Full Description

The Complete Guide to Forming Your Own Limited Liability Company in Florida

Every business owner must be aware of the areas of potential risk—from violations of security laws to consumer lawsuits. Setting up an LLC is the best precaution to ensure liability protection for both individual members and the company as an entity. How to Form a Limited Liability Company in Florida teaches anyone how to protect his or her assets in an era of lawsuits and business culpability. How to Form a Limited Liability Company in Florida is a comprehensive guide to setting up and running an LLC in order to best benefit from its liability protection. Learn how you can get the most that an LLC offers, while complying with state regulations.

-Comparing Advantages and Disadvantages of an LLC
-Determining the Best Type of LLC
-Distributing Assets
-Converting an Existing Business
-Establishing Asset Protection
-Listing of federal exemptions
-Guide to selling interest
-Business structure comparison chart
-Step-by-step instructions
-Plain-English glossary of terms
-Ready-to-use, blank forms

Ready-to-Use Forms with Instructions:
-Articles of Organization
-Plan Merger
-Certificate of Conversion to LCC
-and many more…

Table of Contents

Contents

Using Self-Help Law Books-

Introduction-

Chapter 1: Limited Liability Company -
- Common Terms

Chapter 2: Advantages and Disadvantages -
- Compared to Corporations
- Compared to Limited Partnerships
- Compared to Partnerships and Proprietorships
- Converting an Existing Business
- Business Comparison Chart

Chapter 3: Asset Protection-
- Double Asset Protection
- Requirements for Double Asset Protection
- When to Use a Single-Member Company

Chapter 4: Types of LLCs -
- Florida LLC or Foreign LLC
- Member-Managed or Manager-Managed
- Single-Member or Multiple-Member
- Regular or Professional LLC

Chapter 5: Start-Up Procedures -
- Choosing the Company Name
- Articles of Organization
- Certificate of Conversion
- Articles of Merger and Plan of Merger
- Operating Agreement or Management Agreement
- Tax Forms
- Employees
- Bank Accounts
- Licenses

Chapter 6: Capital Structure and Selling Interests-
- Capital Structure
- Payment for Membership Interests
- Securities Laws
- Federal Exemptions
- Florida Securities Laws
- Internet Business Sales

Chapter 7: Running a Limited Liability Company-
- Day-to-Day Activities
- Records
- Reports to Members
- Member Meetings
- Distributions
- Taxes
- Annual Report

Chapter 8: Amending a Limited Liability Company-
- Articles of Organization
- Operating Agreement or Management Agreement
- Registered Agent or Registered Office
- Merging with Another Business
- Resignations

Chapter 9: Dissolving a Limited Liability Company -
- Administrative Dissolution
- Events Requiring Dissolution
- Articles of Dissolution
- Revocation of Dissolution
- Judicial Dissolution
- Distribution of Assets
- Bankruptcy

Glossary -

For Further Reference -

Appendix A: Florida LLC Statutes and Name Rules -

Appendix B: Checklist for Forming a Florida LLC -

Appendix C: Sample, Filled-In Forms -

Appendix D: Blank Forms -

Index -

Excerpt

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