Amendments & Changes

To transfer LLC ownership in Florida, you follow your operating agreement first and the state’s paperwork second. Most transfers need member approval, a signed Assignment of Membership Interest and an updated operating agreement. A $25 state filing is only needed when the managers or members shown on Sunbiz change. LLC interests don’t move as freelyContinue reading “How to Transfer LLC Ownership in Florida”

To convert a sole proprietorship to an LLC in Florida, you form a new LLC ($125 state fee), get it an EIN, and move your business into it: assets, accounts, licenses and contracts. Technically, you aren’t converting anything. The LLC forms in 2-3 days. Plan on 30-45 days for the full move, and the businessContinue reading “How to Convert a Florida Sole Proprietorship to an LLC”

You change a Florida LLC address on Sunbiz.org. Update your principal or mailing address for free while filing your annual report, or for $25 through an amendment any other time. Changing the registered agent’s address is a separate $25 filing. Once the state has the new address, the IRS, your bank and the Florida DepartmentContinue reading “How to Change Your Florida LLC Address”

To add a member to a Florida LLC, you get the existing members’ approval, sign an amended operating agreement with the new member, and sort out the tax consequences. A state filing ($25) is only needed if the new member will be a manager in a manager-managed LLC. The tax side is where people getContinue reading “How to Add a Member to a Florida LLC”

To change your Florida LLC name, you file Articles of Amendment with the Florida Division of Corporations. Online through Sunbiz.org it costs $25 and usually takes 2-3 business days. Most of the work comes after approval, when your bank, the IRS and everyone else who knows the old name has to catch up. Florida LLCContinue reading “How to Change Your Florida LLC Name”