Company Formation Florida

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WHY FLORIDA?

Leonhard Becker, Press Director and Founder Leonhard Becker, Press Director and Founder

Florida - The Sunshine State - is a very liberal founding state.

As a sole director, you can hold multiple positions such as President, Treasurer, or Secretary. Any citizen over the age of 18 can form a company in Florida and take on any position in the company.

There is no need for a notarized meeting, as is common in Germany. Additionally, no minimum capital is required; the company can be founded without share capital. Shareholders are not registered in the commercial register and can therefore remain anonymous. When forming an LLC in Florida, the Florida State Income Tax is waived if you classify the LLC as a partnership. Even if this does not happen, you would pay a low tax rate of only 5.5% to the state of Florida. There are also the Federal Income Tax rates for each state, is 21% depending on the profit.

Florida is not only valued by many companies for its sunshine, but the economic location Miami-Fort Lauderdale is also excellent for establishing a foothold in the USA. The annual commercial register fees are relatively cheap compared to other states. You can conduct any business purpose with a company from Florida that does not require a special permit, such as crafts, car trading, banking, etc.

Download and read also - WHY FLORIDA FAST FACTS! 

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