Florida Corporation

For Florida Corporation prices and State fees, please visit the costs page for forming a Corporation in Florida.

Florida corporation and corporation are general, for profit, corporations, refered to as "C Corporations", referring to Chapter "C" of the IRS tax code. A corporation is a separate legal entity and is, essentially, treated as a person, legally. The entity can own property, open bank accounts and credit lines and, under its own name, conduct business. The corporation is responsible for its own debts and actions, therefore (if the company is operated correctly) in the event of a lawsuit that forces the business into bankruptcy, the owners of the corporation are not liable for the corporate debt.

Florida corporation must have a registered address, or a designated registered agent. This is a physical address located in the state you are incorporated in. corporation owners cannot use a PO box for this purpose, so if privacy is a concern, you can designate a registered agent for service process. Companies Incorporated offers FREE registered agent service to all its customers for one year. Mail forwarding and other representation services are included with this service.

A corporation is a common form of business organization that is chartered by a state government. It is granted many legal rights as an entity separate from its owners. The corporation is distinguished by limiting the liability of its owners, issuing shares of stock that can be transferred from one individual to another, and its ability to have perpetual existence. Because a corporation is separate from its owners it can protect them from being personally liable when the company is sued (known as limited liability). In addition there are tax benefits available to incorporated businesses that are not available to unincorporated businesses.