While the failure to file the required Annual Report with the Division of Corporations will lead to administrative dissolution of the corporation, failure to keep at least Annual Minutes is a little less cut and dried. Annual Minutes are not required to be filed with the Division of Corporations. There is no penalty for failure […]
A limited liability company (“LLC”) is a form of business entity available under the Florida Limited Liability Company Act. An LLC is controlled either by a Manager or by a Managing Member pursuant to the LLC “operating agreement.” Members hold their investment in an LLC in the form of membership interests. Similar to S-Corporations and […]
Florida is one of the leading states when it comes to new business formation according to State of Florida, Division of Corporations. There are a lot of variables and advantages to consider in incorporating your business. But Florida Corporations enjoy a lot of advantages compared to other forms of doing business.