Author: Benjamin Boyhan

If your LLC is a single-member LLC, then the single member will, by default, be the only authorized signatory. If the LLC is a multi-member LLC, then the managing member is usually the one with authority to sign, but it depends on the LLC’s governing documents. An LLC’s operating agreement can specify who the authorized…

Florida law does not require LLCs to have an operating agreement, but your LLC should have one. Your operating agreement is the blueprint for your business and can make the process of doing business much smoother. Here are some reasons having an operating is beneficial: Beneficial for doing business – An operating agreement is often…

Whether you need to authorize your out-of-state LLC to do business in Florida if it owns real estate depends on what you are doing with the real estate. You need to authorize your out-of-state LLC to do business in Florida if you are “transacting business” in Florida. In general, if the real estate your out-of-state…

If you have an LLC or corporation that is transacting business in the state of Florida, then it needs to be authorized to transact business in Florida. Unfortunately, there is no exact definition of transacting business in the state of Florida. However, a good rule of thumb is that if your company has a physical…

If your LLC or corporation was formed in a state outside of Florida, then Florida considers it a foreign entity. If you have a foreign entity and you want to transact business in Florida, then you are required to register your entity with the state of Florida and obtain a “certificate of authority.” Some examples…