How Much Does an LLC Cost in Florida?
Florida LLC formation costs $125 to file Articles of Organization with the state (Fla. Stat. § 605.0201). Annual Reports cost $138.75, due between January 1 and May 1 each year. Florida has no state income tax, franchise tax, or gross receipts tax. Total first-year cost: $263.75 (filing fee plus first annual report).
Initial Formation Costs
The Florida Department of State charges a $125 filing fee for Articles of Organization under Fla. Stat. § 605.0213. You can file online or by mail; online filings process faster. This fee covers state review and approval of your LLC name, registered agent information, and principal office address.
Florida requires a registered agent with a Florida street address (Fla. Stat. § 605.0213). You can serve as your own registered agent at no cost, or hire a third-party service ($50–$300 annually).
Additional startup expenses may include business licenses, local permits, and legal assistance—costs vary by county and industry.
Ongoing Annual Costs
Your LLC must file an Annual Report for $138.75 between January 1 and May 1 each year (Fla. Stat. § 605.0221). The report requires your principal office address, mailing address, organization date, federal EIN (if assigned), and the name, title, and address of at least one member or manager.
Missing the May 1 deadline triggers a $400 late fee. If the report remains unfiled by the third Friday in September, Florida administratively dissolves your LLC on the fourth Friday in September. Reinstatement requires a $100 fee plus all delinquent fees and penalties—making timely filing far cheaper.
Tax Advantages
Florida imposes no state income tax, franchise tax, or gross receipts tax on LLCs. This significantly reduces ongoing operating costs compared to most states.
Single-member LLCs default to disregarded entity status (Schedule C), while multi-member LLCs default to partnership taxation (Form 1065). You can elect S-corporation or C-corporation treatment for federal purposes to optimize self-employment tax liability.
If you sell taxable goods or services, register for sales tax at floridarevenue.com (6% state rate plus county surtax). Service-only businesses and professional practices typically avoid sales tax.
Bottom Line
Minimum startup cost: $125. Realistic first-year cost: $200–$500+ when including registered agent service and local licensing. Annual compliance: $138.75. Florida's lack of state income tax makes it cost-effective for profitable LLCs, especially those electing S-corporation status.
This is general information, not legal advice.