Texas LLC Formation Lawyer
The Law Office of Nathaniel Gilbert, PLLC
Flat Fee LLC Formation in San Antonio with Attorney Nate Gilbert means efficient, complete service for you and your new business.
Whether you are looking to form a PLLC or Series LLC, the process with Nate begins and ends with making sure the needs of you and your business are met with professional legal services at every step of the way.
Reasons You Need An LLC:
- You are an independent contractor—If you receive a 1099 instead of a W2 from your employer, you are an independent contractor and should have an LLC or other entity that your employer pays directly. Hair stylists, landscapers, service industry workers, and even some healthcare professionals may fall into this category.
- You are starting a business— Selling some of your hand woven rugs, home grown veggies, or your services as a closet organizer? You’ll want an LLC for that. Bringing money into anything always adds a level of complexity and you want to make sure you and your personal assets are protected.
- You are investing in real estate— If you own a property and rent some or all of that space out, you should be holding the property in an LLC, or at least, renting through an LLC. This goes for everything from large apartment complexes to a room in a house that you own. Additionally, owning properties that are rented through rental services such as Airbnb, VRBO or other short term rental companies should be held or managed by an LLC
Is Forming a Texas LLC Right For My Business?
Forming an LLC is an important step in starting your business. First and foremost, you’ll want to know if a Limited Liability Company is right for you. An LLC is a popular choice, mainly because of the “limited liability” the entity can provide. However, your interest may be better served in a partnership, or even a full corporation depending on what kind of business you are starting.
Will Forming An LLC Help Protect Myself and My Assets?
An LLC is the most popular entity choice for San Antonio small businesses mainly for the liability protections that the entity structure provides. The entity is designed to help protect personal assets in the event of lawsuits or other liabilities against the business, but simply slapping an LLC on the end of your business name is not enough to enjoy and rely on those protections. Proper structure and continuing management of the LLC is absolutely essential- staying in line with and adhering strictly to your Operating Agreement is a key part of that process. Are you required to have regular meetings? Regular audits or financial records? Anything you are required to do by your Operating Agreement must be done, which should make you think about what exactly you want to have in your Operating Agreement.
Can I Form a Professional LLC (PLLC)?
Professional companies such as PC’s and PLLC’s are special forms of organization in Texas that are limited to professionals listed by statute. Lawyers, certain healthcare providers, and CPA’s are generally who these entity types are aimed at. To read more about Professional Corporations and LLCs in Texas and to see if you qualify, Click Here.
Do I Need An Attorney For My LLC?
San Antonio Business Attorney Nathaniel Gilbert is a business owner in San Antonio and familiar with the struggles and decisions that owners of LLCs may face in the day-to-day operations of their business after startup. Managing your LLC is a responsibility—The Operating Agreement that you signed when you formed your company is a contract between you and your business, and one you must uphold as the owner, member, and/or manager. This is why custom tailored Operating Agreements drafted by your attorney are so crucial to the success of your company. Using an Operating Agreement that you do not understand or do not adhere to puts your company and your assets at serious risk.
What Do I Do Once My LLC is Formed?
Forming an LLC is not a one-and-done situation where simply because you filed a piece of paper with the Secretary of State, you will be absolved of any and all liability that may come you or your business’s way. Ongoing maintenance of the company and corporate formalities are absolutely crucial in actually helping to protect your business and personal assets. One way I like to explain this to my clients is that, an LLC does not protect your assets, but merely provides you with the opportunity to do so. It is your actions and management of your business that will provide the protections you are looking for in an LLC.
How Will My LLC Be Taxed?
LLC’s are generally taxed by pass-through taxation (Click Here to Learn More About Pass-Through Taxation), but the members or managers of an LLC can also make certain elections to be taxed differently in order to take advantage of certain savings. Click here to learn more about how your LLC will be taxed.
Can I Use My LLC to Hold Property in Texas?
Using an LLC to hold property is a popular choice whether passively holding one residence or actively managing several properties as part of a real estate investment portfolio. The liability protections provided by an LLC should never be taken for granted; consult with your attorney to determine your best course of action in holding and managing real estate in an LLC. You may want to consider a Series LLC, a special kind of LLC structure available in Texas.
What Is a Series LLC and How Do I Form One?
Series LLC’s are an LLC that has the ability to form multiple other LLC’s under it’s own name. This type of entity is used most often in real estate purchases or investment portfolios—You can create new LLC’s for each property in order to take advantage of the asset liability protection for each separate property. If you think you might be interested in a Texas Series LLC, Click Here to learn more.
Want To Speak With An Attorney About Your LLC Formation Questions?
Texas LLC FormationMost Popular LLC Formation Package
Filing of the Articles of Organization with the State of Texas
Application for EIN (Federal Employer Identification Number) with the IRS
Draft and Finalize Your Operating Agreement, and a meeting with your attorney to go over every detail of the organization structure of your new Texas LLC
Draft Organizational Resolutions and Meeting Minutes for your use throughout the life of the business
A memorandum on LLC liability protection, successful LLC management, and other important information for managing your business.
- Does Not Include State Filing Fee ($300)
LLC Formation Premium PackageLLC Formation with Additional Documents For Your Business
Everything in the LLC Formation Package
Two Separate, Custom Drafted Documents:
An Independent Contractor Agreement OR Liability Waiver, AND
A Client Service Contract OR Product Warranty
LLC General Counsel PackageFor Ongoing Legal Support in Your Business
LLC Formation Package
- 4, one hour Strategy Appointments with your Attorney (Quarterly)
- Free short consultations throughout the year (consultations over 15 minutes billed at normal hourly rate)
- Initial Consultation and Strategy Session for your new Texas LLC
- 5 hours of included attorney time at a special reduced rate for projects throughout the year