Steps to Start a Partnership in Florida

Starting a Partnership in Florida gives the owners personal liability protection, great tax rates, and the business benefits that come from operating under a legal entity other than yourself as a sole proprietorship or independent contractor.

We’ve outlined the steps to start a Partnership in Florida within the following 6 easy steps:

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Step 1:

The first of the steps to start a partnership in Florida is to start a Partnership in Florida, is to gather the following contact information for incorporation:

• Name
• Address
• City
• State
• Zip Code
• Phone Number
• Email

Step 2:

The second of the steps to start a partnership in Floirda is to decide on a name for your Florida Partnership.

Step 3:

State the principal purpose of your Florida Partnership.

• This answer will in no way limit the scope of your Florida Partnership.

Step 4:

Next, gather the following entity information:

• Services
• Products
• Company Street Address
• City
• State
• Zip-Code
• County

Step 5:

Enter information on the members of your Florida Partnership:

• Partner Name
• Capital Contribution
• Address Info
• Phone
• Social Security Number
• Voting or Non-voting (establish whether the partner has voting power)
• Total Capital Contribution (sum of all partners)

Step 6:

You may also need:

• A Business License
  Your Partnership may require business licenses, permits, and tax registration to legally provide certain services.
• A Registered Agent
  The Registered Agent will collect the official mail or notifications, then process and communicate them accordingly to the business owner. Florida statutes require that you have and continue to maintain a registered office and registered agent.
• Corporate Kit Seal and Book
  Its purpose is to contain all the corporation’s important documents, such as the articles of incorporation, corporate minutes, bylaws, stock certificates, along with records of important actions taken by the Partnership, such as issuing shares, purchasing real estate and other businesses, and obtaining various licenses.
• A Partnership Agreement
  Establish a Partnership agreement to protect you from negative legal and business implications. You can legally form a Partnership without an agreement, but it’s a risk that a Partner should not take. Call our lawyers at (800) 603-3900 for a free consultation to get more information and legal guidance.

How much time does it take to start a Partnership?

We have 3 options available for speed of service:

• Option 1: Two Weeks
  Processing time to form a Partnership normally takes approximately two weeks.
• Option 2: 3 Days
  For an additional processing fee, you can have your Partnership in 3 business days.
• Option 3: 1 Day
  For an additional processing fee, you can have your Partnership in 1 business day.