New Business Formation
Entity selection, state filings, EIN, initial accounting setup, and owner-compensation planning — so the structure protects you and minimizes tax from the start.
In short
New business formation at KDM includes entity-type analysis (LLC vs. S-Corp vs. C-Corp), Florida Division of Corporations filing, EIN registration, S-Corp election (Form 2553) where appropriate, initial accounting system setup, and owner-compensation planning. Typically $950-$2,500 all-in depending on complexity.
Entity selection is the biggest decision you make at formation — and switching later is painful. We analyze your specific situation and recommend the right structure.
Forming in Florida has advantages and requirements distinct from other states:
Formation is the easy part. The first 90 days set up everything that happens after:
Pricing
All-in flat fee covering entity selection consultation, state filing, federal EIN, S-Corp election where applicable, and initial accounting setup.
| Item | Complexity | Typical flat fee |
|---|---|---|
| Single-Member LLC | Florida formation, EIN, operating agreement, QuickBooks setup | $950–$1,400 |
| Multi-Member LLC | Same + multi-member operating agreement | $1,200–$1,800 |
| S-Corporation | LLC or corp + Form 2553 election + reasonable-salary analysis | $1,400–$2,200 |
| C-Corporation | Articles, bylaws, EIN, initial board minutes | $1,600–$2,500 |
| Foreign qualification | Out-of-state business operating in FL | $650–$1,100 |
Single-Member LLC
Florida formation, EIN, operating agreement, QuickBooks setup
$950–$1,400
Multi-Member LLC
Same + multi-member operating agreement
$1,200–$1,800
S-Corporation
LLC or corp + Form 2553 election + reasonable-salary analysis
$1,400–$2,200
C-Corporation
Articles, bylaws, EIN, initial board minutes
$1,600–$2,500
Foreign qualification
Out-of-state business operating in FL
$650–$1,100
Florida state filing fees ($125 LLC / $70 corp) and EIN application (free, but we handle it) are included in the flat fee. Registered Agent service is an annual $150 add-on if you use us.
Scope
No surprises mid-engagement. Here's exactly what's in the standard scope, and what we'd bill separately or refer out.
How this engagement works
Free 30-minute call to talk through your business plan, income expectations, partner structure, and goals. We recommend the entity type with the lowest lifetime tax and administrative burden for you.
Sunbiz filing, EIN, S-Corp election, operating agreement, sales-tax and reemployment registration, QuickBooks file built. Most engagements complete in 5–10 business days.
Review call at month 3 — bookkeeping cadence, reasonable-salary execution, retirement-plan timing, first quarterly estimated tax. Catches the common first-year mistakes before they cost you.
FAQ
Related services
Monthly bookkeeping, financial reporting, and CFO-level advisory for South Florida small businesses. Clean books, real insight.
QuickBooks setup, training, cleanup, and ongoing support. ProAdvisor-certified for QuickBooks Online and QuickBooks Desktop.
Full-service payroll for Florida small businesses. Direct deposit, quarterly 941, annual 940, W-2s, 1099s, and reemployment tax.
Call, email, or book online. We respond within one business day — every time.