Form DBPR EL-4514 Termination of Employee Leasing Company Operations - Florida

Form DBPR EL-4514, also known as the Termination of Employee Leasing Company Operations, is a document used in the state of Florida, USA. This form is used by employee leasing companies when they want to permanently cease their operations. It gives formal notification to the Department of Business and Professional Regulation (DBPR) that the company is ending its operations, effectively terminating its license. The form requires detailed information about the company, reason for termination, any unresolved claims, and confirmation about the notification to clients, among other details. This allows the DBPR to keep their records updated and ensure that the company settles any outstanding obligations prior to closure.

The Form DBPR EL-4514 Termination of Employee Leasing Company Operations - Florida is filed by Employee Leasing Companies (ELCs) operating in Florida when they wish to terminate their operations. This form is to be submitted to the Florida Department of Business & Professional Regulation. It allows the ELC to terminate its operations in a lawful manner, protecting both the company itself and its employees.

FAQ

Q: What is DBPR EL-4514 form used for?A: The DBPR EL-4514 form is used in the state of Florida for the Termination of Employee Leasing Company Operations.

Q: What does one need to do after filling out the form?A: After filling out the DBPR EL-4514 form, it should be submitted to the Department of Business and Professional Regulation in Florida.

Q: When should a company submit a DBPR EL-4514 form?A: A company should submit a DBPR EL-4514 form when it intends to terminate its employee leasing operations in Florida.

Q: What is an Employee Leasing Company?A: An Employee Leasing Company is a business that hires employees and then leases them out to client companies, taking on the responsibilities of an employer for tax, insurance and other purposes.