Company Formation

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Commonly Asked Questions about Company Formation

How fast can you create an LLC in Texas?

You can get an LLC in Texas in 10-15 business days if you file online. Or 2-3 months if you file by mail. If you need your Texas LLC faster, you can pay for expedited processing.

Does Texas have a certificate of formation?

An LLC is governed by title 3, chapter 101 of the Texas Business Organizations Code (BOC). Title 1, chapter 3, subchapter A of the BOC governs the formation of an LLC and sets forth the provisions required or permitted to be contained in the certificate of formation. The owners of an LLC are called members.

How long does it take to form an LLC in Texas?

Texas LLC Processing Times Normal LLC processing time:Expedited LLC: Texas LLC by mail: 4-8 weeks (plus mail time) 4-5 business days ($25 extra) Texas LLC online with SOSDirect: 10-12 business days Not available Texas LLC online with SOSUpload: 13-15 business days Not available Apr 9, 2024

How long does it take Texas to approve LLC?

The Texas Secretary of State usually approves an LLCs Certificate of Formation within 3 to 4 business days when it is submitted online through SOS Direct. In contrast, submissions made by fax or mail are typically processed in about 30 business days (or 10 business days if expedited service is requested).

How much does it cost to start a LLC in Texas?

How much is Texas LLC filing fee? The filing fee to form an LLC in Texas is $300. If you need a certified copy of the certificate of formation, there is a $30 fee, and if you need a certificate of status, there is a $5 fee.

What are the four types of company formation?

The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation. A limited liability company (LLC) is a business structure allowed by state statute. Legal and tax considerations enter into selecting a business structure.

How hard is it to start an LLC in Texas?

To form a Texas LLC, it is necessary to select a unique name, file documents with the Secretary of State, appoint a registered agent, and obtain an EIN. To maintain your Texas LLC, you must stay compliant with annual filings and fees while obtaining licenses/permits and managing finances/insurance.