
It is extremely simple to establish an LLC in Texas, as long as you comply with the state laws. You'll want to file your Texas Registration of Business (Form LLC) to establish an LLC (in Texas). The Registration of Business is the first step you take toward running a business. This gives you the legal authority to transact business and run it profitably. Once the Registration of Business is filed, you are now ready to choose the name of your LLC.
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The name of your LLC will be important for you to protect your interests, as well as that of your partners. The name of your LLC is important because it is the public face of your business. You don't want anyone to confuse your business with another, even if the names are similar. The name of your LLC will be the primary document anyone will see, so it's important to choose one that is both unique and memorable.
Once you have chosen your LLC's name, you'll want to find and register your office. All law firms in Texas allow you to select an office building and an address, but you can also select from several other office locations including post offices, banks and brokerage houses. Depending on the type of business you are opening, you may also want to designate a special inspector to inspect your office before it becomes operational. Be sure to include this requirement when filing your Operating Agreement.
How to Start an LLC in Texas
After you have registered your business, you'll want to select your registered agent. Your registered agent should have contact information that can be verified. This includes a physical phone number and an email address. When you are conducting transactions over the Internet, you'll want to have a way to prove who you are and where you are. Ask your registered agent for assistance and advice when you need it.
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The next item on your list should be a completed Business License. A business license will give potential clients the right to do business with you. It is a necessity when starting an LLC in Texas because you must have a government issued license in order to conduct business. Once you have your license, you can get a Tax Identification Number (TIN) at the city hall of your choice.
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Once you have all these items in place, you'll want to get your first registered agent. If you don't know how to choose one, your state laws or the office of your registered agent should help you choose. Choose someone with strong credentials, such as previous attorney general, state tax commissioner, state securities regulators and commercial property professionals. If you live in a small town, consider contacting the town clerk to see if anyone is willing to serve you as your agent. This will save you time and money in the long run.
Next, you'll want to find the proper business structure to fit your needs and beliefs. There are many types of business structures available for you to choose from: sole proprietorship, partnership, limited liability company (LLC), corporations (LLC), and more. Choose the type of structure that works best for you and your business.
As you can see, this process is rather involved but well worth the effort. Hopefully, after reading this article, you will be ready to take action and get started on How to Start an LLC in Texas. Regardless of whether you decide to hire an attorney to help you or not, always remember that being self-employed is a serious responsibility. You'll want to protect your interest by educating yourself about the laws regarding self-employment and doing your research before you jump into any business venture.
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