Hello and welcome. Thank you for providing an opportunity to assist you.
Yes, it is perfectly fine. From what I understand from your situation, you will NOT have any business presence in Florida. You do not "do" any business in Florida, as I understand.
In today’s mobile/virtual world, it can be difficult to know just what constitutes doing business in a state. If you’re uncertain whether your particular business needs to foreign qualify, you should check with your attorney or accountant. However, here are some general questions to answer:
- Does your LLC or corporation operate out of any physical presence in the state (i.e. office or retail store)?
- Are you frequently conducting in-person meeting with clients in the state (and not just conducting business via email/phone)?
- Does a significant portion of your company’s revenue come from the state?
- Do any of your employees work in the state? Do you pay state payroll taxes?
- Did you apply for a business license in the state?
Unless you answer "YES" to any of the questions above, I do not think you will be subject to Florida taxation.
Apart from this, Delaware is a good choice. For a Florida resident looking to form a business, there are a number of tax benefits to operating as a Delaware LLC. Delaware does not assess any sales tax, inventory tax or personal property tax. Delaware also allows exemptions for some investment structures. The corporate income tax in Delaware is also among the lowest in the country, at only 8.7 percent. Additionally, the license fees for many industries, such as manufacturers, retailers and LLCs engaged in farming are among the lowest in the country. The annual fee assessed on LLCs is only a flat fee of $250, as opposed to a percentage of LLC income.
I am sure this would help. I wish you good luck.
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