Why incorporate or form an LLC in Florida?
Incorporating or forming an LLC in Florida helps protect the business owners’ personal assets because it creates a separate legal entity to transact business. If the business operates as a corporation or an LLC, its owners are typically held responsible only for the amount of money personally invested or guaranteed. What’s more, an LLC or corporation often has enhanced credibility with lenders, potential customers, vendors, and employees. If your principal place of business is in Florida, forming there, rather than in another state, will reduce your initial and ongoing costs.