State guides · Florida
Form an LLC in Florida.
Florida makes sense if you have business, customers or a physical presence in the state, especially in Miami, a gateway to Latin America.
Key figures
| Formation fee (state) | $125 |
| Annual requirement | $138.75 Annual Report, to file between January 1 and May 1. |
| Processing time | Usually a few business days for an online filing. |
| First year with ClicGlow Starter | $422 ($297 + state fees) |
Strengths
- No state personal income tax
- A dynamic, internationally minded business ecosystem
- Consistent if you rent an office or hire in Florida
Things to watch
- $138.75 annual report to file between January 1 and May 1
- $400 late fee after May 1
- Higher formation fees than Wyoming or New Mexico
FAQ: Florida
Should I choose Florida if I live in Europe?
Only if your business is really based there. Otherwise, a state with lower annual fees is often a better fit.
What if I miss the May 1 deadline?
The state charges a $400 penalty, and the company can eventually be administratively dissolved if the report is not filed.
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