how much is an llc yearly fees texas [Real Research]

Last updated : Aug 10, 2022

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Thanks for this great article

Thanks for your comment Luther Spiter, have a nice day.
- Rhiannon Konopacky, Staff Member

hi guys welcome to the simplify llc channel in this video we will talk about how much an llc costs in texas if you are new here don't forget to subscribe and press the bell icon to be notified when a new video appears let's dive right in so you're either starting a new business or currently running a growing business and you're wondering how much it costs to form an llc in texas we have the answers you need incorporating your company is a legal procedure and as with most legal procedures there is a fee attached the simple answer to the cost to form an llc in texas is 300 for a domestic business but the fees can be higher thanks to other expenses like certified copies of documents registering trade names and other things your company may require for example this particular business starts with the articles of formation for three hundred dollars or seven hundred and fifty dollars the registered agent service for 150 certified copies as needed for roughly 30 trade name registration for 25 name reservation for 40 expedited processing for 25 and 20 for specific licenses and permits that are needed your business may not require all of these fees so we will break down the fees involved with filing an llc in texas we'll start with the most significant cost the texas llc formation fee in texas the secretary of state charges 300 for filing the certificate of formation form 205 for domestic llcs if a foreign llc needs to be registered the fee is 750 for filing form 304 the secretary of state can take up to five weeks to review an application so if you need expedited services you'll pay the 25 dollars per document to file your certificate of formation you may do so in person by mail fax or online when filing online you will be paying five dollars for convenience to complete your filing you will also need to appoint your registered agent create an llc operating agreement and registered to pay texas state taxes the cost to appoint a professional registered agent service ranges from 80 to 125 the registered agent will be responsible for receiving service of processed documents for your company but you don't have to hire a service you can appoint yourself an employee your business partner or someone else you trust to receive important documents for your business if you choose to do this there are no other fees due to the state this is already included in your llc formation fee if you should need to change the registered agent you have on file you will need to file a form and pay 15 if you want to use an assumed name like a dba you must register a trade name you'll do this with form 503 which must be submitted to the secretary of state and your local county clerk the fee for filing a registered trade name is 25 dollars next is the llc name registration fee of 40 when you reserve your name it is held for your use for up to 120 days if you need it longer you will have to pay and file again you will only need to do this if you are still getting your documentation together to form your llc another cost to consider is the fee to get certified copies of your formation documents the typical rate is one dollar per page and 15 per certificate but some documents may cost more your business may require specific permits or licenses to operate in texas accounting services wineries and legal services are some examples the cost of these permits will vary if your business has to collect and remit sales tax in texas you must apply for the free sales tax permit with your local comptroller while texas doesn't have an annual llc fee if you have a change in structure you will have to pay to make those changes but you must file an annual public information report to the texas comptroller of public accounts as an llc you don't have to pay a business income tax but you will have to file annual franchise tax reports and pay franchises taxes most llcs won't pay franchise tax as they fall below the annual taxing threshold of one million one hundred and eighty thousand dollars revenue is no longer tax free after that amount companies that earn more than this amount will pay franchise taxes at a tax rate ranging from 0.331 percent to 0.75 well that's it thanks for watching if you want to know more about business formation and starting your business in texas visit our website at simplifyllc.com also don't forget to like and subscribe feel free to write in comments if you have any further questions and we will see you next time

Thanks Ron your participation is very much appreciated
- Rhiannon Konopacky

About the author

Rhiannon Konopacky

I've studied fan studies at Bridgewater State University in Bridgewater and I am an expert in modern archaeology. I usually feel drunk. My previous job was pest control workers I held this position for 29 years, I love talking about nordic skating and flying model planes. Huge fan of Melanie Iglesias I practice parasailing and collect swarovski figurines.