Texas Business Registration

To register a business in Texas, you will need to go through the following steps:

• Decide on a business structure: The legal structure of your business is really important, and you must choose between a corporation, an LLC, a partnership, or a sole proprietorship.
• Select a business name: The business name you choose needs to be unique, in other words, a name not already used by another entity in Texas.
• Register your business name: Register your business name with the Texas Secretary of State’s office by filing a Texas Certificate of Formation for a Limited Partnership, Limited Liability Company, or corporation in Texas.
• Get a Tax ID Number: Apply for a federal Tax Identification Number (TIN) from the Internal Revenue Service (IRS).
• Register for State Taxes: Register with the Texas Comptroller of Public Accounts for state taxes, such as franchise taxes, employer taxes, or sales and use tax.
• Obtain necessary permits and licenses: Based on your business activity, you may need permits and licenses from various state agencies, such as the Texas Alcoholic Beverage Commission or the Department of Licensing and Regulation.
• Register for local taxes: Register for applicable local taxes with your country or city.
• Register with the Texas Workforce Commission: Register with the Texas Workforce Commission if you have employees.
• Open a business bank account: Keeping your business finances separate from your personal ones is important. Therefore, it’s necessary to open a separate business bank account.
• Obtain business insurance: Obtain the necessary business insurance, such as workers’ compensation insurance, property insurance, or liability insurance.

For people who are just venturing into the business world and are planning to initiate Texas business registration on their own, we suggest otherwise because as you can see there are plenty  of steps to complete.