We've compiled for you here material commonly associated with incorporating or forming an LLC in Texas. While we strive to maintain correct and current information, we cannot guarantee its accuracy and strongly recommend you verify all considerations and consult with a qualified professional before incorporating or forming an LLC.
Business owners interested in maximum limited liability protection for their business in a “business friendly” state should seriously consider incorporating or forming an LLC in Texas. As one of the top 10 states having the most favorable tax climate for businesses, Texas is home to a large number of successful companies.
Costs & Taxes
If you are considering forming your corporation or LLC in Texas but you will not operate there, your company must foreign qualify in each of the other states in which you will be doing business, and your company must have a registered agent in your state of formation as well as each of the states in which you foreign qualify.
IMPORTANT: MaxFilings always advises you to consult with a professional who is familiar with all current laws and regulations that are applicable in your jurisdiction. And always seek the advice of a qualified “accountant”, “tax advisor” or “financial planner” when addressing tax issues. They are not only very complex but they are also subject to interpretation.
Every time I see a personal injury claim fall apart, I have the same thought, "If only I could’ve spoken to them sooner." People often wait until they receive an offer from an insurance company to reach out to an attorney. Then they call me to see if the offer is fair, and I have the unfortunate experience of reviewing their documentation and telling them that if they’d have handled the case differently from the beginning, they'd be in a much better position to negotiate. Please learn from their mistakes. - Neal Davis, Board Certified.