How to start a one member LLC in Florida?

Question

How to start a one member LLC?

I am looking to form a Single member LLC in the state of Florida. Now, I am not a US citizen (I do have an ITIN number though), so I want to know how should I file for taxes. In other words should I file as a sole proprietor, S-corp or C-corp after forming my LLC? And should I use my ITIN number as a SSN to file for taxes or should I apply for an EIN to do so? By the way, It is an online Crafts Store.

Answer 1

You would be much better off setting your business up as a sole proprietorship. It's easy to do and much faster. Selling crafts online should not bring you any legal trouble so there's no need to set up an LLC.

Kind regards,

Jorge Fernandez

www.eStorefrontGuide.com

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