🌴 Why You Need to Understand Florida Business Taxes
Florida is known for being tax-friendly, especially for small business owners, digital entrepreneurs, and foreign founders. However, even with no state personal income tax, there are specific taxes and filings every business must comply with.
At Corpulate, we simplify this entire process—from LLC formation to federal and state tax filing, whether you’re a U.S. resident or not.
🧾 Key Florida Business Taxes in 2025
1. State Corporate Income Tax (C‑Corps)
- Rate: 5.5% (on taxable income over $50,000)
- Who it applies to: Only C-Corporations
- Filing: Florida Form F-1120
- Corpulate helps: We’ll calculate, file, and ensure your quarterly estimated taxes are submitted on time to avoid penalties.
2. LLCs, S‑Corps & Sole Proprietors (Pass-throughs)
- State Personal Income Tax: 0% in Florida (No tax for pass-through income)
- Federal Taxes: Still apply (10%–37% based on IRS brackets)
- Corpulate helps: We file your 1040 + Schedule C (or K-1) and help you maximize deductions.
3. Sales & Use Tax
- State Rate: 6%, total may vary with county surtax
- Applies to: Product sellers, digital services, commercial lease renters
- Corpulate helps: We register your business for Florida sales tax and file monthly/quarterly Form DR-15.
4. Franchise & Annual Reports
| Business Type | Annual Report Due | Cost |
|---|---|---|
| LLC | May 1 | $138.75 |
| C‑Corp | May 1 | $150.00 |
- Corpulate helps: Our compliance team auto-files annual reports before deadlines and keeps you penalty-free.
5. Reemployment & Property Taxes
- Reemployment Tax: Applies to most employers; rate depends on wage base
- Tangible Property Tax: Filed annually if you own assets like laptops, equipment, etc.
- Corpulate helps: We file DR-405 property tax forms and manage reemployment filings.
📊 Federal Tax Obligations
| Entity Type | Federal Tax Bracket |
|---|---|
| LLC (Sole/Partnership) | 10%–37% (based on personal income) |
| C‑Corporation | Flat 21% corporate income tax |
- Corpulate helps: We prepare and file IRS forms for both business and personal federal taxes—1040, 1120, 1065, 5472, and more.
🤝 How Corpulate Helps You Stay Compliant
✅ LLC or C‑Corp Setup – We help you start your Florida company with state registration, EIN, and business bank account.
✅ BOI & Compliance Reporting – We handle Beneficial Ownership filing (BOI) and annual state requirements.
✅ Sales Tax Registration – We register your business for state tax and file returns for you.
✅ Quarterly & Annual Federal Taxes – We manage estimated taxes and yearly reports.
✅ Personal Tax Filing – Whether you’re a U.S. citizen or foreign founder, we’ll file your individual tax returns (Form 1040 + Foreign Compliance if needed).
✅ Audit-Ready Records – Your books stay clean, clear, and IRS-compliant.
🧭 Florida Is a Smart Choice—Here’s Why
- ✅ No state income tax
- ✅ Low formation fees
- ✅ Business-friendly legal system
- ✅ Perfect for E-Commerce, real estate, tech startups, and consultants
- ✅ Supports both residents and foreign founders with minimal overhead
📈 Summary Table: Florida Business Tax Breakdown
| Category | LLC / S‑Corp | C‑Corporation |
|---|---|---|
| State Income Tax | 0% | 5.5% (> $50k) |
| Federal Tax | 10–37% (personal) | 21% (flat) |
| Annual Report Fee | $138.75 | $150.00 |
| Sales Tax | 6–7.5% | 6–7.5% |
| Formation Fee | $125 | $70 |
| Other State Taxes | Reemployment, Property | Same |
💼 Ready to File the Smart Way?
With Corpulate, you’re not just forming a company—you’re building a fully compliant, tax-smart U.S. business. Whether you’re in Florida or managing remotely from abroad, we’ll take care of every form, filing, and deadline.