Corporations

Florida corporation succession planning comes down to answering two questions in writing before you need the answers: who will own your shares, and who will run the company, when you can’t. The core document is a buy-sell agreement, usually funded with life insurance. Everything else (gifting, valuation, estate planning) builds on it. Most owners putContinue reading “Florida Corporation Succession Planning: Complete Guide”

Involuntary dissolution of a Florida corporation happens when the state or a court ends the corporation’s active existence without the owners choosing it. Almost every case is administrative: the corporation missed its annual report or lost its registered agent, and the Division of Corporations dissolved it. That kind is usually fixable through reinstatement, but theContinue reading “Involuntary Dissolution of Florida Corporations: What You Need to Know”

To dissolve a Florida corporation, the board adopts a resolution, the shareholders approve it, and you file Articles of Dissolution with the Florida Division of Corporations for $35. That filing is the quick part. Winding up takes longer: paying creditors, closing tax accounts, distributing what’s left to shareholders, and filing final returns. Most corporations finishContinue reading “How to Dissolve a Florida Corporation: Step-by-Step Guide”

To convert a C corp to an S corp in Florida, you file IRS Form 2553 with every shareholder’s signature, no later than 2 months and 15 days into the tax year you want it to start. There’s no Florida filing. Your corporation stays the same Florida corporation, and only its federal tax treatment changes.Continue reading “How to Convert a C-Corp to S-Corp in Florida”

To domesticate a corporation to Florida, you adopt a plan of domestication, get board and shareholder approval under your current state’s law, and file Articles of Domestication with the Florida Division of Corporations for a $35 fee. The company doesn’t dissolve and restart. It’s the same corporation with the same EIN, contracts and history, justContinue reading “How to Domesticate an Out-of-State Corporation to Florida”

To merge Florida corporations, each company’s board approves a written plan of merger, each company’s shareholders vote on it, and you file Articles of Merger with the Florida Division of Corporations. The filing fee is $35. Once the merger takes effect, one corporation absorbs the other, and its assets and liabilities move over automatically. TheContinue reading “Merging Two Florida Corporations: Complete Legal Guide”

To amend Florida articles of incorporation, your board adopts the change, your shareholders approve it if the law requires, and an officer files Articles of Amendment with the Florida Division of Corporations. The filing fee is $35, and that covers one change or several in the same filing. The filing is the easy part. MostContinue reading “How to Amend Florida Articles of Incorporation”

To change a Florida corporation name, you get board and shareholder approval and then file Articles of Amendment with the Florida Division of Corporations. The state filing fee is $35. That part is quick. What takes longer is everything after it: the IRS, your bank, licenses, contracts and every place your old name appears. PlanContinue reading “How to Change Your Florida Corporation Name”