Tax · Accounting · Advisory
New Business Formation
We turn your vision into a registered, compliant business, and explain every option so you choose with confidence.
Start on a Solid Legal Foundation
Business formation is the legal process of establishing your company: choosing an entity, registering with the state, and obtaining the licenses and permits you need to operate.
The structure you pick shapes your taxes, your personal liability, and how you raise money, so it is worth getting right the first time. With guidance from an IRS Enrolled Agent, we help you weigh the tradeoffs against your long-term goals, then handle the Florida registration and filings.
Business Structures
Choose the Right Structure
A quick, plain-language look at the five most common options.
- Sole Proprietorship
One person owns and runs the business with maximum autonomy and minimal paperwork. Income and expenses are reported on your personal return using Schedule C.
The tradeoff is unlimited personal liability: your personal assets are exposed to business debts and obligations. It is simple to start and simple to wind down.
- LLC
A limited liability company gives owners (members) personal-asset protection similar to a corporation, with a flexible management structure you can adapt to the business.
By default an LLC is not taxed at the business level. Profits and losses pass through to members' personal returns, which can simplify filing and reduce tax.
As a pass-through, LLC owners may qualify for the federal Qualified Business Income (QBI) deduction, which the 2025 tax law made permanent. Eligibility and limits apply, and we confirm them for your situation.
- Corporation (C Corp or S Corp)
A corporation is a separate legal entity that shields owners from business debts and can raise capital by issuing stock.
An S Corp passes income through to shareholders to avoid double taxation, with limits: up to 100 U.S. shareholders and one class of stock. A C Corp is the standard structure: profits are taxed at the corporate level and again on dividends, but it allows unlimited shareholders, multiple stock classes, and deductible fringe benefits, which suits larger or fast-growing companies.
- Nonprofit
A nonprofit corporation exists to advance a mission rather than profit owners. It can apply for federal and state tax-exempt status, and contributions may be tax-deductible for donors.
It is governed by a board, relies on diverse funding (donations, grants, program fees), and is held to higher transparency and reporting standards.
- Doing Business As (DBA)
A DBA lets you operate under a name different from your legal or registered name. It is also called a fictitious, trade, or assumed business name.
It is useful for branding, expanding into new offerings, and presenting a professional identity, and may be required when your trade name differs from your own.
Why Register With Top Pro Accounting
Your focus should be on building the business, not deciphering paperwork. We guide the decision, file everything correctly, and price it transparently.
Expert Guidance
We help you select the right entity and explain the benefits and implications of each, so your decision fits your long-term vision.
We Handle the Details
We prepare and submit every required form correctly, so you avoid costly errors and keep your time for running the business.
Transparent Pricing
Clear, competitive packages with no hidden fees, designed to deliver real value for businesses of every size.
Frequently Asked Questions
Formation Questions, Answered
Let's Talk
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