Is There a Yearly Fee for LLC in Texas?

Benefits of LLC in Texas

  • Provides limited liability for debts or lawsuits
  • Profits and losses pass through to owners
  • Allows spouses to own an LLC individually
  • Can have two or more member-owners

Business Requirements and Process

  • Members must follow withdrawal rules to leave an LLC
  • Proper handling of assets upon departure
  • Costs for filing a Texas LLC are $300 plus a 2.7% fee
  • Options for entity structure include partnerships, S and C corporations
  • Steps to form a Texas LLC involve filing a Certificate, appointing an agent, and paying fees
  • Process includes reserving a name, appointing an agent, filing documents, obtaining an EIN, and opening an account

Texas LLC Registration Process

  • Look up an LLC on the Secretary of State website by name or number
  • Suitable for businesses with employees and multiple owners
  • Low costs and straightforward process for registration

Annual Renewal in Texas

Do you have to renew your LLC every year in Texas?

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