Starting a Business in Florida
LLC filing: $125 | Corp filing: $70 | Business-friendly score: 7.8/10
Business Environment at a Glance
7.8/10
Business-Friendly Score
None
Income Tax
6%
State Sales Tax
$13.00
Minimum Wage
Business Filing Fees in Florida
| Item | Cost | Details |
|---|---|---|
| LLC Filing Fee | $125 | One-time, filed with Secretary of State |
| LLC Annual Fee | $138 | Due annually to maintain good standing |
| Corporation Filing Fee | $70 | One-time, Articles of Incorporation |
| Corporation Annual Fee | $150 | Annual report/franchise tax |
Tax Rates
| State Income Tax | None |
| Corporate Tax Rate | 5.5% |
| State Sales Tax | 6% |
| Max Local Sales Tax | 2.5% |
| Minimum Wage | $13.00/hr |
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Florida Special Requirements
- No state personal income tax - major advantage for business owners
- Annual report required ($138.75 for LLCs, $150 for corps)
- Reemployment tax (unemployment) registration required for employers
- County and city occupational licenses may be required
Major Cities in Florida
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Start Your Business in Florida
The state filing fee for an LLC in Florida is $125. Licenses, insurance, equipment and rent usually cost far more: see the full picture for your business type and city.
Estimate your startup costs