Florida
Taxes and business formation • USA 2025–2026
TL;DR
Florida at a glance — 2026 figures
State filing fees and tax position for individuals and companies registered in Florida.
| Parameter | Value |
|---|---|
| Personal income tax | None |
| LLC formation fee | $125.00 |
| LLC annual report fee | $138.75 |
| LLC annual report deadline | May 1 |
| LLC dissolution fee | $25.00 |
| Corporation formation fee | $70.00 |
| Corporation annual report fee | $150.00 |
State filing fees are set by the Secretary of State and change without notice — the official source is linked in each section below. Federal figures for tax year 2026 are on the 2026 tax cheat sheet.
Updated: August 2026
Corporation in Florida
Tax system of Florida
Income Tax
A key feature of Florida is the absence of a state personal income tax, which is one of the main advantages of living and doing business in the state.
Sales Tax
Florida's base sales tax rate is 6%. Some counties add a local surtax of 0.5% to 2.5%. The tax applies to many goods and services, such as sales of merchandise, commercial real estate rentals, and certain services. Determining the taxable base and the applicable rate can be complex and requires a professional approach. We provide services for obtaining a Sales Tax Certificate, preparing and filing the Sales and Use Tax Return, and we advise business owners on registration, calculation, and reporting.
Property Tax
The property tax rate varies by county and averages about 0.83% of the assessed value of the property.
Business Taxes
The corporate income tax applies only to C-corporations and does not extend to S-corporations. The rate is 5.5% of taxable income.
Annual Reporting
LLCs and corporations are required to file an Annual Report by May 1. If you have difficulty filing it, we provide services for preparing and filing this report.
Excise Taxes
Florida levies excise taxes on items such as alcohol, tobacco, and fuel. These charges vary depending on the category of goods.
Frequently asked questions
Does Florida have a personal income tax?+
No. Florida does not levy a personal income tax on wages or self-employment income. You still file a federal Form 1040 with the IRS every year, and you may owe tax to another state if you earned income there.
How much does it cost to register an LLC in Florida?+
The state filing fee in Florida is $125.00. On top of that you need a registered agent with a physical address in the state, and FinTaxes charges from $299 for the formation service itself.
When is the annual report due for a Florida LLC?+
The Florida annual report fee is $138.75, due May 1. Missing it typically triggers a late penalty and, if left unresolved, administrative dissolution of the company.
Do I need to live in Florida to open an LLC there?+
No. You do not need to live in Florida — or in the United States at all — to own an LLC registered there. Non-residents can form and own a US LLC; what the state requires is a registered agent with a physical in-state address. Your own tax residency is a separate question and decides which returns you file.
Can FinTaxes file my Florida state return remotely?+
Yes. FinTaxes prepares and e-files federal and Florida state returns entirely remotely, for clients anywhere in the US or abroad, as an Authorized IRS e-file Provider.
Starting a business in Florida?
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