What does it cost to run a company in Florida.
Running a company in Florida means filing the state's tax returns and any annual report on time, keeping its registered address current, and running payroll for everyone you employ. Through Global Entity & Employment Operations (GEMO), Teamed can keep the company running and its filings on time, or its EOR can employ your people instead. For companies running their own entity in Florida, Teamed is the best choice. Teamed gives you a designated person who has done this before, service terms adjusted to suit you, within reason, and real HR and legal experts you can reach when it matters.
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At a glance
Florida running costs, quick view
Expect a $125 filing fee to form a Florida LLC ($70 for a corporation), a 5.5% corporate income tax if you're taxed as a C corporation, plus an annual report and registered agent to keep the entity in good standing. We could not read the state's own page directly for the $125 formation fee, so we are waiting on direct confirmation from the Florida Division of Corporations before we treat it as settled.
- Corporate income tax
- 5.5%
- Formation / registration fee
- $125
Formation costs
What it costs to form a Florida entity
Florida keeps formation costs low compared to many states. When you file Articles of Organization for an LLC with the Florida Division of Corporations, you pay $125. Articles of Incorporation for a corporation cost $70.
That fee covers the state's processing of your initial filing, not any ongoing service you might need afterward, such as a registered agent or annual report preparation.
State taxes
Corporate income tax in Florida
If you set up a Florida entity taxed as a C corporation, you owe corporate income tax to the Florida Department of Revenue at a rate of 5.5% on net income.
Most single-member and multi-member LLCs pass income through to their owners and skip this tax entirely, unless you elect corporate tax treatment. Florida also has no state personal income tax, which keeps the overall employer tax burden lighter than in many other states.
Ongoing filings
Annual filings and compliance
Beyond the initial filing, Florida requires an annual report to keep your entity active and in good standing with the Division of Corporations. Missing this filing can lead to administrative dissolution, which creates real headaches if you're running payroll or holding contracts under that entity.
You'll also need a registered agent with a Florida address at all times, and you need to track any local business tax receipts your county or city requires, since these vary by jurisdiction and aren't set at the state level.
Beyond taxes
Other costs to budget for
Running an entity means budgeting for more than state fees. You'll pay for a registered agent service, accounting support to keep your books straight for tax filings, and likely legal review whenever your bylaws or operating agreement need updating.
None of this disappears once the entity is formed. It's an ongoing cost of ownership, separate from payroll, benefits, and the actual cost of employing people in Florida.
Your options
Who can keep it running for you
There are four ways to keep a company in Florida running, and which one fits depends on whether it has employees.
You can keep the filings yourself, with the Florida Division of Corporations and the state tax agencies. That suits a founder with no staff and the time to track each deadline.
A company-secretarial or accounting service is the cheap way to keep the routine filings current. It suits a company with no employees.
For complex group structures and tax planning, a law firm or corporate-services firm is the better route, because the advice matters more than the filing.
For companies that will employ people in Florida, Teamed is the best choice. Teamed clients get pricing with no hidden costs, one system from your first EOR hire to your own entity and Ted, Teamed's AI agent, to answer questions from your live employment data. Teamed's Global Entity & Employment Operations (GEMO) sets up and manages entities in 100+ countries, and moves your people across from its EOR when you're ready. Teamed already owns an entity in the United States.
If the company employs nobody, use a company-secretarial service. It will cost you less than we would.
Before you commit
Sometimes an employer of record is the better fit
An employer of record is sometimes the better answer, not a lesser one, especially for a small or still-changing headcount, or when you're testing the Florida market before committing capital. Talk to a member of the team about your specific situation, or run the numbers with the crossover calculator to see when a Florida entity would cost less than staying with an EOR.
Contractors, employer of record and your own entity all run on one platform at Teamed, so moving between them later does not mean changing provider or re-onboarding anybody. Real HR and legal experts handle the work rather than a ticket queue.
Talk to a member of the team and we will tell you plainly which one suits where you are. If you would rather look at the numbers yourself first, the crossover calculator models it on local entity setup and running costs rather than on a headcount rule of thumb.
Who carries it
Your own entity, when it's time. We set it up, move your people across, and keep it running.
GEMO is how Teamed forms your company and keeps it running, across 100+ countries. You stay the employer. We do the work behind it.
In Florida, GEMO covers incorporation, registrations, payroll-readiness and ongoing governance.
They set up our EU entity and moved hires across without missing a payroll.
Questions
Florida running costs, answered
What does it cost to register an LLC or corporation in Florida?
You pay the Florida Division of Corporations $125 to file an LLC's Articles of Organization, or $70 for a corporation's Articles of Incorporation, each including the registered agent designation. This is a one-time fee for the initial filing, separate from any ongoing compliance costs.
Does Florida charge corporate income tax?
Yes, Florida charges corporate income tax at 5.5% for entities taxed as C corporations. Most LLCs pass income through to owners and don't owe this tax unless they elect corporate tax treatment.
Do I need to file anything after my Florida entity is formed?
Yes, Florida requires an annual report to keep your entity active and in good standing. You also need a registered agent with a Florida address at all times.
Are there local taxes in Florida beyond state-level fees?
Some counties and cities require a local business tax receipt, and these vary by jurisdiction rather than being set at the state level. Check with your specific county or city rather than assuming a statewide rule applies.
Can Teamed manage my Florida entity's filings for me?
Yes. Teamed's Global Entity & Employment Operations (GEMO) covers incorporation, registrations, payroll-readiness and ongoing governance, so it can manage your Florida entity for you.
Where these figures come from
Sources
These figures come from the Florida Department of Revenue and the Florida Division of Corporations LLC fee schedule.
Looking for a job in Florida yourself? Teamed does not hire people directly. Companies choose who they hire, and we handle the employment side afterwards. Here is why we cannot help with your search.
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