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What Happens If I Don't Dissolve My Texas LLC Properly? Failure to properly dissolve your LLC in Texas opens your business up to liability and possible penalties. Texas requires LLCs to file an annual franchise tax report.
If your LLC was terminated for failing to pay the Texas franchise tax, you'll need to file The Application for Reinstatement and Request to Set Aside Tax Forfeiture (Form 801). If your LLC was terminated for any other reason, you'll need to file the Texas Certificate of Reinstatement (Form 811).
An entity forfeited under the Tax Code can reinstate at any time (so long as the entity would otherwise continue to exist) by (1) filing the required franchise tax report, (2) paying all franchise taxes, penalties, and interest, and (3) filing an application for reinstatement (Form 801 Word 178kb, PDF 87kb), ...
An entity forfeited under the Tax Code can reinstate at any time (so long as the entity would otherwise continue to exist) by (1) filing the required franchise tax report, (2) paying all franchise taxes, penalties, and interest, and (3) filing an application for reinstatement (Form 801 Word 178kb, PDF 87kb), ...
How Much Will It Cost To Reinstate? LLC ? The filing fee for reinstating an administratively dissolved LLC in Texas is $75. Expedited service requires an additional $25. Corporation ? An administratively dissolved corporation in Texas has to pay $75 in order to be reinstated.
How to Dissolve a Texas LLC. To dissolve your LLC in Texas, you submit the completed Certificate of Termination of a Domestic Entity (Form 651) in duplicate to the Secretary of State by mail, fax, in person or at SOSDirect Online.
Duration: Pursuant to section 3.003 of the BOC, a Texas LLC exists perpetually unless provided otherwise in the certificate of formation. If formation of an LLC with a stated period of duration is desired, use the ?Supplemental Provisions/Information? section of this form to provide for a limited duration.