Incorporate your business in Texas;
Our Incorporation information is to help you with the small
business startup process. The Texas Incorporation info can
help answer questions like "How do I form an LLC in Texas?"
or "What type of Incorporation entity should I be? An Texas
S-Corporation or an Texas C-Corporation?" or "What are the
requirements for an Texas Corporation?" It's easy to set up
an Texas Corporation with our Incorporation Software. It has
this and other Incorporation info right on the software. So
once you know, your ready to go!
Corporate Name Endings
The name must contain the word "Corporation,"
"Company," "Incorporated," or an abbreviation thereof. The name
must not imply a purpose other than that stated in the articles
of incorporation. It may not be the same as, or deceptively
similar to, the name of any domestic or foreign corporation,
or reserved or registered name. However, a name already in use
may be used if the corporation or LLC gets written consent from
the user filed with the Secretary of State. The name may not
contain the word "Lottery."
Corporation Requirements
Director Information
Minimum Number - One or more.
Residence Requirements - No provision.
Age Requirements - Directors must be a natural person
at least 18 years of age.
Directors are not required to be listed in the articles
of incorporation.
Officer Information
Officers are not required to be listed in the articles
of incorporation.
Stock Information
An increase in shares or par value does not affect
initial filing fees.
Corporate Records
The stock transfer records must be kept with the
principal corporate office.
Tax and Fees
Annual Statements
Corporations must complete and file a franchise tax
return. See Income Tax rate below.
Income Tax Rate
The franchise tax is computed at the rate of: (1)
.25% of net taxable capital and (2) 4.5% of net taxable
earned surplus. If the amount computed under either
part of the basis formula is zero or less, the tax is
zero. If the amount of tax computed is less than $100,
the corporation is not required to pay such amount and
is not considered to owe any franchise tax for the period.
S Corporation
S Corporation status is not recognized by the state
of Texas.
License Requirements
Texas requires that you obtain a license and pay
a fee if operating certain types of businesses in the
state. Please check with the state to make sure your
business is complying with the license requirements
for your particular profession.
