Texas Professional Limited Liability Company PLLC Formation Package
What this form package covers
The Texas Professional Limited Liability Company (PLLC) Formation Package is designed to help licensed professionals establish a PLLC in Texas efficiently and accurately. This package provides the necessary forms and instructions specific to Texas law, ensuring compliance while offering protection from personal liability. Unlike standard LLC formation packages, the PLLC focuses specifically on services rendered by licensed professionals, such as doctors, attorneys, and accountants, tailored to meet the unique regulatory requirements of these professions.
Documents contained in this package
- Application for Name Reservation
- Texas Articles of Organization for Professional Limited Liability Company PLLC
- Sample Operating Agreement for Professional Limited Liability Company PLLC
- PLLC Notices and Resolutions
- Sample Transmittal Letter
- I.R.S. Form SS-4 (to obtain your federal identification number)
Situations where these forms applies
This package is essential for scenarios such as:
- When a licensed professional intends to start a business that offers professional services in Texas.
- When compliance with Texas Business Organization Code is required for the formation of a PLLC.
- When wanting to limit personal liability associated with professional practice.
Who needs this form package
- Licensed professionals looking to establish a PLLC in Texas.
- Attorneys, doctors, accountants, or any other state-licensed professionals intending to conduct business under a PLLC structure.
- Individuals or entities interested in protecting their personal assets while delivering professional services.
How to complete these forms
- Review all included forms to ensure they are tailored to your professional services.
- Decide whether to reserve a name for the PLLC; if so, complete and submit the Name Reservation form.
- Fill out the Certificate of Formation carefully, ensuring all required details are correctly entered.
- Compile and prepare the necessary documents, including the Company Agreement and any tax forms.
- Submit the completed Certificate of Formation along with the filing fee to the appropriate state agency.
- Apply for a Federal Tax Identification Number using the IRS form provided in the package.
Notarization requirements for forms in this package
Most forms in this package do not require notarization. However, local laws or specific situations may demand it. Our online notarization service, powered by Notarize, lets you complete the process through a verified video call, available anytime.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Avoid these common issues
- Failing to confirm the availability of the PLLC name before filing.
- Neglecting to include licensed professionals as only members or managers within the PLLC.
- Submitting forms with incomplete or incorrect information, leading to delays in processing.
- Ignoring state-specific regulations governing professional services.
Benefits of completing this package online
- Convenience: Download and complete forms from anywhere, at any time.
- Editability: Adjust form details easily using standard word processing software.
- Reliability: Each form is drafted and approved by licensed attorneys familiar with Texas law.
- Support: Access to customer service for assistance with form completion and submission.
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FAQ
Have the state license for each professional who will be a member of the company. check with the state licensing board for your profession to see if its prior approval is required, (and, if so, obtain the necessary documentation showing that approval), and.
To form a PLLC, a licensed professional must sign all filing documents as well as include their professional license number and a certified copy of their license. Importantly, they must submit these documents for approval with their state licensing board before filing them with their state's secretary of state.
Have the state license for each professional who will be a member of the company. check with the state licensing board for your profession to see if its prior approval is required, (and, if so, obtain the necessary documentation showing that approval), and.
A professional limited liability company (PLLC) is a type of business entity that can be formed by individuals or business partners who perform a professional service. Texas PLLCs differ from Texas LLCs in that PLLCs are formed specifically for individuals providing professional licensed services.
How much does it cost to form an LLC in Texas? The Texas Secretary of State charges a $300 filing fee, plus an additional state-mandated 2.7% convenience fee to file an LLC Certificate of Formation.
To form a PLLC, at least one of the owners (owners are known as members) must be a licensed professional. In some states, all members must have a license in the same profession. In these states, an owner can hire an employee to help run the business, but only professionals can legally own the business.
A PLLC, or professional limited liability company, is a special type of LLC that may only be formed by licensed professionals for the purpose of rendering professional services. While this is not required, doing so can be beneficial for tax, liability, financing, and other reasons.
Regarding the management flexibility and taxation, a PLLC has the same advantages of an LLC. The difference between the two is that the PLLC has some restrictions on who may be a member of the PLLC and the limitation of liability of the members. With an LLC, anyone can be a member, or owner, of the business.
How much does it cost to form an LLC in Texas? The Texas Secretary of State charges a $300 filing fee, plus an additional state-mandated 2.7% convenience fee to file an LLC Certificate of Formation.