The Comprehensive Guide to Forming a Successful LLC in Texas

Starting a business is an exciting endeavor that comes with a variety of important decisions. Among these decisions, choosing the right legal structure is paramount. In the state of Texas, forming a Limited Liability Company (LLC) offers a flexible and advantageous option for entrepreneurs. While the official filing fee is $300, it’s worth considering additional steps to ensure your business’s success in the long run. In this comprehensive guide, we will delve into the intricacies of forming an LLC in Texas and explore the benefits of enlisting the assistance of an experienced attorney like Nathaniel Gilbert.

Conducting an Exact Name Search

Before finalizing your business name, it’s wise to perform an “Exact Name Search” on the Secretary of State’s website. This step helps ensure your chosen name isn’t already registered by another business in Texas. This includes among different entity types: if the name for your LLC is in use by a Corporation or Non-Profit, the name is considered taken.  

Beyond an exact match, it’s recommended to search for similar names to prevent confusion and potential legal issues down the line. It should be noted that even where the Secretary of State allows you to have the name, if it is similar enough to other names in the same area of commerce as your business you may run into legal issues.  Each search costs around $1, totaling approximately $7 for a thorough search process.

The foundation: Filing with the state

The first step in forming your Texas LLC is to file the Certificate of Formation with the State of Texas Secretary of State. This filing, requiring a fee of $300, legally establishes your business as an LLC. While this is the fundamental requirement, there are additional steps that you will need to take in establishing the legal foundation of your LLC if you truly wish to take advantage of the liability protection provided by the entity.

State of Texas LLC Filing Fee: $300 + LLC Formation Package with Attorney Nathaniel Gilbert: $900

To form your Limited Liability Company in Texas requires a $300.00 filing fee with the State of Texas Secretary of State.  Legally speaking, this is all that is technically required to form your LLC.  However, there may be other costs if you are considering actually running or growing your business.

Maximizing efficiency and protection: the role of an attorney

While legally you can establish your LLC with the filing fee alone, seeking professional guidance can pay dividends in the long run. Attorney Nathaniel Gilbert, a San Antonio Business Formation expert, offers two comprehensive packages that go beyond the basics, ensuring your LLC’s success.

Performing an “Exact Name Search” on the Secretary of State’s website is always advisable before forming your LLC.  This essentially ensures you are not naming your business the same as another business already registered in the State of Texas.  Additionally, you should run a search for everything similar to your name—If your business is “Nate’s Texas Butcher Shop,” you might also consider searching for “Nate’s Butcher”, “Texas Butcher Shop”, and “Nate’s Butcher.”  You would hate to grow your business for a year only to find out it is being confused with another shop across the state.  Each search runs approximately $1, so let’s assume about $7.00 in Name Search Fees as well.

Working with an attorney to help form your LLC is always advised.  Building the foundation of your business the right way the first time will save you headaches down the road when your business starts to grow, expand, or become much more profitable.  Below are the fees charged by San Antonio Business LLC Formation Attorney Nathaniel Gilbert. For more information contact us today!

Texas LLC Formation Package

For $1,100 (excluding filing fee), Attorney Nathaniel Gilbert provides a comprehensive package that includes:

• Filing of the Certificate of Formation: Ensuring accurate and timely filing with the state.
• Drafting Your Operating Agreement: Creating a tailored agreement that outlines the management and ownership structure of your LLC.
• Corporate Governance Documents and Organizational Resolutions: Crafting a resolution that serves as a framework for decision-making throughout your business’s life, including other necessary corporate governance documents.
• Meeting With Nate: One of the most valuable offerings in this package gives you extensive time to review each document in your LLC, line by line, and prepare for managing and growing your business.
• Asset Protection Memorandum: Providing valuable insights into running a successful LLC that safeguards your assets.

Texas LLC Formation: $900 (does not include filing fee)

• Filing of the Articles of Organization

• Application for EIN (Federal Employer Identification Number)

• Draft and Finalize Your Operating Agreement
• Draft Organizational Resolution for your use throughout the life of the business
• A memorandum regarding running a successful LLC that protects your assets

Texas LLC Premium Package

For those seeking an even more robust foundation, the Texas LLC Premium Package, priced at $2,800 (excluding filing fee), offers everything in the LLC Setup Package along with additional features:

 Custom Drafted Independent Contractor Agreement: To be used for either hiring Independent Contractors for the LLC, or hiring the LLC as an Independent Contractor

AND

A Client Service Contract for the LLC

Texas LLC Premium Package: $2,160 (does not include filing fee)

• Everything in the LLC Setup Package above

The Value of Professional Expertise

Enlisting the services of Attorney Nathaniel Gilbert not only streamlines the formation process but also minimizes the risks associated with legal oversights. As your business grows, having a solid legal foundation in place becomes increasingly critical.

Final Thoughts

Forming an LLC in Texas is a strategic move for any aspiring entrepreneur. While the state filing fee of $300 establishes your business, the additional investments in professional guidance and expert legal services can lead to substantial benefits in the long run. With Attorney Nathaniel Gilbert’s experience and tailored packages, you can navigate the complexities of forming an LLC with confidence, setting the stage for a successful and protected business journey. Remember, the right choices at the start can make all the difference as your business thrives and expands.