Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of the annual stockholder's meeting.
Meeting Annual Consider For Llc In San Antonio
State:
Multi-State
City:
San Antonio
Control #:
US-0015-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
In Texas, LLCs do not need to be renewed each year like in some other states. However, Texas does impose a franchise tax on LLCs. This is an annual tax based on the LLC's revenue. While there is no annual renewal requirement for the LLC itself, the franchise tax report acts as a type of annual check-in with the state.
Notes: Domestic or foreign Texas limited liability companies (including professional LLCs) must file a Public Information Report when they file their annual franchise tax with the Texas Comptroller of Public Accounts. There is no separate submission to the Texas Secretary of State.
After an initial filing, some states—such as California, Iowa, and Indiana— require LLCs to file a report every other year. In some states, you'll file a report every two years from the year you formed your LLC.
Unlike most states, Texas does not require LLCs to file annual reports. Despite this, LLCs in the state of Texas are required to file annual franchise tax reports.
Member and Manager Meetings in Limited Liability Companies Unlike corporations, neither Texas nor Delaware law require LLCs to hold annual meetings or maintain minutes of meetings if they are held – this holds true for members and managers (FYI, LLCs don't always have managers).
Legal implications of not keeping minutes The law requires every company to take minutes of all proceedings at board meetings and to keep them for ten years from the date of the meeting. Every director would be committing an offence if the company does not comply with these requirements.
Write down your LLC's name, the date, and address where the meeting was held. Write down the names of the members and indicate who was present and who was absent at the meeting. And if there's other people who aren't members but are present at the meeting, write their names down as well.
