Starting a business is an exciting but scary leap for most new entrepreneurs. After years of planning and dreaming, the vision is finally within reach. Before you rush out to get business cards, however, it is important to make decisions regarding your business formation. If you wish to form an LLC ( limited liability company), then there are steps you must take before moving forward. Understanding the process of forming an LLC is key to planning your future and protecting yourself every step of the way. But how quickly can you get an LLC?
Overall, the LLC process is a relatively easy and painless process that usually takes a couple of weeks to complete. You can save money, time, and stress, however, by planning ahead, being thorough when filling out paperwork, and consulting with a business attorney prior to forming your LLC.
To form an LLC, you must prepare and file your company’s Articles of Organization with the Florida Secretary of State’s office. Before filing, you need to choose your business name and determine that this name is available to use. After all, you are not permitted to form an LLC with an identical name as another company in Florida. Prior to filing the Articles of Organization, you will also need to choose and name a registered agent, who will consent to receive lawsuits and other official communications on behalf of your LLC.
You can file your Articles of Organization by mail or you can use the online website to complete the process. Once you’ve filed the articles of organization in Florida, it can take several weeks for your LLC to become approved.
Can You Make the LLC Process Go Quicker?
Florida does not have expedited processing. However, while you may not be able to have your LLC approved faster, you can make the LLC process quicker by being prepared and thorough before filing their Articles of Organization. Make sure all forms are filled out appropriately and that your business name is available before filing. Mistakes will result in your LLC Articles of Organization returned to you to correct errors or provide accurate information. This will increase the LLC processing time drastically.
What Happens Next?
After your LLC has been approved, you will need to obtain a federal tax ID number and set up your business’ LLC bank account. During this process it is important to consult with both a business attorney, as well as an accountant to ensure that you have the best business and tax strategy for your new startup.
Contact Our Florida Business Attorneys
At the Law Offices of Todd M. Kurland, our Florida business lawyers can help you get an LLC quickly and avoid the pitfalls new businesses often face when forming. Our law firm services all of South Florida, from Miami to Fort Lauderdale, West Palm Beach to Tampa. Contact us today at (561) 693-4524 for a consultation and review of your case. We can help you protect your new venture and your assets by forming an LLC. Call today.
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