LLC, Business License, Incorporation
Texas remains one of our most popular states for incorporation and LLC formation. With the second largest population in the United States, Texas has a thriving business community. Some of the largest U.S. companies, including Exxon Mobil and Dell, maintain their headquarters in Texas. This state also services many small businesses, particularly in major industries like agriculture and information technology.
Incorporating in Texas
Many entrepreneurs choose to start a business and incorporate in Texas because it gives them access to natural resources, land, and a large population. Like other states, incorporating in Texas requires several steps. Failing to follow these steps can result in lengthy delays. When you incorporate in Texas, it often helps to hire service companies who understand the details of this process.
The Company Corporation can help you incorporate in Texas online.
Forming a Corporation in Texas
Texas corporations are overseen by a state government agency called the Corporations Section of the Office of the Secretary of State. The Company Corporation will submit your paperwork and payments to this agency, which is frequently referred to as the Section. If you need to obtain additional licenses, then you should contact the Texas Department of Licensing and Regulation.
Cost to Incorporate in Texas
The overall cost to incorporate a business in Texas depends on several factors. A certificate of formation for a Texas for-profit corporation, for instance, has a $300 filing fee. Texas nonprofit corporations, however, only have to pay a $25 fee. The Company Corporation includes these Texas incorporation fees within the package price that you select.
Filing for Your Certificate of Formation in Texas
A Texas corporation is created by filing a Certificate of Formation. The Company Corporation will file this form on your behalf with the information that you provide to us. Before you can form your corporation, you need to file for a certificate of incorporation in Texas. To complete this certificate, you will need to provide several pieces of information, including the name of your organization, its mission, and the names of at least two directors.
Texas Corporation FAQ
How to incorporate in Texas?
There are several steps to incorporating in Texas. The most basic steps are as follows:
- Choose a name that meets Texas regulations and is not registered to any other organization.
- File Texas articles of incorporation.
- Have a meeting to establish your organization's bylaws.
- Obtain a Federal Employer Identification Number.
- Get all of the business licenses and permits that you need.
- Submit your corporation's first report.
What are the benefits of incorporating as a nonprofit?
Nonprofits have several benefits when they incorporate in Texas. Texas nonprofit articles of incorporation can establish an organization that pays fewer taxes than for-profit companies. Nonprofits also benefit from a lower filing fee. People and organizations that donate to nonprofits approved by the IRS may also benefit from paying lower taxes.