Texas Facts for LLCs
Here are some key facts you should know as you consider forming an LLC in Texas.
At the time of incorporation, Texas requires you to take the following steps:
- Certificate of Formation. The document is required to form an LLC in Texas. LLCs are required to have one or more members/managers listed in the documentation along with their names and addresses. The business name must end with "Limited Liability Company," "Ltd. Co.," "LC," "LLC," or "L. L. C." Symbols cannot be used in the name. Names submitted with superscript and/or subscript letters or numbers will not appear in that format in the official company name. The name may not contain the word "Lottery." The name must not imply a purpose other than that stated in the Certificate of Formation. It may not be the same as or deceptively similar to the name of any domestic or foreign LLC or reserved or registered name. However, a name already in use may be used if the LLC gets written consent from the existing name holder. Use of words tied to education (such as but not limited to "College," "School" and "Seminary" cannot be used without approval from the Texas Higher Education Coordinating Board. Use of words such as "Bank," "Trust" and those implying ties to Veterans ("Veterans," "War," etc.) also require approvals prior to use.
- Registered Agent. LLCs must list the name and address of a registered agent with a physical address (no post office boxes allowed) in Texas. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
- Federal Tax Identification Number (EIN). An EIN is required for LLCs that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
Professional Services Businesses. Texas allows professionals, such as accountants, attorneys and physicians, to form a professional limited liability company (PLLC).
After incorporating Texas also has the following ongoing requirements:
- Franchise Tax and Public Information Report. Texas requires LLCs to file a Franchise Tax and Public Information Report with the Comptroller of Public Accounts. The report is due between January 1st and May 15th. The fee is calculated based on taxable margin.
Ready for Your LLC?
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Our Process
5 steps to online incorporation.
1
Quality checkWe ensure your information meets state requirements.
2
Name checkWe confirm your business name availability.
3
Documents filedWe prepare and send your incorporation documents to the state, providing tracking.
4
DeliveryYou receive a complete package of incorporation documents and materials.
5
Ongoing supportAfter incorporating, we inform you of upcoming annual reports/franchise tax payments.
Professional LLC (PLLC)
Texas allows professionals, such as accountants, attorneys and physicians, to form a professional limited liability company (PLLC).
PLLCs are organized to provide professional services in industries that require a state license in order to practice, such as accountants, attorneys, dentists and physicians. What services constitute professional services are defined by state law and differ from state to state.
Ready for Your LLC?
Compare packages and view pricing.
Our Process
5 steps to online incorporation.
1
Quality checkWe ensure your information meets state requirements.
2
Name checkWe confirm your business name availability.
3
Documents filedWe prepare and send your incorporation documents to the state, providing tracking.
4
DeliveryYou receive a complete package of incorporation documents and materials.
5
Ongoing supportAfter incorporating, we inform you of upcoming annual reports/franchise tax payments.