{"id":372539,"date":"2016-04-11T01:21:52","date_gmt":"2016-04-11T06:21:52","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/state\/florida-law\/florida-corporations-laws.html"},"modified":"2024-12-02T11:51:56","modified_gmt":"2024-12-02T16:51:56","slug":"florida-corporations-laws","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/state\/florida-law\/florida-corporations-laws.html","title":{"rendered":"Florida Corporations Laws"},"content":{"rendered":"\n<div class=\"wp-container-core-columns-is-layout-9d6595d7 fl-sectionWithSidebar fl-container fl-flex fl-flex-wrap fl-gap30\">\n    \n    <div class=\"fl-page-articles fl-section-main fl-section-main-full-width\">\n        <h1 class=\"fl-no-margin-top\">Florida Corporations Laws<\/h1>\n<section class=\"fl-gutenberg-byline\">\n    <div class=\"fl-gutenberg-byline-content\">\n                    <p><i>Created by <a href=\"https:\/\/www.findlaw.com\/company\/our-team.html\">FindLaw&#8217;s team<\/a> of legal writers and editors<\/i><\/p>\n\n                | Last updated\n        <time>\n                            December 02, 2024\n                    <\/time>\n    <\/div>\n\n    \n    <details class=\"fl-gutenberg-byline-toggle fl-gutenberg-byline-legally-reviewed\">\n        <summary>\n            <i class=\"fl-gutenberg-byline-icon\" aria-hidden=\"true\"><\/i>\n            Legally Reviewed\n        <\/summary>\n\n        <div class=\"fl-gutenberg-byline-toggle-content\">\n            <p><em>This article has been written and reviewed for legal accuracy, clarity, and style by <a href=\"https:\/\/www.findlaw.com\/company\/our-team.html\">FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with <a href=\"https:\/\/www.findlaw.com\/company\/company-history\/editorial-policy.html\">our editorial standards<\/a>.<\/em><\/p>\n\n        <\/div>\n    <\/details>\n\n    <details class=\"fl-gutenberg-byline-toggle fl-gutenberg-byline-fast-checked\">\n        <summary>\n            <i class=\"fl-gutenberg-byline-icon\" aria-hidden=\"true\"><\/i>\n            Fact-Checked\n        <\/summary>\n\n        <div class=\"fl-gutenberg-byline-toggle-content\">\n            <p><em>The last updated date refers to the last time this article was reviewed by FindLaw or one of our <a href=\"https:\/\/www.findlaw.com\/company\/our-team\/contributing-authors.html\">contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please <a href=\"https:\/\/lawyers.findlaw.com\/?fli=bylinelink\" target=\"_blank\" rel=\"noopener\">contact an attorney in your area<\/a>.<\/em><\/p>\n\n        <\/div>\n    <\/details>\n<\/section>\n<p>There are many decisions that an owner is required to make when running a successful business. From an attractive business name to <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/choosing-a-legal-structure.html\">choosing the best type of business entity<\/a>, these decisions can have certain ramifications that may effect a business&#8217;s overall success. Since there are several <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/pros-and-cons-why-form-a-corporation.html\">pros and cons to forming a corporation<\/a> under Florida corporations laws, it is important to be fully informed before taking this ambitious step. This is a quick summary of the corporate laws in Florida.<\/p>\n<h2>Incorporating a Business Under Florida Corporate Laws<\/h2>\n<p>Once a company determines that incorporation is the right move, the next thing to do is <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/how-to-incorporate-a-business.html\">learn how to incorporate a business<\/a>. While there are many steps required to forming a corporation under Florida corporate laws, checking for the <a href=\"http:\/\/search.sunbiz.org\/Inquiry\/CorporationSearch\/ByName\" target=\"_blank\" rel=\"noopener\">availability of your business name<\/a> needs to be a top priority. If a business name is already taken, any paperwork filed for a new corporation with the name of an existing business will be denied.<\/p>\n<p>The following table outlines the specifics of Florida corporate laws.<\/p>\n<table cellspacing=\"0\" cellpadding=\"2\" border=\"1\" style=\"width: 600px;\">\n<tbody><tr><td><b>Code Sections<\/b><\/td>\n<td><p><a href=\"http:\/\/www.leg.state.fl.us\/Statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0600-0699\/0607\/0607PartIContentsIndex.html&amp;StatuteYear=2015&amp;Title=-%3E2015-%3EChapter%20607-%3EPart%20I\" target=\"_blank\" rel=\"noopener\">Florida Statutes Chapter 607<\/a>: Florida Business Corporation Act<\/p>\n<\/td>\n<\/tr><tr><td><p><b>Formation<\/b><\/p>\n<\/td>\n<td><p>In order to form a corporation, a document must satisfy the requirements of Florida corporation laws and must be filed in the office of the Department of State. One or more persons may act as the <a href=\"http:\/\/www.leg.state.fl.us\/Statutes\/index.cfm?App_mode=Display_Statute&amp;Search_String=&amp;URL=0600-0699\/0607\/Sections\/0607.0201.html\" target=\"_blank\" rel=\"noopener\">incorporator<\/a> or incorporators of a corporation by delivering articles of incorporation to the Department of State for filing.<\/p>\n<\/td>\n<\/tr><tr><td><p><b>Articles of Incorporation<\/b><\/p>\n<\/td>\n<td><p><a href=\"http:\/\/www.leg.state.fl.us\/Statutes\/index.cfm?App_mode=Display_Statute&amp;Search_String=&amp;URL=0600-0699\/0607\/Sections\/0607.0202.html\" target=\"_blank\" rel=\"noopener\">The articles<\/a> of incorporation must set forth:<\/p>\n<ul>\n<li><p>A corporate name for the corporation;<\/p>\n<\/li>\n<li><p>The street address of the initial principal office and, if different, the mailing address of the corporation;<\/p>\n<\/li>\n<li><p>The number of shares the corporation is authorized to issue;<\/p>\n<\/li>\n<li><p>If any preemptive rights are to be granted to shareholders, a provision stating this;<\/p>\n<\/li>\n<li><p>The street address of the corporation&#8217;s initial <a href=\"http:\/\/www.leg.state.fl.us\/Statutes\/index.cfm?App_mode=Display_Statute&amp;Search_String=&amp;URL=0600-0699\/0607\/Sections\/0607.0501.html\" target=\"_blank\" rel=\"noopener\">registered office<\/a> and the name of its initial registered agent at that office together with a written acceptance; and<\/p>\n<\/li>\n<li><p>The name and address of each incorporator.<\/p>\n<\/li>\n<\/ul>\n<\/td>\n<\/tr><tr><td><p><b>Corporation Name<\/b><\/p>\n<\/td>\n<td><p>Under Florida corporation laws, a <a href=\"http:\/\/www.leg.state.fl.us\/Statutes\/index.cfm?App_mode=Display_Statute&amp;Search_String=&amp;URL=0600-0699\/0607\/Sections\/0607.0401.html\" target=\"_blank\" rel=\"noopener\">corporate name<\/a> must contain the word &quot;corporation,&quot; &quot;company,&quot; or &quot;incorporated&quot; or the abbreviation &quot;Corp.,&quot; &quot;Inc.,&quot; or &quot;Co.,&quot; to clearly indicate that it is a corporation instead of a natural person, partnership, or other business entity. Also, the name may not contain language stating or implying that the corporation is organized for a purpose other than that permitted by Florida law and terms of its articles of incorporation.<\/p>\n<\/td>\n<\/tr><tr><td><p><b>Purpose<\/b><\/p>\n<\/td>\n<td><p>Corporations may be organized under Florida corporation laws for <a href=\"http:\/\/www.leg.state.fl.us\/Statutes\/index.cfm?App_mode=Display_Statute&amp;Search_String=&amp;URL=0600-0699\/0607\/Sections\/0607.0301.html\" target=\"_blank\" rel=\"noopener\">any lawful purpose<\/a> or purposes. This act extends to all corporations, whether chartered by special acts or general laws.<\/p>\n<\/td>\n<\/tr><tr><td><p><b>Fees<\/b><\/p>\n<\/td>\n<td><p>In order to file forms with the secretary of state, incorporators must pay <a href=\"http:\/\/www.sunbiz.org\/feecorp.html\" target=\"_blank\" rel=\"noopener\">filing fees<\/a>. These fees are posted online and are subject to change.<\/p>\n<\/td>\n<\/tr><\/tbody><\/table>\n<p>If you would like legal assistance with forming a corporation, you can contact a <a href=\"https:\/\/lawyers.findlaw.com\/business-organizations\/florida\/\" target=\"_blank\" rel=\"noopener\">Florida business organization attorney<\/a>. You can also visit FindLaw&#8217;s sections on <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/corporations.html\">corporate laws<\/a> for more articles and information on this topic.<\/p>\n<div class=\"was-this-helpful\">\n    <div\n            class=\"was-this-helpful__question-container\"\n            aria-labelledby=\"was-this-helpful__question\"\n            role=\"group\"\n    >\n        <span\n                id=\"was-this-helpful__question\"\n                class=\"was-this-helpful__question fl-text-lg-bold\"\n        >Was this helpful?<\/span>\n        <button\n                class=\"was-this-helpful__button fl-text-sm\"\n                aria-label=\"Yes\"\n                value=\"yes\"\n        >\n            <span class=\"was-this-helpful__button-text fl-text-bold\">Yes<\/span>\n            <i class=\"was-this-helpful__button-icon\">\n                <svg width=\"22\" height=\"22\" viewBox=\"0 0 22 22\" fill=\"none\" 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This is a quick summary of the corporate laws in Florida.<\/p>\n","protected":false},"author":41135,"featured_media":0,"parent":372499,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"app\/Http\/Controllers\/Templates\/ArticleWithBreadcrumbsController.php","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_autodraft_ids":[],"_cloudinary_featured_overwrite":false,"_sb_is_suggestion_mode":false,"_sb_show_suggestion_boards":false,"_sb_show_comment_boards":false,"_sb_suggestion_history":"","_sb_update_block_changes":"","_is_real_time_mode":false,"_realtime_collaborators":"","footnotes":"","cf_checklist_status":[]},"categories":[2743],"tags":[6],"state_laws_tags":[2841],"flmsa":[],"class_list":["post-372539","page","type-page","status-publish","hentry","category-state","tag-aff-corporation","state_laws_tags-statelaws_10_9"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/pages\/372539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/users\/41135"}],"replies":[{"embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/comments?post=372539"}],"version-history":[{"count":0,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/pages\/372539\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/pages\/372499"}],"wp:attachment":[{"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/media?parent=372539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/categories?post=372539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/tags?post=372539"},{"taxonomy":"state_laws_tags","embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/state_laws_tags?post=372539"},{"taxonomy":"flmsa","embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/flmsa?post=372539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}