Florida
Florida's captive provisions were augmented in 2012 to further specify criteria for formation, capital, and licensure. The state's unique selling point is its relatively low capital requirements across its four main captive types: pure, industrial insured, special purpose, and reinsurance. Interested parties are directed to Chapter 628 of the Florida statutes for detailed variation in requirement by captive type.
Quick Facts
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| Requirement | Low relative requirements (varies by type) |
Regulatory Framework
Chapter 628, Part V, Florida Statutes
Tax Environment
Requires annual reporting compliance
Regulatory & Statistical Profile
Statistical profile pending verification for this domicile.
checklist Authorized Captive Structures
List of authorized captive structures pending verification.
payments Fees & Solvency Compliance
gavel Regulatory Contact Office
Considering Florida for Your Captive?
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