What are the options for relocating my business to Florida?


What are the options for relocating my business to Florida?

If you’re considering relocating your business to Florida, there are several options to consider. Here are the main ones:

1. Operate as a foreign entity: If your business is currently established outside of Florida, you can still trade in the state by registering your company as a foreign entity. This process involves completing the necessary paperwork, but it is usually quick and straightforward.

2. Domesticate the business: If you’ve decided that Florida is the ideal location for your business, you can move your headquarters to the state. To do this, you’ll need to complete three procedures. First, obtain a certificate of good standing from the state where you currently operate. Then, file a certificate of domestication and Articles of Incorporation with the Florida Division of Corporations. Finally, complete the legal process of dissolving your company in the state you’re moving from.

3. Form a new company: In some cases, it may be simpler to dissolve your old company and form a new one in Florida. This approach can free you from any debt or problems associated with the previous company and allow you to start fresh in the new location.

Relocating your business to Florida can offer numerous benefits, and we are here to assist businesses looking to make this move. Contact us to schedule a consultation and learn more about the process.