Florida LLC vs corporation
A Florida LLC costs $125 to form and $138.75 a year to report; a corporation costs $70 to form and $150 a year. For federal taxes, the IRS treats a single-member LLC as disregarded and a multi-member LLC as a partnership by default, while a corporation is taxed as a C corporation unless it elects S status. Talk to a tax professional before you choose.
Verified against the Florida Division of Corporations on Oct 21, 2026
- List who will own the business and whether you plan to raise investment.
- Compare state formation and annual report fees.
- Review the default IRS tax treatment for each.
- Consider whether an S-corporation election makes sense.
- Decide, then file with the matching Florida form.
| LLC | Corporation | |
|---|---|---|
| Florida formation fee | $125 | $70 |
| Annual report | $138.75 | $150.00 |
| Late annual report | $538.75 | $550.00 |
| Default federal tax | Disregarded (1 member) or partnership | C corporation |
| S-corp election | Available (Form 2553) | Available (Form 2553) |
| Internal document | Operating agreement | Bylaws |
- LLC formation $125; corporation formation $70 ($35 + $35). Official source
- Annual reports: LLC $138.75, profit corporation $150. Official source
- Default IRS classification of LLCs and electing corporate treatment. Official source
- Form 8832 lets an eligible entity choose its classification. Official source
Corp USA is not a law firm and does not provide legal, tax, or accounting advice. We are a document filing service. Use of this site does not create an attorney-client relationship. For legal advice, consult a licensed attorney.
Which is cheaper in Florida?
The corporation is cheaper to form ($70 vs $125) but slightly more each year ($150 vs $138.75).
Can an LLC be taxed as an S corporation?
Yes, if it is eligible and files the appropriate IRS election. A tax professional can advise.
Do you give tax advice?
No. We are a document filing service, not a law or accounting firm.