Florida business owners know that there are severe consequences for failing to comply with business license requirements, but it can be difficult to know all of your legal obligations. There is a vast, complicated maze of responsibilities at the federal, state, and local levels. Getting your head around every law and regulation is extremely time-consuming, especially when you have a business to run. Yet, if you fail to properly file for a business license or make mistakes, the interests of your company are on the line. You should work with a Palm Harbor, FL business formation lawyer to ensure you cover all your bases, but some general information may also be helpful.
Most business owners will need to file business organization documents with the Florida Secretary of State’s Office law before being able to apply for a Palm Harbor, FL business license. There are a few options to consider, especially when you want to insulate yourself from the liabilities of your company. For instance, you can protect your own personal assets if you file as a:
- Florida Limited Liability Company; or,
- General or Limited Partnership.
The exception to the above is if you intend to operate as a sole proprietorship. There are different regulations that apply; notably, if you run your company under a name that is different from your own, you must register a fictitious name with the Division of Corporations.
Plus, you should keep in mind that additional requirements apply to certain types of businesses operating in Florida. You need a professional license to engage in some occupations, or you might be operating in an industry where it is necessary to acquire proper permits. The specifics different depending upon what your company does, where you are located, and other circumstances.
You will need a taxpayer ID number to apply for a Palm Harbor, FL business license. If you organize your business as a corporation, LLC, or partnership, you will need to obtain a Federal Employer Identification Number (FEIN). Sole proprietorships may use a personal Social Security Number (SSN).
Obtaining Your Palm Harbor, FL Business License
After properly filing at the federal and state level, you can apply for your Florida “business tax receipt.” You will need to provide proper supporting documentation, including:
- Your Florida certificate as a corporation, LLC, or partnership;
- Your FEIN or SSN;
- Any professional license or credentials as required by your specific industry or practice;
- Information regarding your employees, if any; and,
- Other types of paperwork as required by law.
Get Business License Help from a Pinellas County Business Formation Lawyer
This overview may be useful, but there may be additional requirements. Every business is different, so you should talk to a knowledgeable business formation attorney about your unique circumstances. Our lawyers at Clearwater Business Law tell you more about your obligations, so please contact us at (727) 785-5100 to set up a consultation. Our skilled legal team assists clients throughout Pinellas and Hillsborough Counties with all types of business law matters, including litigation, contracts, employment claims, and other disputes.