U.S. States with No Sales Tax (2025 Guide): How To Save on Business Expenses in NOMAD States
Discover the five U.S. states with no sales tax: Alaska, Delaware, Montana, New Hampshire, and Oregon.
Florida has attracted a rapid influx of businesses since the early 2020s. The number of newly registered businesses grew by 86%1 in 2022-2023.
If your company wants to relocate to Florida, there are many benefits in store. However, it is very important to stay up to date with all of the business license requirements in the state. Companies will need to research federal, state, and local licenses when they relocate to Florida.
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Applying for the right licenses in Florida is straightforward if you have all of the right information. Businesses are required to have one or more licenses to operate in the state. However, there is not a single, universal license2 for companies that want to operate in Florida.
The first step is to ensure your filing information is correct. You will need to set up your business, appoint a registered agent with a local address, and apply for an EIN. After this, your business will also need to send an application to the Florida Department of Revenue to ensure that you can collect sales taxes.
Most of the requirements are related to your company’s operations. It is crucial to research your industry3 to determine which licenses you need to apply for.
Companies will need to submit information when they apply, such as:
Once these steps are complete, you also need to read about all of the local laws. Your city or county may also have extra license requirements for your business.
If you have an international business and want to operate in Florida, the process can be a bit more complicated.
You will need to present your company formation documents, ID, and other documents to prove that your company is registered in your respective country. You may need to translate these documents.
All businesses in Florida also need an EIN. Non-citizens need to complete Form SS-44 in order to get an EIN from the IRS.
You will also need to comply with all of the same requirements as domestic companies. This means that you will need to have a local Florida address, appoint a registered agent, and file other required documents, such as an annual report.
The biggest challenge to note is that you may need to be in the country to perform some of these actions. This is especially true5 for activities like opening a bank account.
It's easy to get a business license in Florida, but the process isn’t universal. Your requirements depend on your location in Florida and your company’s industry.
One of the most important documents6 is the business tax form. You will need to supply information such as EIN, SSN, and other business information. Foreign citizens who don’t have an SSN can submit their visa number and provide information about their Florida business partner, if applicable.
The Department of Fees and Business Registration’s website has all of the information7 about the requirements for each industry and the fees. In some cases, you may be able to apply for a waiver.
Federal business license regulations still apply when you move to Florida. If you are moving from another state, this should be easy. New entrants from other countries will also need to research federal regulations, as well as state and local ones.
Your costs will vary substantially depending on the type of industry you operate in. Licenses can be as cheap8 as $15, but you may also need to pay thousands of dollars to become licensed in other industries. For example, Florida medical license fees can cost9 as much as $5,000. Most industries require you to pay renewal fees every year or every other year. You may also need to take an exam to become licensed, which could result in extra exam preparation fees.
Applying for business licenses is relatively fast-paced, especially if you have all of the correct information and are ready to go.
Local and city offices move faster10 and can typically issue them within a few days or weeks. On the other hand, getting a license at the state level may take weeks or months, especially if they need to perform an inspection or background check.
Some other exceptions include licenses that require you to take exams. In this case, you should also factor in the amount of time needed to study for the exam and retake it if necessary.
If you are planning to relocate to Florida, it could be ideal to talk to an attorney to ensure you comply with local, state, and federal business license requirements. Florida does not have a general business license, unlike some states, so you will have to do research at the local and state levels.
Florida makes it easier for new businesses to register. Many of the requirements, like maintaining a registered agent and filing an annual report, are the same as other states. Once you are correctly incorporated in Florida, you can begin researching the license requirements in your state and county, and begin applying right away.
Operating a business without a license can result11 in fines and even jail time in some cases. This can result in wasted time and money, and even make it difficult to continue operating in Florida.
If your business makes and receives international payments, a Wise Business account can be a useful tool. The Wise Business account is easy to open online and allows you to integrate with accounting software. All international payments are made at the mid-market rate, ensuring you don’t lose out due to unfavorable exchange rates. It’s easy to get started.
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Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in 40+ currencies. You can get major currency account details for a one-off fee to receive overseas payments like a local. You can also send money to 140+ countries.
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This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
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