Do I need to register a foreign LLC in Florida?

Florida requires the foreign LLC to file a Certificate of Existence. A Certificate of Existence is a document issued by your home state that shows your LLC is in good standing. “Good standing” means that you’ve met state requirements and paid the necessary fees.

Do I need to register my foreign business in Florida?

According to Florida’s LLC Act, you are required to register your foreign company with the state of Florida if you are “transacting business” in Florida.

Do I need to register as a foreign LLC?

If your company is conducting business in any other states than the state where you incorporated (or formed an LLC), then you need to register your business in those new states. This is often called “foreign qualification.”

How much does it cost to register a foreign LLC in Florida?

LLC Fees

Annual Report (& Supplemental Fee) $ 138.75
New Florida/Foreign LLC
Filing Fee (Required) $ 100.00
Registered Agent Fee (Required) $ 25.00
Total Fee For New Florida/Foreign LLC $ 125.00

Can a foreign LLC own property in Florida?

Yes, your DE LLC can buy the house in FL. You do not need a FL LLC.

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When should a foreign LLC register?

Transacting Business in California

According to California’s LLC Act, you are required to register your foreign company with the state of California if you are “transacting business” in California.

Does a foreign LLC have to pay taxes?

The foreign partner of an US LLC will be deemed to be engaged in a US trade or business and the LLC must withhold 35% of its profits for taxes, paid and filed on a quarterly basis to the IRS. Even though the partnership itself does not pay income taxes, it must file Form 1065 with the IRS even if there is no profit.

Does Florida recognize Series LLC?

Florida does not provide for series LLCs and does not address the operation of series LLCs in the state.

Why do I need a foreign LLC?

It is a classification used for companies that do business in states other than the home state where the LLC was formed. States require companies to register as foreign LLCs to ensure they meet regulatory and tax requirements, and the term “foreign” simply means the company was set up in a different state.

How long does it take to register a foreign LLC in Florida?

Processing: The Florida DOC processes foreign LLC qualification in seven business days. Annual Report: LLCs in Florida file an annual report each year by May 1. The fee is $138.75.

Can File foreign LLC Florida online?

In Florida, there is not an option to file the Application by Foreign Limited Liability Company for Authorization online. You must submit this completed application, the filing fee, and the cover letter to the Florida Division of Corporation via mail or in person.

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What is required for foreign qualification?

If you need to file a foreign qualification, you will have to register in the state(s) by submitting a Certificate of Authority application (sometimes called “Statement & Designation by a Foreign Corporation”) with the particular state’s Secretary of State office.