How to Form and Register a LLC in Texas?

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How to Form and Register a LLC in Texas?
A limited liability company (LLC) is
basically a kind of business which allows its
owner to limit their personal liability into the
finances of the company. If somebody sues the
company then, the LLC owners would not lose all
their personal assets because they are just
financially responsible for their investment in
the company. Forming an LLC also offers a little
flexibility in what way the company runs. When we
speak of how to form a LLC in Texas, it is quite
easy and inexpensive as the Federal and state law
delivers numerous tax benefits to LLCs. But to
avail all of these benefits first business owners
require understanding the right way to form an
LLC in Texas. So, why wait? Lets get started!
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Excavating the Primary Steps to Register and Set
Up a LLC in Texas

• Pick a Name for the LLC As per the Texas law,
  an LLC name should comprise the words "Limited
  Company" or "Limited Liability Company," or
  comprise the abbreviations like "Company" as
  "Co.," "LC," "L.C.," "Limited," "L.L.C.," "LLC,"
  "Ltd." and "LTD". Your LLCs name has to be clear
  from other business entities names which are
  already filed with the Texas Secretary of State.
  Individuals planning to set up a LLC in Texas
  must check the LLC name availability at the Texas
  Secretary of State SOSDirect website and can
  reserve a name for about 120 days through filing
  an Application for Reservation or Renewal of
  Reservation of an Entity Name (Form 501) among
  the Texas Secretary of State. The reservation can
  be filed online via the Texas Secretary of State
  SOSDirect website or by postal mail by paying a
  minor Texas LLC filing fee of 40.

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• File the Certificate of LLC Formation A Texas
  LLC can be created through filing the Certificate
  of Formation (Form 205) among the Secretary of
  State. This certificate should comprise- the
  LLC's name, the name and address of the LLC
  registered agent whether your LLC would be
  manager-managed or member-managed LLC's
  governing person(s) name and address LLC
  organizer name and address and the effective
  date of this certificate. The certificate can be
  filed online via the Texas Secretary of State
  SOSDirect website or through postal mail. The
  Texas LLC certification fee is 300. The entire
  paperwork and practical steps for setting up LLC
  in Texas can be done through hiring a reputed
  registered agent services agency in Texas easily.

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• Hire a Registered Agent in Texas Each LLC in
  Texas should appoint an LLC registered agent for
  the service of process in the state. The LLC
  registered agent must be a resident or a business
  entity in Texas that is authorized to run
  business in Texas. The registered agent for LLC
  in Texas should mandatorily have a physical
  street address in the state. The LLC cannot
  become its own registered agent.

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• Create the Operating Agreement The LLC operating
  agreement is not needed in Texas, but it is
  highly recommended to have one. To get assistance
  in creating the LLC operating agreement properly,
  hire a reputed registered agent services agency
  in Texas.

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• Publication Needs None.

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• Abide by the Other Tax and Regulatory Needs The
  additional tax and regulatory needs might apply
  to your LLC in Texas. These might comprise-
•  
• Employer Identification Number (EIN) If an LLC
  has more than one member then, it should acquire
  its own IRS Employer Identification Number (EIN),
  irrespective of the fact that they have no
  employees. If you set up a one-member LLC in
  Texas then, you must obtain your EIN for it only
  if it will have employees or you choose having it
  taxed as a corporation rather than a sole
  proprietorship. LLC owners can get an EIN through
  completing the online EIN application on the IRS
  website and there is no filing fee for it.
• Business Licenses Considering the type of
  business you run and its location, your LLC might
  require getting other local and state business
  licenses. To fetch more information, visit the
  Texas Department of Licensing and Regulation.
• Comptroller of Public Accounts If your LLC sells
  goods and collects sales tax then, you would
  require registering with the Texas Comptroller of
  Public Accounts. Considering the tax involved,
  you can register online through postal mail or in
  person at the Comptroller field office.

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• No Need of Annual Reports The SMLLCs in Texas do
  not require filing the annual reports with the
  Secretary of state but the LLCs have to file the
  annual franchise tax reports. The details
  required to be filled for computing the tax could
  be complex so, visit the Comptroller of Public
  Accounts website to get more info about it.

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• Foreign LLCs Running Business in Texas For
  running business in Texas, all LLCs controlled
  outside the state should register a LLC in Texas
  with the Texas Secretary of State. Foreign LLCs
  require appointing a registered agent for the
  service of process. The registered agent might be
  a Texas resident or an authorized business entity
  to run business in Texas. For getting registered,
  file an application for the Registration of
  Foreign Limited Liability Company (Form 304)
  which can be filed online or by the postal mail.
  The foreign LLC filing fee in Texas is 750.
•  
• So, now that you know how to form a LLC in Texas,
  make sure to abide by them and follow all the
  aforesaid steps to set up and run a LLC in Texas
  successfully.

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RAPID REGISTERED AGENT
Since 2007 we have been providing registered
agent services to corporations, limited
partnerships, and limited liability companies
doing business in Texas.  Our clients are
worldwide and many operate multiple companies.
 Now, with the creation of our new web portal,
we're expanding to offer registered agent
services in all fifty states. Rapidregisteredagen
t.com Contact Us 1 [phone] 8701 Shoal
Creek Blvd, Suite 401, P.O Box 78757, Austin,
Texas
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