Florida LLC: Key Data, Fees & Features
Your complete overview of $Florida LLC costs, pros & cons, and key regulations. Make an informed decision with our up-to-date data.
State Filing Fee
$125
Processing Time
10-10 days
Annual Report Fee
$138.75
Anonymous LLC
No
Publication
No
Advantages
- Protects personal assets from lawsuits or bankruptcy
- Gives business credibility
- Offers flexibility in taxation and management
Disadvantages
- Annual report filing requirement with associated fee and potential late fees
- Publication requirement for fictitious names (DBAs)
- Information listed on articles becomes public record
Franchise Tax & State Requirements
Due by the first of May each year, starting the year after formation. Late fees apply.
Florida has no personal income tax, and unless the LLC opts to be taxed as a C-corporation, it is not subject to the corporate net income tax. However, sales and use tax (6%), reemployment tax, and other taxes/fees may apply depending on the business activities.
Frequently Asked Questions
Transparency & Data Sources
This review was last updated on $August 17, 2025 to ensure accuracy.
