How To Register A Pllc In Texas
A pllc combines elements of a standard llc and a business like a partnership.
How to register a pllc in texas. People who want to start an llc in texas must file a certificate of formation form 205 with the secretary of state. A professional limited liability company pllc is a business entity that offers professionals many advantages. A texas pllc is a limited liability company llc formed specifically by people who will provide texas licensed professional services. If the company is in a business that requires a license or certification then a professional limited liability company pllc may be required by your state otherwise a limited liability cliompany llc may be the best option for the organization. A domestic entity or a foreign entity that is registered to do business in texas or option b an individual resident of the state.
A texas professional limited liability company or pllc is a type of texas limited liability company that is created for the purpose of providing a professional service. Interested parties must register with the secretary of state by filing the necessary forms paying the necessary fees and meeting all naming and formation requirements. Registration of your llc. The professional limited liability company hereinafter pllc is a limited liability company that is. Llcs in general are businesses registered with the state that consist of one or more people called llc members who own the business.
A professional service is any type of service that requires a texas license. The registered agent can be an individual resident or other entity that is registered to do business in texas. The agent is the person who will be contacted in the case of a lawsuit or if taxes are owed. For example a pllc can be taxed differently than a regular corporation and it also shields owners from responsibility for acts committed by other owners. You may register online by mail.
A texas pllc exists perpetually unless provided otherwise in the certificate of formation. You must name a registered agent for the company on your llc application. Classic examples of professional service providers would be architects attorneys cpas. The texas certificate of formation for an llc limited liability company is a legal document to officially form your business. Updated june 28 2020.
The form contains bas. However many states texas included don t allow certain professions to form a standard llc. You can apply online in person or by mail. They have to form a professional limited liability company instead a professional corporation is also an option but we won t go into that here. Forming a pllc vs llc is an easy decision once the requirements and restrictions for each are understood.