Partnership

  The annual report fee varies according to the type of business. For example, the fee for a profit corporation is $150 while that of an LLC is $138.75. The first annual report has to be filed between January 1 and May 1 in the year following the year when the business was formed.

  For example, if you incorporate in Florida online on Oct 05, 2021 then the annual report has to be filed by May 01, 2022 pursuant to FL Stat § 607.1622 (2014). There is a late fee of $400 if you fail to file by the due date.

• Franchise Taxes – Certain businesses in Florida have to file taxes annually. Your company may be subjected to a state income tax of 5.5% or an alternative minimum tax of 3.3%.
• DBA – This is known as a “Doing Business As” name or a fictitious business name that is valid for a period of 5 years unless you change your company name. Once the 5-year validity expires, you will need to renew it.
• Business Licenses and Permits – Depending on the type of Florida business license and duration of the permits, you will have to renew them on the due dates as specified by the issuing authority.

Some Important Quick Resources for Florida Businesses

Once you come up with an idea, the next step is to identify how you can form a startup and finally register a business in Florida. You will need to conduct research and find information on every possible aspect related to your new business. Where do you find the right resources and authentic business related information? We have created a list of such resources that are focused on helping startups, entrepreneurs, and new businesses.

Florida Department of State

The Florida Department of State also known as the Florida Secretary of State is one of the primary agencies that you need to look for information and resources from while planning to incorporate in Florida. The office manages several aspects of the state including elections, businesses, arts and culture, and library and information services. This department provides information on how you can start a business in Florida, business structures in the state, registration of DBA or fictitious names, and managing or changing existing businesses.

• Secretary of State
  R.A. Gray Building
  500 South Bronough Street
  Tallahassee, Florida 32399
  Phone: 850.245.6500
  Fax: 850.245.6125
  Email: SecretaryofState@DOS.MyFlorida.com
  Website – https://dos.myflorida.com/

Florida Department of Financial Services

The Florida Department of Financial Services (FLDFS) is a state agency that consists of 13 divisions that provides information of varying degrees from Accounting and Auditing to Workers’ Compensation, Risk Management, Rehabilitation and Liquidation, Insurance Agent and Agency Services, and Consumer Services among others. The headquarters are situated in Tallahassee.

• Florida Department of Financial Services
  Division of Consumer Services
  200 East Gaines Street
  Tallahassee, FL 32399-0322
  Phone: 850.413.3100
  Email: Consumer.Services@myfloridacfo.com
  Website – https://www.myfloridacfo.com/

State of Florida Business & Professional Regulation

The State of Florida Business & Professional Regulation is a state department and regulatory body that provides information on all regulated industries & professions in Florida. You can find important information regarding requirements to incorporate in Florida including License Search, Construction Industry Licensing, Florida Real Estate Regulations, Florida Permits Guide and a guide focusing on how you can start a business in Florida.

• State of Florida Business & Professional Regulation
  American Safety Council, Inc.
  225 E Robinson St #570
  Orlando, FL 32801
  Phone: 1-800-393-1063
  Email: info@americansafetycouncil.com
  Website – https://www.stateofflorida.com/

Department of Business and Professional Regulation

The Department of Business and Professional Regulation (DBPR) is a state agency that provides detailed information and guidance on Florida business license, business licensing and permits requirements. You can also benefit from information pertaining to requirements and processes involved in applying for a permit or license before or after you register a business in Florida. You can also check the status of an existing application or even access the online DBPR application system and check the fee of license or permits required by your business or profession.

• Department of Business and Professional Regulation
  2601 Blair Stone Road,
  Tallahassee FL 32399-1027
  Phone: 850.487.1395
  Website – https://www.myfloridalicense.com/

Division of Workers’ Compensation

The Division of Workers’ Compensation is a state department under Florida’s Chief Financial Officer. The agency provides necessary tools and resources for businesses to understand and participate in the Florida workers’ compensation system. One of the responsibilities of this division is to ensure proper adjustment and reimbursement of claims. They also provide information pertaining to various aspects of workers’ compensation law like exemption, reimbursement, and compensation insurance among others.

• Division of Workers’ Compensation
  200 E. Gaines Street
  Tallahassee, FL 32399-4228
  Phone: 1-800-342-1741
  Fax: (850) 354-5100
  Email: workers.compmedservice@myfloridacfo.com
  Website – https://www.myfloridacfo.com/division/wc/

Florida Chamber of Commerce

The Florida Chamber of Commerce is a state department that is devoted to advocacy of startups and private businesses in the state. If you start a business in Florida then the chamber of commerce is one place where you can find information and guidance pertaining to taxation, right-to-work laws, transportation, tort reform, economic development, growth management, and international trade. They also host several events including the Florida Chamber Annual Meeting as well as Future of Florida Forum. They also host a number of training courses and depending on the business activity and industry, you can even participate in such training programs before or after you incorporate in Florida online.

• Florida Chamber of Commerce
  136 S. Bronough Street
  Tallahassee, Florida 32301
  Phone: (850) 521-1200
  Email: info@flchamber.com
  Website – https://www.flchamber.com/

Florida Department of Environmental Protection

The Florida Department of Environmental Protection (FDEP) is a government agency that is responsible for environmental protection. When you register a business in Florida there are certain environmental norms and laws that your business needs to be compliant with especially if you are in the manufacturing industry or are producing industrial waste. As a new business, you can find important information regarding regulatory programs that are responsible for safeguarding natural resources by overseeing compliance and permitting activities, which protect water and air quality as well as management of waste cleanups. The department is responsible for reviewing permit applications submitted by businesses that incorporate in Florida, conduct site inspections of permitted business and industrial facilities, and conduct enforcement activity.

• Florida Department of Environmental Protection
  3900 Commonwealth Boulevard
  Tallahassee, Florida 32399-3000
  Phone: (850) 245-2118
  Email: public.services@dep.state.fl.us
  Website – https://floridadep.gov/

Ready to start a business in Florida?

Florida is one of the most favored destinations for entrepreneurs and small business owners as the state provides a pro-business environment, strong infrastructure and a variety of business incentive programs. You can start a business in Florida as a Limited Liability Company, Corporation, or any other form of business. If you are wondering how you can ensure the proper formation of your new business, then IncParadise can provide you with the right guidance and support.

We are an expert registered agent and incorporation service provider in Florida. We have already helped thousands of businesses in Florida to start their LLC or INC. As your Florida registered agent, we will not only help you understand all new business requirements but also provide a plethora of additional services like EIN assistance, and foreign qualification among others.

What Do You Need to Know About Notarization?

Notarization in Nevada is also known as “notarial acts“. There are three parts that need to be taken care of by the notary public: vetting, certifying, and record-keeping. To put it in simple words, this is a process that officials use to prevent any fraud cases and to assure that the parties involved in the transaction that the document being signed is legitimate.

What is Notarization?

Notarization is an official fraud-deterrent process, which assures the parties involved in a transaction that the document is authentic. This allows them to trust the document and process worry-free. As mentioned above, there are three parts to the process. The process to notarize documents in Nevada is handled by a person called the notary public. Its three-part process includes:

• Vetting
• Certifying
• Record-keeping

What does it mean to have a document notarized?

Simply put, notarized documents are documents that have been certified by a notary public, which verifies the document’s authenticity. To get a document notarized means to get it authenticated. All important documents are notarized. The main value of the notarization in Las Vegas lies in the Notary’s impartial screening of the signer’s identity, awareness, and willingness. And this is the thing that detects and deters document fraud. It helps protect the citizens’ rights and assets from any forgers, exploiters, and identity thieves.

Why is Notarization important?

The notary service in Las Vegas and everywhere else is essential to verify that the person signing the document is real and not intimidated into signing the document. Its sole purpose is to prevent any kind of fraud or identity theft. The notarization letter given by the notary public helps protect the rights of the citizens who otherwise can be exploited. It also helps in avoiding a lot of proceedings. This saves the time of both the person and the court.

Notarization in Nevada

Regardless of if it is a will, power of attorney, mortgage signing or any important document, notarization in Nevada is something everyone depends on to ensure that the agreements are legally sound. This certifying process that is done officially, offers the participants with assurance that the terms of the document are genuine, authentic, and mutually agreed upon.

What does a Nevada Notary do?

When notarization in Nevada takes place, all the parties come before a notary public to acknowledge the terms of the document, have their identities verified, and confirm that they voluntarily agree to the terms in the document. As soon as this is done, the notary will complete the process by adding a stamp and signature to authenticate the process. This completes the process, and the document becomes genuine for the court of law.

• Acknowledgments – These are the documents that deal with controlling or conveying ownership of assets. They include property deeds, DMV documents, power of attorney, trust, and wills. In Nevada, the Delivery Outside of California is also notarized to save the buyer from paying California taxes on the sale of a vehicle if it is delivered in another state.
• Copy Certificates – This is to authenticate the copy of an original document and assure that it is an exact and true copy of the original. The documents include college degrees, passports, and so on. Note that you cannot get a certified copy of your divorce decree, marriage certificate, death certificate, or birth certificate in Nevada. These documents can be obtained from the county they were recorded in originally, and the notary can notarize the documents to request a copy from the county.
• Jurats – A Jurat is done with the evidentiary documents that are used in the civil and criminal justice system. As per this process, the signer has to be there in person for the notarization, sign the document and then recite the oath stating that the statements in the document are true. In case the person who takes the oath is not truthful, they will be subjected to prosecution for perjury.

What does a Nevada Notary can’t do?

It is vital to know the things that the notary can do and cannot do while they offer the notary service in Nevada so that you stay protected. These things include:

• Issuing ID cards
• Notarizing a document without the signer present (even though some states are permitting virtual signing, Nevada has not yet permitted it.)
• Performing acts related to the practice of law
• Offering advice, or drafting, selecting, and preparing the document for the transaction
• Certifying copies of documents that are recordable in public records
• Signing a notarial certificate in a name other than their own
• Overcharging for the notarization in Nevada. The state has a maximum amount that can be charged by the notary public.

How do I notarize a document in Nevada?

When you are about to get a document made that will be used as proof somewhere or legally somewhere, then you will need to contact a notary public to be situated during the document signing. These are some points that you need to take care of for such transactions:

• Find out if you will need a witness during the signing. To know about this, call your notary before time in case you are not sure.
• Get a valid and unexpired government-issued photo ID that will have all your details including the birth date, name, ID number, and issuing authority. Some examples of legitimate IDs include state IR cards, passports, driver’s license, or military ID. Tell the other party to get their IDs too.
• Do not sign any document before the notary comes in. The documents have to be signed in front of the notary public else it cannot be notarized.
• Incomplete or false documents will not be notarized.
• Ensure that the other party is okay with the deal so as to not create an issue else the document will not be notarized.

Looking for the notary service in Nevada? IncParadise can help you!

Types of documents require notarization

Many kinds of documents are there that need notarization. These include:

• Wills, trusts, and estate documents
• Verification forms
• Certifications
• Business documents
• Acknowledgments
• Affidavits
• DMV documents
• Jurats
• Gaming applications
• Employment waivers
• Construction documents/permits
• Custody agreements
• Adoption papers
• Advance healthcare directives
• Certified copies
• Statements
• Vehicle title transfers
• Petition to establish custody & visitation
• Minor passport applications
• Letters of instruction
• Travel affidavits
• Thrift savings/proof of life documents
• Stipulation for judgment
• Resident witness
• Request for birth certificate
• Nursing home and hospital forms
• Mortgage signing
• Mining claims
• Medical documents / directives
• Loan document signings

What should you look for when you choose a notary service in Nevada?

Even though all the notary publics take their responsibility very seriously, there can be mistakes. These mistakes can then result in legal issues for all the parties involved in the transaction or signing. The dark side to this also exists: some practitioners abuse their power to scam consumers and offer notary service in Las Vegas after their appointments have been expelled, revoked, or suspended.

Additionally, it is a great idea to know all about the rules in your state. For example, online notarization in Nevada is not permitted in Nevada since they do not meet the state’s law of personal appearance. This means that if you find anyone who says they can offer you the online notarization service, you know they are not genuine. The individuals need to be present in person along with the notary public for the document signing.

IncParadise helps to notarize your document in our Las Vegas office

Need help in getting some documents notarized? IncParadise is here to help you with the notary service in Nevada. All you need to do is contact us – IncParadise to fix up an appointment time and date. Choose a day that suits you best as you will need to come and visit our Las Vegas office for the process. On the day of the signing, the clients have to bring in their documents to the Las Vegas office at the scheduled time and appear in front of the notary public.