Florida Corporation cost

Forming a Florida Corporation

You file Articles of Incorporation (Florida Profit Corporation) with the Florida Department of State, Division of Corporations (Sunbiz). The state fee is $70. See the official fee.

File it yourself with the state →

Every year after

• Annual Report: $150, filed every year. Due: Between January 1 and May 1 each year.
• First one: January 1 - May 1 of the year after incorporation.
• If you're late: $400 late fee if filed after May 1 (total $550); administrative dissolution at close of business on the fourth Friday of September if not filed by the third Friday of September.
• Official report page

State taxes that apply even to a small Corporation

• Corporate income/franchise tax: $0 — No minimum tax. C corporations (and LLCs taxed as corporations) get an exemption on the first $50,000 of Florida net income, but must file Form F-1120 even if no tax is due. LLCs taxed as partnerships or disregarded entities generally do not pay this tax. source

Worth knowing

• LLC formation is $125 ($100 filing + $25 registered agent designation); corporations and nonprofits are $70.
• Annual reports are due January 1 - May 1; for-profit entities pay a $400 late fee after May 1.
• Florida has no personal income tax and no franchise tax; C corps owe corporate income tax only above a $50,000 exemption.
• No expedited processing is offered.

Registered agent

Florida requires a registered agent. Registered agent with a Florida street address required; designation fee is included in formation cost ($25 LLC, $35 corporation). An entity cannot serve as its own registered agent. You can serve as your own agent if you have a qualifying address; paid services usually charge a yearly fee.