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How Long Does It Take to Open An LLC in Florida? (2024)

Max Smith

Reading Time: 5 minutes

As an entrepreneur, when you are about to open an LLC in Florida, a question may arise: “How long does it take to open an LLC in Florida?” The answer involves several steps, and each may have its own timeline.

The LLC formation process may take from a few days to several weeks. This article will discuss every stage involved, focusing on their estimated timeframe.

We will also shed some light on the time differences between mail and online methods. Also, there are some suggestions to prevent any delays.

So, let’s dig into our comprehensive guide first. It is broken down into steps, explaining the time involved in each

As opening an LLC involves several steps, we will discuss how long does it take for LLC approval in Florida by breaking it down into each step.

Steps

Estimated Time

Planning and Research

1-2 weeks

Name Reservation

1-2 business days

Filing Articles of Organization

A week

Obtaining an EIN

A few minutes to 1 business day

Additional Licenses and Permits

Depends

Operating Agreement

1-2 weeks

Annual Report

Due by May 1st of each year

1. Planning and Research

Estimated Time: 1-2 weeks

Before starting the Florida LLC formation process, the initial step begins with careful planning and research. In this step, you have some work to accomplish, such as:

  • Deciding on a suitable business name,
  • Identifying the LLC owners,
  • Determining the business structure, &
  • Understanding the legal and tax implications.

The time it would take to accomplish these is 1-2 weeks. It depends on your business’s complexity and the dedicated time to do these things.

2. Name Reservation

Estimated Time: 1-2 business days

Although this step is not mandatory, if you spend those couple of days behind it, it will be worth it. Because it ensures no one else will share the same name while you prepare your articles of organization.

However, how long does an LLC take to process in Florida on a name reservation topic? Well, the Florida Division of Corporations typically takes 1-2 business days. You can reserve your desired name with them.

3. Filing Articles of Organization

Estimated Time: A week

The Articles of Organization are the formal paperwork to create your LLC in Florida. It contains basic information about your LLC, including name, address, registered agent, and business purpose.

There are 2 ways to file for this, with different required times:

  • Online filing typically takes 1-2 business days &
  • Mail filing can take 5-7 business days.

4. Obtaining an EIN

Estimated Time: A few minutes to 1 business day

The IRS assigns you this nine-digit number, an EIN (Employer Identification Number). It will identify your business for tax purposes. Indeed, you will need it, especially if your LLC has employees or more than one member.

Fortunately, obtaining an EIN is a quick process in Florida. If you do it online, you will receive your EIN immediately after applying.

And, if you apply by fax or mail, it will not take longer than a business day.

5. Additional Licenses and Permits

Estimated Time: Depends

It is a step in which we need certainty to predict the time. Because various types of licenses and permits have different conditions to process and get issued,

Undoubtedly, the type of license or permit you need to obtain depends on the nature of your business. For instance, there can be professional licenses, zoning permits, health permits, or environmental permits.

Moreover, we suggest researching thoroughly to identify which ones are necessary early in the process. It will help you to avoid any delays.

6. Operating Agreement

Estimated Time: 1-2 weeks

An operating agreement is a document that outlines the necessary internal procedures of an LLC. While Florida law does not require you to have this, it’s highly recommended.

Surely, it can take some time to draft an operating agreement. Mainly if there are multiple members with various responsibilities and areas of interest. Because there is so much to cover in this important document, like:

  • Organization and structure,
  • Members’ ownership interests,
  • Management and distribution,
  • Transfer of membership interests & more.

7. Annual Report

Estimated Time: Due by May 1st of each year.

After forming your LLC in Florida, you must submit an annual report to the Florida Division of Corporations. It is due by May 1st of each year. Here, you will find updates about your LLC’s current conditions, such as ownership, management, and contact information.

Lastly, you must file the annual report on time to avoid being charged late fees and other penalties. So mark the deadline on your calendar and submit it promptly each year.

Time Comparisons Between 2 Methods

Although these are the steps for the formation, let’s compare the time estimations between the online and mail filing methods.

Faster Option: Online Filing

  • Processing Time: Florida’s Division of Corporations aims to complete the process within 2 business days.
  • Benefits: Online filing allows you to download your documents immediately upon processing.

Slower Option: Mail Filing

  • Processing Time: It is expected to have a total turnaround time of 3–4 weeks.
  • Drawbacks: Mail filing is the slowest option. There are potential delays and uncertainties with this option.

Furthermore, submitting your application to the Division of Corporations is a deadline. The state takes 12 business days to review and approve your application. After that, it takes another few days for your approved documents to reach you.

Additional Considerations While Filing LLC in Florida

How long to get LLC in Florida? You may not need to wait longer if you follow the steps properly and remain aware of a few factors. Some of the major considerations are:

  • Regardless of the filing method, your LLC might get delayed without an accurate submission.
  • Always check for any updates on current processing times. It will save you any delays if there are slight alterations to the requirements.
  • Consider filing during less busy times for a faster process, like avoiding Mondays or before holidays.

Conclusion​

Ideally, you have gained a clearer picture of LLC formation as you can answer, “How long does it take to open an LLC in Florida?” Preparing and drafting documents like an operating agreement may take a few weeks. 

But if you opt for the whole online method, it will be faster than mailing. Also, follow our tips for additional consideration so that you will be able to handle the delays.

Lastly, do you know how much an LLC is in Florida?

Key Points

How long does an LLC take to process in Florida?

    • Planning and research: 1-2 weeks.
    • Name reservation: 1-2 business days.
    • Articles of Organization filing:
      • Online: 1-2 business days.
      • Mail: 5-7 business days.
    • EIN acquisition: a few minutes to 1 business day.
    • Licenses and permits vary depending on the type.
    • Operating agreement: 1-2 weeks.
    • Annual report: the deadline is May 1st of each year.
  • Time comparisons:
    • Faster option: online filing
      • Processing time: 1-2 business days.
      • Benefits: immediate download of approved documents.
    • Slower option: mail filing
      • Processing time: 3–4 weeks.
      • Drawbacks: delays due to mailing and potential uncertainties.
  • Additional considerations:
    • Incomplete and inaccurate applications will cause delays.
    • Check for current processing time updates.
    • File during off-peak periods for a faster process.

Frequently Asked Questions

How long does it take to get an LLC in Florida?

You can count on between 2 and 5 business days to set up your LLC in Florida. However, the timeline depends on the state’s speed of filing.

How long does it take to process an LLC in Florida?

Usually, it takes 1-3 business days to process an LLC filing online in Florida. On the other hand, it may take 5-7 business days to mail filings.

How much does it cost to start an LLC in Florida?

The registration filing cost is $100, and there are also 25 fees for registered age. You may pay $125 to form your LLC in Florida. But yes, there are other administrative and operational expenses when forming an LLC.

Max Smith - LLC Formation

He is a seasoned entrepreneur and legal expert at LLC Formation Hub. With a stellar track record in both business and law, Max simplifies the complexities of LLCs. His practical insights, featured on LLC Formation Hub, empower entrepreneurs across the USA. Max merges business finesse with legal acuity to guide businesses toward success.


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