July always brings legal updates in Florida, and this year’s changes include several that small business owners should keep on their radar. At Ser & Associates, we help you understand how these shifts affect your operations—from how you lease space and structure your business to how you pay your employees. Below are key highlights for your business: the repeal of Florida’s commercial lease sales tax, a new legal tool for digital asset financing, a bump in the state’s minimum wage, and the growing relevance of the Florida Series LLC.
First, if you lease a commercial property, get ready for meaningful savings. Starting October 1, 2025, Florida is fully repealing the “business rent tax,” which has added 2% (plus local surtax) to your lease payments. That means no more sales tax on rent for office, retail, or warehouse space beginning with October occupancy. Note: the tax is based on when the space is used—not when you pay. Rent for October (even if paid in September) won’t be taxed, but rent for September (even if paid late in October) will. Now is the time to review your lease agreements, make updates where needed, and adjust billing systems to ensure the tax is removed for qualifying periods.
Florida has also modernized its business laws by allowing UCC liens on digital assets, including cryptocurrency. As of July 1, 2025, lenders can file liens against crypto holdings like Bitcoin. That means if your business owns digital assets, they can now be used as collateral in financing deals. This update creates new flexibility for startups and digital-forward businesses. If this applies to you, now is a good time to check your contracts and UCC filings for compliance with the updated rules.
Another important update: Florida’s minimum wage is increasing. Effective September 30, 2025, the statewide minimum wage will rise to $14.00/hour. For tipped employees, the new minimum cash wage will be $10.98/hour, with the standard $3.02 tip credit remaining in place. Be sure to update your payroll systems, revise job postings, and consider the broader wage impacts across your team.
Finally, a quick note on Florida Series LLCs—a relatively new and flexible option for business owners with multiple ventures or assets. A Series LLC allows you to create separate “series” under one parent LLC, each with its own assets, liabilities, and operations. Think of it like having multiple mini-LLCs under one umbrella, which can simplify liability protection and reduce filing costs. If you’re running multiple business lines or holding several rental properties, this structure may offer real advantages.
As always, Ser & Associates is here to guide you through these changes. Whether it’s updating lease terms, preparing for crypto-based financing, setting up a Series LLC, or ensuring wage compliance, we’re just a phone call away. Contact us at 305-222-7282 for personalized support.
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