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How to Start a Company in Texas (view source)
Revision as of 18:11, 15 January 2016
, 18:11, 15 January 2016→More Details on How to Incorporate in Texas:
=='''More Details on How to Incorporate in Texas:'''==
When you create a business in Texas, you have the opportunity to choose from multiple business structures including for-profit and nonprofit corporations. You can incorporate in Texas by naming your company, choosing a registered agent, selecting board members and filing a Certificate of Formation. In addition, if you have already incorporated in another state but wish to do business in Texas, you may have to register your foreign corporation with the state.
=== Choosing a Business Structure ===
# Determine how you will use your business's profits. If you want to distribute your profits to shareholders and employees in the form of dividends and bonuses then you might want to consider creating a for-profit corporation. If, however, you want to take profits and put them back into your business or use them for charitable purposes, then you may want to use a nonprofit corporate structure.
=== Forming a For-Profit Corporation ===
# Name your corporation. Texas law requires that your corporation have a business name. Once you come up with a name, you should trademark it in order to protect its value. To trademark a name you will visit the federal government's Patent and Trademark Office website, fill out the required forms, and file them online with the applicable fees.<ref>[http://www.uspto.gov/</ref> ] The name you choose must meet the following requirements:
#* The name must include one of the following words or an abbreviation thereof: "company," "corporation," "incorporated," or "limited."
#* The name cannot be deceptively similar to the name of another existing or registered business entity in Texas or a name that has been reserved by a business entity in Texas.<ref>http://www.statutes.legis.state.tx.us/DocViewer.aspx?DocKey=BO%2fBO.5&Phrases=Directors&HighlightType=1&ExactPhrase=False&QueryText=Directors</ref>
