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What is a Florida LLC?

LLCs (Limited Liability Companies) are a very popular business entity because they combine the benefits of incorporating in Florida without all of the legal formalities Florida corporations must undergo. Another plus of being an LLC they can elect to be taxed like partnerships, with tax incurred only at the individual level when profits are paid as dividends.

More Florida LLC FAQs

• What are the differences between a Florida LLC and a Florida S corporation?


• What is the ownership structure of a Florida LLC?


• What is Limited Liability Company Taxation?


• How many people are needed to form a Florida LLC?


• Is an attorney required to form a Florida LLC?


• What are the restrictions of forming a Florida LLC?


• What are the advantages of Limited Liability Corporation?