Incorporation

In the U.S. the basic conditions for incorporating a business as a Corporation are determined at the state level.  However, based on many states laws, the formation of a Limited Liability Company (LLC) is determined at the federal level, and there exists the "Uniform Limited Liability Company Act" (ULLCA) and the "Prototype LLC Act" model laws. Nevertheless, in both types of companies - the LLC and the Corporation - the important question is the minimum capital requirements and the minimum number of founders required and this, in part, varies between the different U.S. states and thus depends on the state the company is based and what state the company is doing business in.

Starting a Business in Florida

For its clients ALTON is active throughout Florida because, as a rule, it is a state particularly favorable for conditions of business creation. However, in no way does does this mean that the business operations of the company you establish there are limited to the state of Florida. You can operate as a LLC, or as a Corporation, in many parts of the business world and even have it focus its core operations - for example in Germany. Entry in the U.S. is for founders who want to form a company under U.S. law and operate in Germany without the necessity of its founding and incorporating procedures.

Why Florida?

Both a Corporation and a LLC can be incorporated in Florida with only a single person. In addition, the establishment of a LLC and a Corporation in Florida is possible without shares of capital, so the hurdle for entrepreneurs is a low one. If required, under certain conditions founders in Florida, can also remain anonymous. As to taxes and levies to be paid, Florida is also a good choice in comparison to many other U.S. states.

In order to establish a U.S. Corporation one does not necessarily have to be a U.S. citizen. Germans can also use this legal form. The only requirement is a minimum age of 18 years. The establishment of the Corporation is both possible through natural and legal entities (e.g. companies). In principle, companies from different industries can use the correct type of "Corporation" to do business. Exceptions are activities for which a special permit is necessary. A Corporation has a business address in the U.S. and a so-called Registered Agent. For the U.S. authorities, the Registered Agent is the person designated to officially receive and send legal papers on behalf of a business entity.   

For entrepreneurs of a LLC or a Corporation with the desire to conduct business in Germany, ALTON can represent both their official U.S. headquarters address as well as act as their Registered Agent so that those legal requirements for the company's existence are met.

Florida's official rules for a Corporation are established by the state and its statutes are found in Title XXXVI (Business Organizations), Section 607 (Corporations).