Are you about starting a business in Texas and want to form an LLC? If YES, here are the exact requirements to start an LLC in Texas and how much it cost.
LLC is short for Limited Liability Company. It is a simple business structure that offers much more flexibility than a traditional corporation, while at the same time providing your business a lot of benefits that you cannot get from other legal entities.
Forming your business as a limited liability company helps to protect you against lawsuits, it significantly cuts down on paperwork when compared to corporations and other legal entity types; it prevents your company from being taxed twice, and it helps to present your business as more credible.
LLCs in Texas are affordable and easy to form. As with other states, the State of Texas has some specific requirements that are common to them and you have to abide by these if you want to successfully form your LLC. If you want to form an LLC in Texas, this is how you can go about it, including the fees you would have to pay.
Choosing a company name is the first and most important step in starting your LLC. While going about this, be sure to choose a name that complies with Texas naming requirements and is easily searchable by potential clients. For your chosen name to be valid, it must follow the naming guidelines.