Incorporation & Notary Services as well as general Business Services complete our offers. We have helped our clients fill countless government forms and applications. Great ties to local financial and business service providers will enable us to find somebody to help you if we can’t do the job ourselves. Complete Incorporation Service including all filing fees, all documents, federal & state tax ID, worker’s comp exemption and license applications, in person consultation and regulation related guidance only $300.
INCORPORATION PROCESS AND WHAT YOU GET FOR YOUR MONEY
These services and documents are included in our flat fee
- Consultation w/ name check availability
- Incorporation of YOUR CORPORATION, incl. filing fee
- Form SS-4 federal tax ID
- Form 2553 – election of S-Corporation (if applicable)
- Stock certificate(s) with Apostille
- Minutes of organizational meeting
- Bylaws
- Power of Attorney
- City & County Licenses, not including fees
- Worker’s Compensation exemption, not including fees
- General Contract for Services
- Work for Hire Agreement
- Application for Sales Tax number (if applicable)
- EFTPS.gov application (to pay your taxes online)
Process of Incorporation and timeline
- You submit information and make your payment
- We file your company within 24 hours of receipt
- Tallahassee processes (right now about 20 days)
- We apply for tax ID and prepare all documentation
- You open a bank account
- With the bank information, we apply for Sales Tax and EFTPS
- You submit the City license application
- With the City license number, we apply for the county license
- With all license numbers in place, we apply for worker’s compensation exemption
Submit your completed Incorporation Services form to daytonasolutionsinc@gmail.com.
Frequently Asked Questions (FAQ)
- I am operating my own business and know I need to have a “real company”. What are my options?
LLC or Limited Liability Corporation gives you all the asset protection you need without a lot of change to the way you’re doing business now as a Sole Proprietor. If this is a single member LLC, you can keep filing Sched. C with your personal tax return. Your Liability is Limited to the assets owned directly by the LLC and nobody can touch your personal assets if things go south. You are able to get worker’s compensation exemption as an LLC member. A multi-member LLC must file a separate tax return, which means added expenses. The drawback is that every LLC member pays full 15.3% social security and medicare taxes on the entire amount of the profits, unless you only have passive income (as a landlord, etc.
S-CORPORATION is another option. You have the same asset protection, must file a separate tax return and can have 1 to 100 shareholders, who can own 1 to 100% of the company. The really good thing is that any shareholder who is also working for the company will pay social security and medicare taxes only on the portion of his or her salary, but not on the profits. This can safe a lot of money over time. You also can get worker’s comp exemptions as an S-Corporation shareholder. (up to 3 shareholders in construction)
C-CORPORATION is the least popular option for small businesses since it involves a lot more documentation. Plus, the corporation is taxed on the profits and then the shareholder taking out money is taxed again. This only makes sense if you don’t qualify for S-Corp status or have a very specific situation we would need to discuss in person.
- Sounds complicated – what do you suggest?
My personal go-to is always the S-corporation. However, you can have an LLC and then apply for an S-Corporation tax status.
- Got it – so how do we go from here? How can I make this less stressful for me?
You will be surprised by how easy the process actually is once you’ve decided which way to go. Provide us with the data needed[link INC sheet] through email/fax/mail/24-hour secure drop off and we will do a preliminary name check. If your desired name is available, you pay the incorporation fee online [link pay my bill] and we will e-file you. Once approved by Tallahassee, we’ll apply for a Tax ID number and process all documents [link process and what is included] you will need. At this point we should get together so I can notarize your incorporation papers for you and formally transfer the new company into your hands. The other option is to get everything to you per mail/email and you use a Notary of your choice.
- Sounds good – but how much is this going to cost me?
Flat fee for incorporation services is $300, including all filing fees and these documents/services [link process and what is included]
- Notary Services – what can you notarize?
The State of Florida allows a Notary Public to notarize signatures for a wide variety of documents, contracts and affidavits. We are also able to notarize the authenticity of a document, except birth and death certificates. And last but not least, I can perform a wedding ceremony and legally marry you.