Breakdown of Florida LLC Costs in 2024 - How to Start my LLC

How Much Does It Cost to Start an LLC in Florida

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Carolyn Young has over 25 years of experience in business in various roles, including bank management, marketing management, and business education.

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How Much Does It Cost to Start an LLC in Florida

How Much Does It Cost to Start an LLC in Florida

If you’re starting a business in Florida, you may consider forming a limited liability company (LLC).  Before diving in, you should know that this comes with costs. 

To prepare you, this handy guide details all you need to know about launching an LLC in Florida.

Florida LLC Costs 

RequirementCost
Name Reservation Fee$25
LLC Registration Fee$125
Business License FeesVary by localities and type of business
DBA fee$50
Annual Report Fee$138.75

Name Reservation Fee

One of your first decisions will be what to name your LLC. Once you’ve chosen the perfect name, you can reserve it with the state until you’re ready to form your LLC officially.

To do so, you’ll need to make sure the name is available. Here’s how:

1. Check for availability in Florida

To ensure the business name is available, go to the Division of Corporation’s website and enter the names you like as well as similar names. You don’t want a business name that can be easily confused with other businesses in Florida.

2. Check Florida LLC name regulations

In Florida, your LLC name must include the phrase “limited liability company,” or an abbreviation such as LLC or L.L.C. Your name cannot include words that could confuse your LLC with a government agency or words like bank, insurance, or university without state approval.

Additionally, your name cannot imply you’re doing anything unlawful and must be distinguishable from all other business names in Florida.

3. Check Trademarks

It’s a good idea to ensure the name has not been trademarked. Check with the US Patent and Trademark Office to ensure the name is available nationally. 

4. Check domain name availability

You’ll want to ensure the domain name is available. You can check at a site like GoDaddy.com and use .com or .org, as those give your business more credibility.

5. Google it

Do a Google search to ensure the name is not being used in the U.S. or internationally. This is particularly important if you plan to have a strong online presence for your business.  

Once you’ve done your due diligence and know your preferred business name is available, you can reserve the name with the state by submitting a letter to the Secretary of State that includes the name to be reserved and your name and address.

The fee is $25, and the name will be held for 120 days.

Cost to Register Your LLC in Florida

To officially form your LLC, you’ll file articles of organization with the state of Florida by visiting the Division of Corporations website. You’ll need the following information:

  • Business name
  • Principal business address
  • Business mailing address
  • Registered agent name and address
  • Member or manager names and addresses

In Florida, the fee is $125, and your LLC should be approved in one to two weeks.

Business Licenses and Permits

Your LLC may also need to obtain licenses and permits at the federal, state, and local levels. These, of course, come with varying fees. 

At the federal level, licenses and permits are generally industry-specific and may include health licenses and permits from the Occupational Safety and Health Administration (OSHA).  

You may need a general business license to operate at the state level. If you sell tangible goods or services subject to sales tax, you’ll need a sales tax license, also known as a seller’s permit. 

Check the SBA guide for specific licenses required for your business. 

Here are some standard licenses and permits you may need:

  • Industry-specific licenses for certain professions and industries such as construction, plumbing, electrical, childcare, food handling, liquor, architecture, and finance
  • Building and zoning permits
  • Doing business as (DBA) permit if you’re doing business using a name other than your LLC name
  • Health licenses and permits at federal, state, and local levels
  • Fire permits
  • Sign permits

This is a significant step in the LLC formation process, so make sure to check with your state and local government offices to find out all the licenses and permits that you need and their costs. You could face steep fines and penalties if you operate without the proper licenses and permits.

If you need help, it’s a good idea to consult with a business attorney to ensure you’re in full compliance. You can also use a service like MyCorporation to do the research and provide you with all the forms you need to license your business. 

Doing Business As (DBA) Name

If you plan to do business under a name that is not your LLC, you’ll need to register a “doing business as,” or DBA, name. To do so, you’ll visit the Division of Corporations website.

The cost to register a DBA, known as a fictitious name in Florida, is $50.

Annual Reports

In Florida, your LLC must file an annual report to verify your business information and confirm you’re still doing business.

The report can be filed with the Division of Corporations; the fee is $138.75.

In Closing

Starting an LLC in Florida is rather a complicated process that includes a handful of fees. There are many hoops to jump through, but the benefits of ensuring your LLC is properly registered, and fully compliant are huge, while the alternative risks significant penalties. LLC formation can be daunting, so many entrepreneurs prefer a professional service like ZenBusiness. This ensures the process is done correctly, saving time and giving you peace of mind.