Texas Limited Liability Llc With No Assets

State:
Texas
Control #:
TX-00LLC
Format:
Word; 
Rich Text; 
PDF
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Description

The Texas limited liability LLC with no assets is designed for users looking to form a limited liability company without holding assets, providing a framework for liability protection and flexible management. Key features include the ability to register a unique name, file Articles of Organization, and establish an operating agreement. The form utility extends to various legal professionals, such as attorneys and paralegals, helping them facilitate the LLC formation process with necessary compliance. Filling instructions emphasize clarity, requiring users to complete documents with accurate information while following state-specific guidelines. Target audience members can utilize this form for various use cases including initiating a new business venture, protecting personal assets from business liabilities, and potentially benefiting from favorable tax treatment. The document package includes additional forms and sample agreements that simplify the process of establishing and maintaining an LLC. It also emphasizes the importance of appointing a registered agent to handle official communication. Overall, this comprehensive package serves as a vital resource for users aiming to create an LLC in Texas without prior assets.
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  • Preview Texas Limited Liability Company LLC Formation Package
  • Preview Texas Limited Liability Company LLC Formation Package
  • Preview Texas Limited Liability Company LLC Formation Package
  • Preview Texas Limited Liability Company LLC Formation Package
  • Preview Texas Limited Liability Company LLC Formation Package
  • Preview Texas Limited Liability Company LLC Formation Package
  • Preview Texas Limited Liability Company LLC Formation Package
  • Preview Texas Limited Liability Company LLC Formation Package
  • Preview Texas Limited Liability Company LLC Formation Package
  • Preview Texas Limited Liability Company LLC Formation Package
  • Preview Texas Limited Liability Company LLC Formation Package

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FAQ

The Texas Certificate of Formation will request several pieces of information about your LLC, such as: Entity type and name. Registered agent and registered office. Governing authority (stating whether the LLC is member-managed or manager-managed) Purpose of the business. Initial mailing address.

Putting ?LLC? in the name: Texas law requires the inclusion of ?Limited Liability Company? or ?Limited Company? in the name. You have the option to abbreviate to ?L.L.C.,? ?L.C.? or ?Ltd. Co.? Additionally, ?Limited? and ?Company? can be written as ?Ltd.? and ?Co.? respectively.

Start a Texas LLC in 5 Steps Name Your LLC. You need to name your business. ... Hire a Registered Agent. ... File the Texas Certificate of Formation?Limited Liability Company. ... Obtain a Texas LLC Employer Identification Number (EIN) ... Create an LLC Operating Agreement.

Disadvantages of creating an LLC Cost: An LLC usually costs more to form and maintain than a sole proprietorship or general partnership. States charge an initial formation fee. ... Transferable ownership. Ownership in an LLC is often harder to transfer than with a corporation.

The formation of an LLC broadly requires filing the ?articles of organization? which is a document including basic information like business name, address, members. The filing is done with the Secretary of State for most states and has an associated filing fee.

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Texas Limited Liability Llc With No Assets