Licensed professionals in Texas—doctors, lawyers, accountants, architects, and others—typically can’t form standard LLCs. Instead, they must form a Professional Limited Liability Company (PLLC). This structure provides liability protection while meeting state licensing requirements. Here’s what Texas licensed professionals need to know about forming a PLLC. What Is a PLLC? A Professional Limited Liability Company (PLLC)Continue reading “Texas Professional LLC (PLLC): Requirements for Licensed Professionals”
Texas Llc Formation
15 articles in this category
Texas Series LLC: What It Is and How to Form One
A Texas Series LLC is a special type of LLC that allows you to create separate “series” within one master LLC—each with its own assets, liabilities, and members. If one series gets sued, the others are protected. For real estate investors and entrepreneurs with multiple ventures, this structure offers liability protection without forming multiple separateContinue reading “Texas Series LLC: What It Is and How to Form One”
Cheapest Way to Form an LLC in Texas
The absolute cheapest way to form an LLC in Texas is to file directly with the Secretary of State yourself for $300. That’s the state filing fee, and it’s unavoidable. But “cheapest” and “best value” aren’t always the same thing. Here’s how to minimize costs while still forming your LLC correctly. Minimum Cost to FormContinue reading “Cheapest Way to Form an LLC in Texas”
Texas LLC Taxes: What You’ll Owe (No Income Tax State)
Texas is one of seven states with no personal income tax—a major reason entrepreneurs choose to form LLCs here. But “no income tax” doesn’t mean “no taxes.” Texas LLCs still have federal tax obligations, self-employment tax, and the Texas franchise tax. Here’s everything you need to know about taxes for your Texas LLC. Texas LLCContinue reading “Texas LLC Taxes: What You’ll Owe (No Income Tax State)”
How to Get an EIN for a Texas LLC
An EIN (Employer Identification Number) is your Texas LLC’s federal tax identification number—like a Social Security Number for your business. The IRS issues EINs for free, and you can get yours in about 15 minutes online. Here’s exactly how to apply. What Is an EIN? An EIN is a nine-digit number assigned by the IRSContinue reading “How to Get an EIN for a Texas LLC”
Texas LLC vs Sole Proprietorship: Which Is Right for You?
Should you form an LLC or operate as a sole proprietor in Texas? This decision affects your personal liability, taxes, and business credibility. While sole proprietorships cost nothing to start, LLCs offer protection that sole proprietorships simply cannot provide. Here’s how to decide which structure is right for your Texas business. Quick Comparison Feature SoleContinue reading “Texas LLC vs Sole Proprietorship: Which Is Right for You?”
Multi-Member LLC in Texas: What You Need to Know
A multi-member LLC in Texas has two or more owners—called members. This structure combines the liability protection of a corporation with the flexible taxation of a partnership. Whether you’re starting a business with a partner, bringing in investors, or structuring a family business, understanding how multi-member LLCs work in Texas helps you build a strongerContinue reading “Multi-Member LLC in Texas: What You Need to Know”
Texas LLC Franchise Tax: What You Need to Know
Texas has no state income tax, but it does have a franchise tax—sometimes called a “margin tax.” Here’s the good news: most small Texas LLCs owe $0 in franchise tax. The threshold is high enough that businesses with less than $2.47 million in annual revenue pay nothing. But even if you owe nothing, you stillContinue reading “Texas LLC Franchise Tax: What You Need to Know”
Texas LLC Name Search: How to Check Name Availability
Before forming your Texas LLC, you need to confirm your desired business name is available. The Texas Secretary of State maintains a database of all registered business entities, and your LLC name must be “distinguishable” from existing names. Here’s how to search for availability and secure the perfect name for your business. How to SearchContinue reading “Texas LLC Name Search: How to Check Name Availability”
How Long Does It Take to Get an LLC in Texas?
Forming a Texas LLC takes 2-3 business days when you file online through SOSDirect—or as little as 24 hours with expedited processing. Mail filings take 5-7 business days. But getting your LLC fully operational involves additional steps. Here’s the complete timeline from start to finish. Texas LLC Processing Times Filing Method Processing Time Total CostContinue reading “How Long Does It Take to Get an LLC in Texas?”
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