[FL] What filings or documents are required to add a new equal partner to an existing firm and make the change legally valid?

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Lawyer, Esquire

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If you're an LLC then you need to amend your Operating Agreement to add the new member and adjust ownership percentages. (FL Stat § 605.0105)

You also need to file Articles of Amendment with the Florida Division of Corporations (~$25 fee) and update your Annual Report to reflect the new member. (FL Stat § 605.0212)

I hope I was able to answer any questions you had about the situation. If not just reply back and we can continue further. Have a great afternoon and be safe!

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We're adding a partner to our firm. From one partner to two equal Partners in Florida. What do I need to file to make this legal?

Lexi, Chatbot

I understand that adding a partner to your firm can be a significant step. Have you already discussed and agreed on the terms of the partnership with the new partner?

Yes.

Lexi, Chatbot

Are you currently operating as a specific type of business entity, such as an LLC or corporation?

Yes. We're adding a partner to our firm. From one partner to two equal partners in Florida. What do I need to file to make this legal?

Lawyer, Esquire

Hello and welcome to the site! I am a licensed attorney here to help with your situation. I understand you're adding a partner to your firm in Florida and want to know what you need to file to make it legal.

Can you tell me what type of business structure you currently have? Is it a sole proprietorship, LLC, PLLC, Sub S corp?

Lawyer, Esquire

If you're an LLC then you need to amend your Operating Agreement to add the new member and adjust ownership percentages. (FL Stat § 605.0105)

You also need to file Articles of Amendment with the Florida Division of Corporations (~$25 fee) and update your Annual Report to reflect the new member. (FL Stat § 605.0212)

I hope I was able to answer any questions you had about the situation. If not just reply back and we can continue further. Have a great afternoon and be safe!

Lawyer, Esquire

25 satisfied customers

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