Creating your corporation with Sunbiz.org
Creating your corporation with Sunbiz.org: Step-By-Step Guide
Creating a corporation for a real estate business in Florida involves several steps, but with Sunbiz.org, the process can be simplified. Here’s how you can do it:
- Choose a name for your corporation: The first step is to choose a name for your corporation. Make sure that the name is unique and not already in use by another business. You can check the availability of your desired name using Sunbiz.org’s name search feature.
- Choose a Registered Agent: As a requirement in Florida, you need to have a Registered Agent. The Registered Agent is a person or a company that will accept legal documents on behalf of the corporation. You can choose to be your own Registered Agent or hire a professional service.
- File Articles of Incorporation: Articles of Incorporation are legal documents that formally establish your corporation with the State of Florida. You can file these documents electronically on Sunbiz.org, and you will be asked to provide basic information about your corporation, such as the name, address, and the number of shares you plan to issue.
- Obtain an EIN: An EIN (Employer Identification Number) is a unique nine-digit number assigned by the IRS to identify your business for tax purposes. You can obtain an EIN for your corporation online for free through the IRS website.
- Hire a Broker of Record: As a real estate business, you will need to hire a Broker of Record to ensure that your corporation is in compliance with the Florida Department of Business and Professional Regulation (DBPR). The Broker of Record must hold an active Florida Real Estate Broker’s license and will act as the official broker for your corporation. So, you can hire me as your record of broker to let raise your real estate business.
Once you have completed these steps, you will have successfully created your corporation for your real estate business in Florida, with the added benefit of having a Broker of Record to guide you through the legal requirements of the DBPR.