FORM YOUR FLORIDA SUBCHAPTER S CORPORATION- $155
Each Company Comes with:
–Attorney’s Fees
–State Filing Fees
-Articles of Incorporation and Organization
-Company Minutes
-By Laws for the Corporation or LLC Regulations
-Stock Certificates or Membership Certificates
-Company Seal
-Company Name Search
-Bank Resolutions
NO CREDIT CARD INFORMATION IS NEEDED TO BEGIN
BENEFITS OF FORMING A CORPORATION OR LLC
The formation of a Corporation or LLC creates a legal entity. This legal entity is treated as a legal person by law. When forming a Corporation or LLC there is an independence created which helps prevent the owners (Shareholders or Members) from being held personally liable for debts of the Corporation or LLC. Having a Corporation or LLC also makes transferring the ownership of the business significantly easier. The formation of a Corporation or LLC also lets the business operate under it’s own name.
Sub-Chapter S Election– This valuable election allows your corporation to avoid double taxation. In order to make this election the Shareholders (owners) of the corporation must be U.S. Citizens or legal resident aliens.
TAX ADVANTAGES
The formation of a Corporation or LLC may also provide business owners with tax advantages. Expenses of the Corporation or LLC may be tax deductible, which can mean savings for business owners.
Additional Services provided by Homsi Law, P.A.
Federal Tax Identification Number (EIN)– This is a number that will be required to open the bank account for the Corporation or LLC. – $30 – The EIN for a foreign individual without a U.S. Social Security Number or ITIN is $110.
ITIN (Individual Taxpayer Identification Number)– This number can be obtained by non-U.S. citizens and foreign individuals without a U.S. Social Security Number so that that person can file a U.S. Tax Return. – $110
Registered Agent Service & Attorney Guidance– Homsi Law, P.A. offers this service that includes our firm serving as the Registered Agent for your business. With this service our firm will also help you with the drafting of the Annual Minutes for your company’s records. Another valuable perk of this service is that you will have the ability to call an attorney at our firm and ask any legal question you may have all year long. This means an unrestricted number of phone calls, as many as you would like. This feature is valuable to business owners when any questions or situations arise. – $118 each year
Florida State Sales Tax Number– This number, also known as a Resale Certificate, is used by your company to buy products for resale without paying sales tax. – $40
Florida Unemployment Tax Account Number– If your Company will be paying employees, it is required to obtain a Florida Unemployment Tax Account Number. The number is used to withhold the required state unemployment withholdings. – $40
Florida Fictitious Name (DBA)– If you plan to use another name for your business you will be required to register a DBA with the State of Florida. We can complete this registration and the accompanying documents for you. – $130
3 Business Day DBA- Additional $65
Next Business Day DBA- Additional $110
USDOT Number– Companies that operate commercial vehicles transporting passengers or hauling cargo in interstate commerce must be registered with the Federal Motor Carrier Safety Administration (FMCSA) and must have a USDOT Number. Also, commercial intrastate hazardous materials carriers who haul types and quantities requiring a safety permit must register for a USDOT Number. – $300
IRS 1244 Stock– If you decide to issue 1244 stock the IRS allows for the write off of $50,000 as an ordinary loss as opposed to only being able to write off $3,000 as a capital loss without the 1244 Stock. – $40
Home Office Lease– If you plan to have an office in your home, there may be tax advantages for the use of this space in your home. We can prepare a Home Office Lease to have the details in writing. – $75
Vehicle Lease– If you use your vehicle for business purposes there are tax breaks that can be taken advantage of and we can prepare the lease of the vehicle to your company. – $75
Equipment Lease– This lease would allow you to lease equipment to your business and tax advantage of tax breaks. We can prepare this lease for your business. – $75
Qualified SubChapter S Subsidiary– With this election your Sub Chapter S Corporation can own another Sub Chapter S Corporation. This is a tool that can be used to protect assets. In order to take advantage of this election your Sub Chapter S Corporation must own all of the subsidiary Sub Chapter S Corporation. – $100
Indemnification– As a Shareholder (owner) of a Corporation there are many protections that Shareholders receive when forming a Corporation. The Indemnification Agreement is an agreement that protects the Directors and Officers of the Corporation in the event they are sued for activities they carry out when performing their work for the Corporation. We can draft this agreement and include it with the Company documents. – $60
Shareholders Agreement– The Shareholders (owners) of a Corporation should have a written agreement on how the Corporation will operate. This agreement will cover many issues. These issues include the sale of shares by a shareholder, the death of an owner, and many other issues. – $75
Website Privacy Policy– Homsi Law, P.A. can assist with the drafting of your website’s Privacy Policy. The Privacy Policy will detail how data is collected on your website, how this data is stored and shared, and other information that applies to your website’s visitors. – $300
Website Terms and Conditions– Homsi Law, P.A. can assist with the drafting of the Terms and Conditions for your website. Among the important aspects of the Terms and Conditions of the website is how the website and information on the website can be used. – $300
Employment Agreement– If your corporation will be hiring employees it is important to have a written agreement between the Company and the employee. The Employment Agreement will contain many important details about the employment such as pay rate, job description, and much more. Homsi Law, P.A. can assist with drafting the Employment Agreement for your Company. – $80
Independent Contractor Agreement– If your Company will be hiring independent contractors it is important to have a written agreement between the Company and the Independent Contractor. In addition to other laws and IRS rules that must be complied with the agreement will have other information such as the pay rate, description of the job, and much more. – $80
Worker’s Compensation Exemption (for Construction)– In Florida, if your Company is working in construction, Worker’s Compensation is required for the employees of the Company. There is an exemption allowed for up to 3 employees. Homsi Law, P.A. can assist with obtaining the exemption(s) for your Company. For one officer $110
For 2 Officers – $135
For 3 Officers- $155
Worker’s Compensation Exemption– In Florida, if your Company is doing non-construction work, Worker’s Compensation insurance may still be required. Unlike in the Construction field there is not a limit on the number of officers who can be exempted. For one officer $110
For 2 Officers – $135
For 3 Officers- $155
Loan Agreement with Promissory Note– Homsi Law, P.A. can assist with the drafting of a loan agreement and promissory note. These documents are important to have when loaning money to a company or another person. – $65
Dunn & Bradstreet Number– Homsi Law, P.A. can assist with obtaining a Dunn & Bradstreet Number for your Company. The DUNS number is a number that lenders can look to and can help with building your business’ credit. – $45
New Hire Reports– When hiring new employees there is a requirement to report the hiring’s. Homsi Law, P.A. can assist and provide 5 of these reusable forms for your company. $30
Expedited Services
Homsi Law, P.A. offers accelerated time frames for the formation of your company.
Three Business Day Formation– Your company will be formed and filed with the State in 3 business days. – $65
Next Business Day Formation– Your company will be formed and filed with the State by the Next Business Day – $110
Without the rushing the formation of your company the typical time for formation of the company is 10 business days.