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Under Article 2.21 of the Texas Business Corporation Act (TBCA), for example, shareholders or affiliates cannot be held liable for a corporation's contractual obligations unless they caused the corporation to be used to perpetrate ?an actual fraud? primarily for the purpose of personal benefit?.
Form a Texas Corporation: Name Your Corporation. Designate a Registered Agent. Submit Certificate of Formation. Get an EIN. Write Corporate Bylaws. Hold an Organizational Meeting. Open a Corporate Bank Account. File Reports & Taxes.
How to Incorporate a Business Under Texas Law 1 Choosing a Name. 2 Choosing a Registered Agent. 3 Choosing Initial Directors. 4 Choosing a Share Structure. 5 Executing a Certificate of Formation. 6 Holding an Organizational Meeting. 7 Executing an Incorporator's Statement. 8 Preparing Corporate Bylaws.
Texas incorporation fees can depend on the type of business that you are incorporating. If you wish to form a for-profit corporation, for example, you will need to pay a $300 filing fee. The filing fee for non-profit corporations is only $25.