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Incorporating in Florida

If you want to incorporate your business in Florida, you will find the following information useful.

Naming Your Florida Corporation

You want your corporation's name to stand-out and set your business apart from the crowd. But to pass muster with the state of Florida, your business name must also be unique—no Florida corporation can have a name that is the same or very similar to another Florida corporation. In addition, your name must meet Florida's naming requirements, which include:

  • A Florida corporation must be readily identifiable as a corporation. Thus, the corporation name must end with "Corporation," "Company," Incorporated" or an abbreviation of one of these words.
  • The name cannot contain language stating (or implying) that the corporation is organized a purpose that is not permitted under Florida law or its Articles of Incorporation.
  • If the name will contain the words "Bank," "Bankcorp," "Mortgage," or "Loan," the Department of Financial Regulation must give its approval.

Florida's Requirements Related to Directors

Florida requires that a corporation have at least one director, but there is no residence requirement for the corporation's directors. However, Florida requires that any director be at least 18 years old. Florida doesn't require that the names and addresses of the initial directors be stated in the Articles of Incorporation, but including this information is helpful because many banks and other lenders require it.

Requirements for the Articles of Incorporation

Articles of Incorporation must be filed and accepted by the state in order to form a corporation in Florida. The following information is required:

  • Number of authorized shares
  • Name and address of registered agent

Florida requires that the registered agent have a physical address (no post office boxes) in Florida. And, the registered agent must be available during normal business hours to accept important legal and tax documents for the business.

Professionals Can Incorporate in Florida

Florida allows professionals, such as accountants, attorneys and physicians to form a professional association (PA).

Cost of Incorporating in Florida

If you would like information on the fees Florida charges to incorporate a business, CT would be happy to answer this and any other questions you have about becoming a Florida corporation.

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