Launch and supporting projects in a turnkey manner
Relocating, scaling, and business incorporation in Texas can seem like an impossible mission to many entrepreneurs when they encounter the specifics of the American tax system, requirements of governmental bodies, and banking institutions. The SBSB Fintech Lawyers team recommends that clients choose thriving jurisdictions with investor-friendly conditions and favorable tax rates to develop their projects and assists in business registration Texas.
Why Register a Business in Texas
Texas is the second-largest state in the USA by area, GDP, and population. It is also one of the most wanted jurisdictions for registering a C-Corp or LLC. Many entrepreneurs are attracted by the opportunity to work with American partners and clients almost worldwide, use international services, and the prospect of entering other markets.
There are several other advantages of company registration in Texas:
- favorable conditions for entrepreneurship have been created in the state, including the development of small enterprises;
- lower tax rates than in other states;
- registration authorities do not impose requirements on the residency of business owners;
- several commercial structures can be opened in the state: LLC (Limited Liability Company), two types of corporations (S-corp and C-corp), Sole Proprietorship, General Partnership;
- a wide market;
- it is allowed to register LLC in Texas online, but personal presence or assistance from specialists is required to open a bank account.
The process of firm registration requires deep knowledge of the state’s current legislation, nuances of the tax system, and the activities of banking institutions. SBSB recommends using registered agent services Texas. Our specialists will advise you on structuring the company, assist in its opening, and prepare all the necessary legal documents.
Who Can Register LLC in Texas
The authorities of this jurisdiction are interested in attracting foreign investments, so both American citizens and non-residents can start their own businesses. If you are considering corporate establishment, it is worth noting that creating an S-Corp is only available to US residents. Contact us, and SBSB experts will offer optimal ownership form options and business structure in accordance with state law for your project.
Requirements for LLC Registration Texas
One of the mandatory rules in the USA is choosing an original name. At first glance, this is not a difficult stage, but many aspects need to be considered: the words should reflect the essence of your product or service, but at the same time be unique, different from existing ones, without words that cause confusion or are associated with government agencies. The name includes the phrase Limited Liability Company or its abbreviation (LLC, L.L.C.).
To register a Texas LLC, you should hire a registered agent — a physical or legal entity that is a resident of the state.
An important condition for preparing a document package for opening an LLC is the development of an operating agreement that outlines all the internal processes of the organization.
State of Texas Business Registration Procedure
If you have decided to register a company in Texas, you need to:
- choose the organizational and legal form of the company;
- select a name that meets all requirements;
- file an application for registration of the establishment;
- obtain an EIN (Employer Identification Number). The code issued by the Internal Revenue Service is intended for identifying the company in US government agencies and tracking its tax obligations;
- open a corporate account in a bank or payment institution;
- if necessary, obtain licenses for business activities.
SBSB lawyers are ready to assist you at every stage for a successful start of your company in the American market!
Register My business in Texas with Comprehensive Legal Support from the SBSB Fintech Lawyers Team
Experienced specialists from SBSB Fintech Lawyers are ready to advise you on legal entity setup in various jurisdictions, including the USA. Our lawyers will help you choose the optimal form of organization and register your business in Texas. We offer a package of legal services — from preparing the necessary documents for company formation to accounting and tax support after organization registration.
Submit a consultation request, and we will contact you to discuss your project!
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Ivan Nevzorov
Head of Legal
Daria Lysenko
Lawyer