TEXAS – LLC

Form your new Limited Liability Company in Texas

Below is a list of the initial and ongoing requirements to form and maintain a Texas LLC.

1. Limited Liability Company (LLC) Name Identifiers:

The name that you choose for a Texas limited liability company (LLC) must be distinguishable from any other registered or authorized Texas business entity or any reserved names on record. The name of the LLC must contain one of the following words as a company identifier:

“Limited Liability Company”, “LLC” or “L.L.C.”

2. Specific Purpose Requirements:

Texas does not require a specific purpose to be listed in the Certificate of Formation.

3. Members:

Texas has the following membership requirements for an LLC.

Number of members required: One or more
Residence Requirements: No Requirement
Age requirements: Must be a natural person at least 18 years of age

Members are required to be listed in the Articles / Certificate of Formation.

4. Annual Filing Requirements:

There is a Franchise Report that must be received by the state of Texas by May 15th. The fee for this filing is: None – No fee is required

Forms and payment, as required, should be sent to:

Comptroller Of Public Accounts
111 E 17Th St
Austin, TX 78774-1440

Taxes:

For more information on taxes, visit the State of Texas Tax Information Website

1. S Corporation:

S Corporation status is not recognized by the State of Texas. A state election, separate from the federal election, is not required.

2. License Requirements:

Texas requires most businesses to obtain a business license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the licence requirements for your particular profession.

3. Special Requirements (if any):

None

If you are ready to form your own corporation or Limited Liability Company, you can start the process by calling (940) 723-0099 for your free consultation.

Continue if you’d like to learn more about forming a Non Profit Corporation.