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Forming a Texas Limited Liability Company
for your business is an excellent decision.
LLC's enjoy both the simplified pass
through taxation of partnerships and the
limited liability of corporations. An LLC has
fewer formalities after formation than a
corporation--meaning you can focus on your
business and not on paperwork. Protect your personal assets from lawsuits
and judgments against your business by forming
a Texas LLC. If you neglect to incorporate your
business, you could be held
personally liable for business debts and
lawsuits. Find out about forming a legal Texas
Limited Liability Company and start your
business off on the right track.
Forming an LLC in Texas requires filing
Articles of Organization with the
Texas Secretary of State office.
LLC Name Requirements
The name must
include the words “Limited Liability
Company” or “Limited
Company” or the abbreviations
“L.L.C.”, “LLC”,
“LC,” “L.C.,” or
“Ltd. Co.” The word
“Company” or the abbreviations
“Co.” or “Ltd.”
alone are unacceptable to satisfy the
requirement that the name contain a
designated ending.
Your LLC name must
be unique. If the name chosen is the same
as or deceptively similar to, or similar
to the name of an existing corporation,
limited partnership, or limited liability
company, the document cannot be
filed.
License Requirements
Texas requires
most businesses to obtain a license and
pay a fee if operating in the state.
Please check with the state to make sure
your business is complying with the
license requirements for your particular
profession.
If you seek to
form an LLC to provide professional
services that require the issuance of a
license, such as nursing, accounting, or
engineering services, you must form a
professional limited liability company or
PLLC.
Registered Agent
The registered
agent can be either an individual resident
of the state or any of the following legal
entities organized or qualified in Texas
with a business address which is the
registered office address: partnership,
limited partnership, limited liability
company, foreign limited liability
company, trust, estate, corporation,
custodian, trustee, executor,
administrator, or any other legal or
commercial entity, in its own or
representative capacity.
The limited
liability company itself, however, may
not serve as its own registered agent.
An individual member of the LLC, who is a
resident of Texas, may serve as registered
agent.
Click here to find out what a
Registered Agent service is and whether you
need one.
Texas LLC Filing Fees
As of January,
2006, the filing fee for a Texas Limited
Liability Company is $300. The Expedited
Processing Fee is $25 per document.
Payment by credit card will incur an
additional 2.7% convenience fee.
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