Forming a company is not an easy task. It is not only selecting a place, getting some furniture, hiring employees and start working. It is much more than that. In fact the formation of a company involves serious legal matters. Each state of US has its own company law and Florida is not an exception. If you are going to form a company in Florida you will have to aware of the Florida company law.
A company lawyer can help you to proceed with the legal procedure. But you should also contact the Florida Department of State to gather useful information. Checking the website of Division of Corporations can also be help in this matter.
Here is a guideline for those who wish to establish a company in Florida.
Select a Business Name:
The first step you need to take is to choose a business name for your company. Before choosing the name make sure it is not used by any other company. As per Florida company law your business name should include the word "company", "corporation" or "incorporated". The name should not include language that implies that the company is connected with federal or state government agencies. Once you select the business name, the next step you need to take is to select a trademark for your company. It will distinguish your business from other companies belonging to the same or other industries.
Recruit a Director or Directors for Your Company:
If you are going to form a company in Florida, you will have to appoint at least one director for your company. It is not mandatory to choose someone who lives in Florida. But you need to make sure something that the director or directors are at least 18 years old. Your company's bylaws must affirm the number of directors required to form the board of directors of your company.
Prepare and File Articles:
Once the business name and trademark is selected you need to prepare and file articles of incorporation. This filing must be done with the Corporations Division of Florida Department of State.
Obtain License:
You cannot start a business, without obtaining a license for it. But obtaining a license is not an easy affair. It is better to count on a professional.
The legalities associated with the formation of a company are time consuming and complicated. It is better to seek help from a North Florida Company Lawyer to make sure you experience no hassle throughout the procedure.
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