Florida

Florida is an attractive jurisdiction in which to incorporate as sales tax applies only to products sold within Florida and, unlike many other US states, there is no Personal Income Tax. Furthermore, the relaxed reporting standards meaning companies registered in Florida are not required to file annual accounts and directors and shareholders both benefit from a high degree of privacy.

Taxes:

Companies require a registered agent and a registered office where the Secretary of State and other official parties may send legal documents. Companies are not obliged to have their registered office in Florida. If the company’s registered office is in Florida you may act as your own registered agent, however, if it is outside of Florida we can provide you with a resident agent as part of our Corporate Administration Package.

• Modern and efficient multilingual banking & financial services sector;
• Excellent air and sea connections and telecommunications services;
• Professional, reputable and efficient Government and Tax Authorities;
• A mature professional services sector;
• Very low expense level (fees) for financial and professional service provision compared to other Jurisdictions. The difference is more evident in the case of professional service recurring costs (administration, accounting & tax compliance) are estimated to be at 35- 40% of Western European rates.