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In Orlando, United States, as with the rest of the country, legal structuring and registration is a crucial stage for any new business. Laws around new business formation regulate the establishment of corporations, limited liability companies (LLCs), sole proprietorships, and partnerships. Ensuring that your business is appropriately structured according to these laws is crucial to protecting your personal assets, meeting tax obligations, and fostering business growth.
Starting a new business can be complex, involving many legal requirements. You may need a lawyer to help with choosing the right business structure, completing and filing the necessary paperwork, understanding your tax and regulatory obligations, and protecting your personal assets from liability. An experienced business attorney can help you navigate local laws and regulations, helping to ensure your business starts off on a solid legal footing.
Orlando’s business laws are primarily regulated by the State of Florida. Factors such as type of business, location, whether you have employees, etc., will determine specific local laws applicable to your business. For example, LLCs are regulated under Florida statutes Chapter 605, while corporations fall under Chapter 607. Local zoning laws may also impact where within Orlando you can set up shop. Operating without appropriate licenses can lead to heavy penalties, and failure to comply with tax laws can result in fines and legal complications.
This depends on factors such as the number of owners, desired level of liability protection, tax implications, future business goals and more. Consider consulting with a business attorney to determine the best structure for your situation.
This typically involves choosing a business structure, registering a business name, obtaining necessary licenses and permits, setting up tax and bank accounts, and shielding personal assets from liability. The specifics may vary based on your type of business.
Yes, most businesses will require a physical address to register with the state and to receive official government correspondence. P.O. Boxes usually aren't accepted.
Depending on your type of business, you may need local, state or federal business licenses or permits to operate. These could include a general business license, zoning permit, professional license, health permit and more.
While non-U.S. citizens can start a business, there are additional steps involved, and certain business structures may not be applicable. Be sure to seek specific legal advice.
The City of Orlando website has numerous resources including the 'Doing Business in Orlando' guide. Also, the Florida Department of State’s Division of Corporations provides comprehensive resources on business formation in Florida. Online resources like the Small Business Administration (SBA) website, and local organizations like SCORE Orlando provide advice and mentorship.
If you're considering starting a business in Orlando, your first step should be to consult with a knowledgeable business attorney who can help guide you through the process. You should also conduct your own research into the necessary steps and be ready to engage with local and state resources to ensure your new business is compliant with all relevant laws and regulations.
