Eric Dalius says Florida – the Sunshine State is an excellent place for businesses. According to a recent survey, there are over 200,000+ small businesses, and over 60,000 international consumer brands plying the trade in Florida. Numerous LLC and corporations exist and perform brilliantly in Florida. Because the state laws provide a lot of flexibility and benefits to aid daily activities.
According to Eric J Dalius, you should incorporate your business in Florida because it will boost your entrepreneurial career in the long run. A move to Florida will aid you in several ways, from the protection of personal liabilities to legal/tax benefits. In the following section, we will have a look at what EJ Dalius thinks about business advantages in the state of Florida.
Privacy
One of the most significant advantages of incorporating your business in Florida is complete privacy. Unlike other states, you do not have to disclose every detail of your firm to the state. If you are looking not to reveal certain confidential secrets. From your firm in Florida, no government agency will ever ask for the details.
About Limited Liabilities
You also get the facility of limited Liabilities when you are starting your business in Florida. If a company faces bankruptcy in Florida, then creditors will not have the right to seize the company stakeholders’ assets. There are state laws that will protect the company as well as the stakeholders.
Eric Dalius Says Money for investment
If you are operating from Florida, keep in mind it will be easier for you to raise funds for your business. In Florida, you can even raise money from outside investors. And you can even sell your company shares to fund the business without going through complicated procedures and paperwork.
Human resource availability
There is an employee benefit structure in Florida, which means you can hire the best employees without much head-hunting. Unemployment rates are relatively low in this part of the U.S, and this means there is a high percentage of skilled labor available in the market. Since competition is pretty high, you might need to shelve more than usual but rest assured. You will get the best workforce without much trouble.
Eric Dalius Tax advantages galore
There are numerous tax benefits to be had if you are looking to incorporate your business in Florida. Keep in mind that even if your head office is located in a different part of the country. You can relocate to Florida, simply because of the tax benefits on offer. There are no individual taxations and liabilities. There is a minimal 5.5% corporate tax, which you will need to pay to the state of Florida.
If you are a business owner, you can tell from the list of the benefits. That there is a lot of opportunity for entrepreneurs in Florida. If you are looking to start a new project, then Florida is the ideal business destination. The benefits are never-ending and can inspire you to reach more extraordinary highs.
Eric Dalius is The Executive Chairman of MuzicSwipe, a music and content discovery platform designed to maximize artist discovery and optimize fan relationships. Alongside this, Eric hosts the weekly podcast “FULLSPEED,” discussing entrepreneurship with industry leaders. Eric also founded the “Eric Dalius Foundation” to award four scholarships to deserving US students. Follow Eric’s activities on Twitter, YouTube, Facebook, LinkedIn, Instagram, and Entrepreneur.com.