Eric J Dalius is Florida a good place to incorporate your business? Does Florida provide great benefits to the new businesses?
Geographically, Florida is known as the ‘Sunshine State’, it is indeed a great place. For businesses where 200,000+ small businesses and 60K+ big businesses conduct international trade. LLC and Corporations exist in the state and perform well because the business laws of Florida are very flexible. If you have an LLC start-up or a Corporation in Florida, the state will provide many benefits and advantages that will help you and your business in the long run. So, incorporating your business in Florida may help you a lot in several circumstances. Even it can help you to protect your personal liabilities as well. Check out what Eric Dalius suggested about incorporating a business in Florida.
Privacy
One of the best benefits of starting your business in Florida is that you don’t have to disclose each and every detail of your company. If you wish not to disclose any of your confidential secrets, in most cases no one from the government side will ask you for providing the details. So, here in Florida, you can protect your privacy.
Limited Liabilities Explained by Eric J Dalius
Another best thing for starting a business in Florida is getting limited liabilities. Basically, in most of the scenarios, the state law protects the company and its stakeholders from personal liabilities. For instance, if any company goes bankrupt. The creditors will have no right to seize any of the personal assets of the company stakeholders.
Raising Money for Investment
If you incorporate your business in Florida, it is very easy to raise funds for your business. You can raise the necessary funds for your company within the state of Florida or even from outside investors. That means it is very easy to sell your company shares for funding your business without having much hassle.
Availability of the Best Human Resource
As per the employee benefit structure of Florida, you can hire the best employees for your company without having much hassle. Although, as here in Florida, the unemployment rate is much lower than the other states of the USA, therefore, you may have to bear some extra cost to hire the best employees for your organization. But still, it is referred to as a good deal by EJ Dalius as you are getting talented and hardworking human resources ready to work for your organization.
Tax Advantages
The advantages of taxes make the state of Florida the right choice for your start-up destination. Even if you have your establishment settled in a different part of the USA, you would love to relocate your organization to Florida because of the suitable tax advantages. There are no individual taxation liabilities that you have to take as it’s already free in most of the cases. Although, there is a minimal corporate tax of just 5.5% that you need to pay depending upon circumstances.
Conclusion
So, as a business owner, you can easily understand the value of opportunities that you can get in Florida. Indeed, the benefits are never-ending and can really inspire you to incorporate your dream business in the state of sunshine. So, if you are thinking of a start-up, it would be best if you choose Florida as your business destination.
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.