Eric CruzAn important deadline for all business entities in Florida is fast approaching. All Florida business entities must file an annual report with the Division of Corporations by May 1st of each year. Late filings are subject to a late fee of $400.00 in addition to the regular filing fee, which is currently $150.00 for corporations and $138.75 for limited liability companies.
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Eric CruzAn important deadline for all business entities in Florida is fast approaching. All Florida business entities must file an annual report with the Division of Corporations by May 1st of each year. Late filings are subject to a late fee of $400.00 in addition to the regular filing fee, which is currently $150.00 for corporations and $138.75 for limited liability companies.
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Eric CruzOne of the most often overlooked situations by business partners is the potential of a co-owner’s eventual separation from the business, whether it is a voluntary or involuntary departure.
These situations can be addressed in the governing documents of a business entity, or in a separate document, commonly known as a Buy-Sell Agreement.
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Eric CruzSCAM ALERT: If you own a business thru a corporation or LLC you may have received or will receive shortly a deceptively misleading form in the mail asking you to fill out and return to the address listed therein an official looking form along with a fee of $125.00. The form is intended to trick you into believing it is from the Florida Department of State.
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