Opening a new business in the state of Texas is not so difficult with the resources and help available to new business owners. Texas is friendly to startups and obtaining the necessary forms and licenses, including a Texas resale certificate, is easy.
This step-by-step guide to owning a business in the Lone Star State will walk you through the process and help you get started in the fastest and most effective way. Let’s begin!
Step 1: Choose a Way to Structure Your Business
This sounds complicated, but it is a choice that should be based on how many people are financially invested in this business and how much they want to limit their financial responsibility for its debts.
You will choose between these options, all likely to require a resale tax certificate in Texas:
Step 2: Choosing a Legal Name for Your Business
This step should take place before you write a business plan or apply for a Texas sales tax resale certificate. Consider these tips when choosing a legal name for your business:
Step 3: Register Your Business in Texas
Every state has its own laws for registering a business, but you can file articles of incorporation, S-corporation, or LLC forms easily using an online service to expedite the processing time. Mailing in forms for Texas sales and use tax resale certificate or a business name will take significantly longer.
The regulations you should be aware of include:
Step 4: Complete Financial and Tax Records Using Your Registered Name
There are a few more steps which are important to be fully registered as a business in the state of Texas:
All of these steps can be completed with the help of our online service. Business Forms are available now at FastFilings to help you get started with your new business in Texas today!