Have you ever dreamed of owning your own business in the Sunshine State? The freedom and flexibility are attractive to many would-be entrepreneurs and business moguls. What isn’t as attractive is the legal legwork necessary to become a bona fide business. The difference between choosing one corporate structure versus another may be only a variance in forms, but these differences can have significant tax and legal ramifications.

A business based in Florida will typically be structured as one of the four following entities: sole proprietorship, partnership, corporation, or limited liability company. Each entity has its own legal requirements, tax implications, and strategic considerations. As a new business owner, you’ll want to carefully consider the nature of your business and your long-term plans for growth.

The legal expertise of a business attorney can help you to choose the right structure for your new business and execute the correct forms to make your new venture a legal operation. At France Law Firm, we love to support new businesses here in Florida. Make an appointment with our legal experts today and set your business up for success!