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+ How long does it take to start a Corporation in Texas? According to the Texas Secretary of State, Corporation filing documents are processed in the order received when filed online and by mail. Typically, a Corporation is processed within 4-6 weeks.
Corporation: A Texas corporation is created by filing a certificate of formation with the Texas Secretary of State. The Secretary of State provides a form that meets minimum state law requirements. Online filing of a certificate of formation is provided through SOSDirect.
How to Form a Corporation in Texas Choose a Corporate Name. File Certificate of Formation. Appoint a Registered Agent. Prepare Corporate Bylaws. Appoint Directors and Hold First Meeting. Issue Stock. Obtain an EIN and Pay Taxes.
Texas S-Corp Filing Service is one-time $375 and includes: *Receive employer identification number. *FREE first year Texas Registered Agent Service (renewal only $49/year) *Receive corporate filing papers and EIN by email.
Even though the S corporation does not pay income tax, it has a responsibility to file an annual tax return on Form 1120S. This tax form is for informational purposes only and provides the IRS with an aggregate view of the business earnings and expenses.
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The penalty for failure to file a federal S corporation tax return on Form 1120S or failure to provide complete information on the return is $195 per shareholder per month. The penalty can be assessed for a maximum of 12 months.
Texas S Corporations and Taxes Texas S corporations do not pay corporate taxes. They must, however, file tax corporate returns using Form 1120S to the IRS. S corporation shareholders must also pay personal income taxes on their share of the corporations earnings.
Corporation: A Texas corporation is created by filing a certificate of formation with the Texas Secretary of State. The Secretary of State provides a form that meets minimum state law requirements. Online filing of a certificate of formation is provided through SOSDirect.
You may use Form 701 (Word, PDF) as your application for registration. The filing fee is $200 per general partner.
There is a $300 filing fee required by the State. You can file this document online on the Texas Secretary of States website (SOSDirect). The appropriate steps to set up a corporation in Texas are: Choose a name for your Texas corporation.

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