Governor Scott’s Florida Small Business Policies and Proposals

Governor Scott’s Florida Small Business PoliciesGovernor Rick Scott called small business “the lifeblood of our economy” in a statement for his re-election campaign on Monday.

Scott started his two-week statewide tour in Miami on Tuesday to promote his ideas to increase Florida small business.

Governor Scott’s Florida small business policies and proposals include lowering corporate filing fees for small businesses, increase funding for export marketing programs, developing solutions to issues with private capital, and establishing annual business competitions to be hosted by Florida’s colleges and universities. These competitions are expected to have an aware of up to $100,000.00.

Governor Scott’s Florida small business policies are just a few of the reasons why Florida is a great state to live and conduct business, especially a small business.

If you are interested in starting a business in Florida, then contact Boyer Law Firm’s business law attorneys today. If you are a foreign individual, then you may also qualify for an Investor’s Visa.

Opening a Company in Florida: A Couple Advantages

Opening a company in FloridaMiami recently hosted a conference that brought together South Florida and Latin America tech communities. These investors were interested in opening a company in Florida, specifically Miami, but they were also looking to launch their companies on the world stage.

The articles in Forbes said “The U.S. has a highly evolved infrastructure for nurturing innovative new companies and positioning them for global expansion. There are mature investor networks, a large and relatively homogeneous consumer population with expendable income, and a proven ability to commercialize innovative IP.”

The article then went on to say “the U.S. is exerting an intense gravitational pull, attracting dynamic young companies and investment capital, and interconnecting them in ways that were unimaginable before the digital era.”

If you are a foreign individual, opening a company in Florida may qualify you for an investor’s visa such as an E-2 Investor’s Visa or and EB5 Investor’s visa. If you qualify for an EB5 visa, then this could be a path to a green card and eventually potential U.S. Citizenship.

Source: Forbes

Bar Rescue Exemplifies Why You Need Proper Florida Corporate Documents

Florida corporate documentsA recent episode of the popular show “Bar Resucue” featuring Jon Taffer should be a warning to business owners about how important it is to have properly drafted Florida corporate documents.

The season finale was about two friends who became business partners, and their friendship suffered as a result.

One of the turning points of the episode is when Jon Taffer found out that the second owner, who supposedly owned 15% of the business did not have any paperwork, specifically corporate documents, to show for it. This created a strong rift between the friends because there was no documentation for this deal.

In order to solve this problem, Jon Taffer had the main owner bring his lawyer in to draw up the paperwork.

This action shows two things:

  1. How important it is to have a written agreement between business partners
  2. You should have an attorney draft these corporate documents.

As a bar and business expert for over 30 years, Jon Taffer did not tell these owners to have the paperwork drawn up on a website or “discount service.” He insisted that an attorney be called in to draw up the documents.

 

Spring Cleaning For Your Business: Florida Corporation or Florida LLC

Florida Corporation or Florida LLCThere are many entrepreneurs who have multiple interest and, as a result, have multiple businesses or multiple aspects to their current business.

If you are an entrepreneur who is thinking about expanding your business into an additional area, then it may be a good idea to create a new company, whether it be a Florida Corporation or Florida LLC.

For example, you may want one entity for your real estate transactions and a separate entity for your retail sales.

If your business is domesticated in another state or country, and you are considering doing business in Florida, then you must register to do business with the State of Florida.

There are many factors when determining what type of business entity (Florida LLC, Florida Corporation, etc.) is best for your business, including asset protection, liability and more. If you are unsure that your business formation is the correct model for your business, then you should schedule a business planning meeting with a Florida business law attorney to discuss your options.

If you are interested in forming/incorporating your Florida Corporation or Florida LLC, or you would like to schedule a business planning meeting to discuss your options with our business law attorneys, then contact Boyer Law Firm, P.L. today.

Am I Eligible for an E2 Investors Visa?

E2 Investor's VisaAn E2 Investor’s Visa is also referred to as a Treaty Investors Visa because the visa is the result of a treaty between the applicant’s home country and the United States.

The purpose of the E2 Investors Visa is to promote economic and business growth in the United States. Therefore, if you are applying for an E2 Visa, you must prove certain aspects in order to prove that your entry to the United States and your business will promote the growth of the U.S. Economy.

In order to prove that you and your business will benefit the U.S. Economy, you must submit evidence of several requirements, including but not limited to:

  1. Citizen of an E2 Treaty Country: In order to be eligible for an E2 visa, you must be a Citizen of a Country who has an E2 Treaty with the United States. Click here for a list of Treaty Countries.
  2. A Bona Fide Enterprise: In order to prove that your business will promote the U.S. Economy, you must first prove that you have an actual business.
  3. Proof that the investment in the business is substantial: The amount required will vary depending on the type of business you have, but it is generally understood that the more you invest, the better. Deciding to take on creating a business is nothing to take lightly. Although Boyer Law Firm has obtained visas for clients in the past with relatively low investments, we have also noticed a trend of stricter requirements and the benefits of a greater investment.
  4. Proof that the investment in the business in non-marginal: According to the United States Citizenship and Immigration Service (USCIS), “a marginal enterprise is one that does not have the present or future capacity to generate more than enough income to provide a minimal living for the treaty investor and his or her family. Depending on the facts, a new enterprise might not be considered marginal even if it lacks the current capacity to generate such income.  In such cases, however, the enterprise should have the capacity to generate such income within five years from the date that the treaty investor’s E-2 classification begins.”

If you meet these requirement and are interested in applying for an E2 Investors Visa, then contact Boyer Law Firm’s Immigration Attorneys today.