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#CREATED A NEW CONTACT BOOK NAME PHONE PROFESSIONAL#

For information on restrictions that might apply to the entity you are creating, consult your attorney or the IRS. Other laws might impose restrictions, and there may be issues related to a minor's capacity to contract or to be an owner of an entity with a liquor license. An entity may impose requirements in its certificate of formation or other governing documents, if desired.

#CREATED A NEW CONTACT BOOK NAME PHONE CODE#

The Texas Business Organizations Code does not impose any age requirements on who can be an owner, officer, or director in a business entity. An entity may impose residency or citizenship requirements in its certificate of formation or other governing documents, if desired. Texas law does not restrict who can form or have an ownership interest in a business entity, other than requiring the organizer to be a person capable of entering into a contract. resident, or a Texas resident to form and/or own a business entity in Texas? The Texas Business Organizations Code does not address the formation of minority-owned businesses. Certificates of formation can be filed online through SOSDirect 24 hours a day, 7 days a week.įor information on certifying a "historically underutilized business," please contact the Texas Comptroller of Public Accounts at (888) 863-5881 or (512) 463-5872. For personalized assistance, you should consult your private attorney. We have provided general information about types of Texas business organizations on our Selecting a Business Structure page. The Office of the Secretary of State cannot help you determine the best entity type for your particular business needs.

#CREATED A NEW CONTACT BOOK NAME PHONE PROFESSIONAL#

Are there restrictions on who can be an owner, governing person, or officer of a Texas professional entity?.

What is the difference between a member and a manager of an LLC? Which should I choose on my certificate of formation?.

Does a corporation have to issue stock? What is par value? How do you determine the par value of the corporation's stock? Is there a minimum or maximum value for corporate stock?.

Can one person be the sole shareholder, director, and officer of a corporation?.

What is a close corporation? What are the benefits of forming a close corporation?.

How do I form a "C" corporation, an "S" corporation, or a "501(c)(3)" corporation?.

Who can form a professional association?.

Am I required to form a professional entity?.

What are the differences between a corporation, a limited liability company (LLC), a limited partnership (LP), a limited liability partnership (LLP), and a limited liability limited partnership (LLLP)? What are the benefits of forming each of these entity types?.

Do I need to publish a notice before incorporating a business?.

What is a registered agent? What are the agent's duties? Where may a registered office be located? Can the Secretary of State be the registered agent of a corporation, limited liability company, or limited partnership?.

Can a person younger than 18 be a director, officer, or owner of a business entity in Texas?.

resident to incorporate and/or own a corporation in Texas?

How do I form a minority-owned business?.

Can I file a certificate of formation online?.

Limited liability partnerships (LLPs) and limited liability limited partnerships (LLLPs).

If you have specific legal questions, consult your attorney. The answers to our Frequently Asked Questions are provided for informational purposes and are not intended to provide legal advice or to substitute for the advice of an attorney. SOSDirect: Business Searches & Formations.