Florida LLC Operating Agreement
Starting at:
$1499 + Filing Fees
Take Control of Your Florida LLC with Our Attorney-Drafted Operating Agreements
- Opt out for partnership-level tax treatment at company representative’s discretion;
- Option for mandatory distribution to help pay for member tax liability;
- Capitalization before or after the agreement is signed;
- Identification of members and membership interest;
- Appointment of managers (Member-managed or manager-managed);
- Appointment of company representative and voting provisions relating to IRS proceedings;
- Impose fiduciary duties on managers to:
- Account to company for property; and
- Refrain from dealing with interests adverse to the company;
- Duty of care standard based on ordinary negligence – i.e to act with the level of care that a person in a similar position would reasonably exercise under similar circumstances and in a manner that the Member reasonably believes to be in the best interest of the company;
- Voting provision to authorize conflict of interest transactions;
- Option to decide whether distributions should be mandatory or discretionary;
- Option to decide whether distributions will be pro rata or non-pro rata (partnership only)
- Safe harbor tax allocation;
- Voting rights for member actions based on supermajority, majority, or unanimous vote;
- Membership Interest transfer restrictions require unanimous consent of all members or managers to transfer interest to a third party;
- Option to include deadlock provisions (submitting to advisory board vs. forced sale or none);
- Requiring unanimous consent to amend the operating agreement;
- One (1) vote per manager on eligible issues;
- Member votes based on membership interest percentage;
- Forbidding members from withdrawing, disassociating, or resigning;
- Forbidding the company from expelling members;
- Allowing members to designate when and where they meet;
- Not requiring regular member meetings;
- Allowing any action required or permitted to be taken at a meeting of the members to be taken without a meeting if the action is taken by all members entitled to vote on the issue;
- Membership Interests will be adjusted from time to time to account for non-pro rata additional Capital Contributions by the Members;
- And more.
An attorney-drafted Operating Agreement is essential to protecting your Florida LLC and its members from disputes and other problems that could place the business in jeopardy. We’ve drafted over 190 contracts for our clients and helped review hundreds more. That experience means that we know how to create a Florida LLC operating agreement that will protect both your company and its members well into the future.
How to Get Started
Submit an Intake Form
Discuss Scope of Project
Engagement Agreement
Prepare Your Company for Any Challenges It May Face With a Florida LLC Operating Agreement Drafted by FL Patel Law PLLC
Having an attorney draft your Florida LLC operating agreement is more than just a massive convenience – it’s about ensuring that all of your company’s bases are covered no matter what happens down the line. Trying to take on a document as important as this one without legal guidance could expose your LLC and its members to unnecessary risks, as there’s no guarantee that your provisions will be enforceable. Let us handle your Florida LLC operating agreement so you can move forward with confidence.
Kal was great to work with. He took his time with the project and thoroughly explained what the sections meant and why they were needed. He met my timeframe requirements and was able to add in an extra independent contractor agreement. Will be returning in the future.
Michael
Excellent attorney. Did a very professional job for my business and with a quick turnaround. They followed up with me to make sure everything was to my specifications for a new business agreement and setting up my LLC properly.
Michael N.
I am a new small business owner and FL Patel Law PLLC really helped me and advised me on my business needs and wrote up my contracts for a non-compete agreement for my employees. I highly recommend, they were very nice and helpful throughout the whole process and answered all of my questions.
Leah M.
Worked with Attorney Patel on a few cases and he is who I send corporate work to when there are documents to be drafted.
Haksoo L.
MR. Patel’s helped me fully understand a legal contract, and his simplifying method was excellent. He was professional and efficient.
Anonymous
I am blessed to have Kal as my lawyer and friend. He has gone far beyond the call of duty to make sure that my rights are secured!
