Form a Texas Corporation – Form a corporation in Texas – Form a Texas S corp

Sun Corporate Filings can help you form a Texas corporation with the Texas Secretary of State on an expedited basis. To form a corporation in Texas or form a Texas subchapter S corporation, you must file the Texas Articles of Incorporation with the Texas Secretary of State. Sun can incorporate your Texas S corporation or register your C corporation in Texas so you can spend your time focusing on your Texas corporation's success.

We can form a Texas general stock corporation or a Texas Subchapter (Texas S Corp.) corporation for you at a low cost. Let us make the Texas incorporation process quick and painless for you by preparing and filing the Texas Articles of Incorporation with the Texas Secretary of State on your behalf.

To form a Texas corporation online, click here to see the costs and time turnaround options for Texas corporations.

How do I form a Texas Corporation?

There is no need to ask, "How do I form a Texas Corporation?" because we know how to incorporate in Texas form start to finish. First, we check corporate name availability with the Texas Secretary of State. Second, we prepare the Texas Articles of Incorporation. Third we review your documents for completeness. Fourth we file the Articles of Incorporation with the Texas Secretary of State. Fifth, after State files the Articles of Incorporation, we will return the filed document to you.

What are the advantages of forming a Texas Corporation?

There are many advantages of forming a Texas corporation. To begin with, there is the protection of the "corporate veil" that provides limited liability to the owners (shareholders). The shareholders are not personally liable for debts and obligations of the corporation. They can personally lose only to the extent of their investments in the Texas corporation form purchasing stock. Since the Texas corporation is an independent legal entity, the Texas corporation has continuous existence. It does not cease to exist simply because one of the shareholders dies or retires. In addition, corporations are the most well known and widely recognized type of business entity. Corporations often have an easier time setting up insurance, retirement funds, profit-sharing, pension, and stock option plans than other business entities.

When you form a Texas corporation, the owners (shareholders) are not personally liable for the debts and obligations of the Texas corporation. Ownership in a Texas corporation is more easily transferable than other business entities. Under most circumstances, shares of stock can be sold without restriction to a third party without having to obtain consent from the Texas corporation itself. Another advantage of forming a Texas corporation is that capital can be raised more easily than other forms of business entities through the sale of stock.

How do I obtain an EIN or Employer Identification number or Tax Payer ID number for my Texas Corporation?

After we form a Texas corporation on your behalf, we offer supporting services. We can obtain an employer identification number (an EIN) for your Texas corporation. An EIN is required to open a bank account, hire employees, and to start business credit for your Texas corporation. If you purchase our Texas premium package, EIN obtainment is included for your Texas corporation.

How do I form a Texas S Corporation?

If you want to form a Texas S corporation or Texas sub chapter S corporation, we can prepare the form required to obtain S corporation status with the IRS. It is important to understand that your Texas S corporation starts as a general stock corporation (C corporation). To obtain or to form a Texas S corporation, you must file for subchapter S status with the Internal Revenue Service (IRS). Forming a Texas S corporation simply means the corporation is taxed like a partnership or LLC with a pass through tax structure. Make sure to check with your accountant or the IRS for limitations or read about Texas C corporations below. By obtaining S corporation status in Texas, it eliminates double taxation and the corporation generally does not file a tax return. On their tax return, the Texas S corporation's shareholders include their share of the Texas Corporation's separately stated items of income, deduction, loss, and credit, and their share of non-separately stated income or loss.

What are the advantages of a C Corporation in Texas?

Generally most people form Texas C corporations that plan on publicly trading the corporation's stock. Since Texas S corporations cannot have more than 75 shareholders, choosing to maintain a Texas C corporation allows for 76 shareholders or more. A Texas C corporation can have multiple classes of stock such as preferred and common shares. A Texas C corporation will be double taxed since both the corporate entity and the individual owners have to file tax returns. For this reason alone, many will find Texas S corporations desirable. However, a Texas S corporation can only be owned by individuals that are U.S. citizens or registered aliens, issue only one type of stock, and are limited to no more than 75 shareholders.

To form a Texas corporation online, click here to see the costs and time turnaround options for Texas corporations.

How do I obtain or prepare corporate bylaws for my Texas Corporation?

Often times, you can hire an attorney or paralegal to prepare the corporate bylaws for your Texas corporation but that could be very costly. If you purchase our premium package, Sun will prepare the initial bylaws (standard language) for your Texas corporation and include meeting minutes (MS Word format) that you can prepare as needed.

What are the corporate bylaws and why are they so important for my Texas corporation?

The corporate bylaws serve as a blueprint for your Texas corporation The bylaws contain the rights, privileges, and powers of the officers, directors, and shareholders. Most Texas bylaws contain the number of directors and their names. Texas bylaws also contain the names of the officers for the titles: President, Vice-President, Secretary, and Treasurer/Chief Financial Officer (CFO). The bylaws normally outline how the bylaws can be amended or changed at a future date.

Another important part of Texas corporation bylaws is to create "rules" on how the Texas corporation can open a bank account, take out loans, write checks, enter into contracts, obtain business credit, and issue stock certificates to its shareholders. Most Texas bylaws will reference a list of shareholders in alphabetical order that includes Texas shareholder's names, addresses, titles held with the Texas corporation, and the amount of shares the shareholder owns in the Texas corporation.

What is a Texas corporate seal?

After the Texas corporation prepares its bylaws or has Sun prepare the bylaws, the Texas corporation will need a corporate seal. What is a Texas corporate seal? A corporate seal is a handheld device that imprints paper with the corporation's name, state of formation, and date the Texas corporation was formed. Many banks and other lending institutes require Texas corporations to possess and use a corporation seal on business documents or loan papers. All Texas corporation kits that Sun sells contain a handheld corporate seal embosser.

What is a Texas corporation kit?

The Texas corporate kit is typically a hardbound binder that contains all of the Texas corporation's important documents such as the Texas Articles of Incorporation and bylaws. All the Texas corporation kits that Sun sells include having the Texas corporation's name hot stamped (professional imprint of the Texas corporation's name) on the spine. Most Texas corporation kits come with a slipcase to keep the binder safe. Some corporate kits are made with a slipcase built in. The choice is yours.

Another important part of a Texas corporate kit is stock certificates. All of the Texas corporate kits that Sun sells contain 20 custom stock certificates that include the Texas corporation's name, the amount of shares, the par value the corporation is authorized to issue, and the title of President and Secretary below the signature lines. If you have already formed your Texas corporation, you can order a Texas corporate kit by clicking here. We have a selection of high quality kits that come in array of styles and colors. Best of all, standard shipping is always free.

Now that you have formed your Texas corporation, obtained your EIN from the IRS, decided upon whether to elect S corporation status or remain a C corporation, prepared the Texas bylaws, issued shares of stock, and used your seal embosser, it is time to verify which local city and/or county tax licenses your business will need. The best place to start is your city hall or county recorder's office. Take the time to verify your areas business licensing requirements. For those of you who plan to run your Texas corporation out of your home, check with your city or county to find out if a work at home permit is required. Once your licensing requirements are met, it is time to start operating your Texas corporation.

To form a Texas corporation online, click here to see the costs and time turnaround options for Texas corporations.

We wish you the best with your Texas corporation business venture! Questions? 888 595-2747