This means an S-Corp must carefully balance salaries and distributions in order to avoid costly audits by the IRS. How to Apply To apply for an S-Corp election, you must file a Form 2553 Election by a Small Business Corporation. The same form can be used by Florida corporations and Florida LLCs. The Form 2553 requires you to enter an EIN for your company. If you have not applied for an EIN, you must do so. The IRS provides Form 2553 Instructions that should be read carefully and fully understood. You must submit the filing no more than two months and 15 days after the beginning of your tax year (in order for the election to be applied that year). Or you can file any time during your tax year for the election to take effect for the following year. You must mail or fax the Form 2553 tot he proper IRS Service Center. The center for the state of Florida is located at: Department of Treasury IRS Service Center Cincinnati, OH 45999 Or fax to: 859-669-5748 There is no filing fee. S-Corp Election FAQs Can an S-Corp Election Be Reversed?
Additionally, our Florida registered agent service includes a free mail forwarding option (up to 5 pieces of non-state mail per year). And, if you need more extensive mail coverage or a unique Florida mailing address for your business, you can upgrade to one of our three paid Florida mail forwarding service packages. File the Articles of Organization or Articles of Incorporation Once you have chosen the name of your business, and hired a registered agent, you have all the information you need to complete the Articles of Organization or Articles of Incorporation. You can obtain a PDF copy of these documents and complete them by hand for a mail or in-person submission, or you can enter the required information online to file digitally. If you hire Florida Registered Agent LLC to form your LLC or corporation for you, we complete these steps and form your business on your behalf. Obtain an EIN One of the biggest differences between forming a company as a non-U. citizen and as a citizen is the process to obtain an EIN.
The name must be distinguishable from any other legal business entity on file with Florida. You can do a quick search on (the official Florida Division of Corporations website) beforehand to make sure the name you want is available. Hire a Registered Agent All legal business entities are required to have a Florida registered agent if they want to do business in Florida. A registered agent is an individual or a legal entity that has a physical address in Florida and agrees to be listed as the registered agent for your company, thus assuming the responsibilities of such. These responsibilities include receiving any legal correspondence from the state of Florida on behalf of your company. If you are located outside of the U. S., it is necessary that you hire a registered agent if you want to form a company in Florida. If it wasn't obvious by the name, that is a service that Florida Registered Agent LLC offers. We serve as a registered agent for U. business owners as well as foreign business owners, and our service includes the free use of our Florida business address.