Certificate of Formation for a Limited Liability Company – Form to be used to form a limited liability company. Rev. 05-11 (# of pages – 6) ( Word, PDF) Certificate of Formation for a Professional Limited Liability Company – Form to be used to form a professional limited liability company.

Can a series LLC be a company in Texas?

It’s important to note that while the protected series of a Series LLC function as sub-companies, Section 101.633 of the Texas Business Organizations Code (“TBOC”) clearly indicates that individual series are not recognized stand-alone entities in the state of Texas.

Who are the members of a Texas LLC?

A member of an LLC is a person that holds an ownership or membership interest in the LLC. An LLC is always going to have at least one member, but the affairs of the LLC can be managed or governed in one of two ways. First, the LLC may be governed by its members as a whole. In this situation, every member has management authority.

When do Texas limited liability partnerships have to file their annual report?

A Texas partnership registered as a Texas limited liability partnership (LLP) is required to file an annual report with the secretary of state no later than June 1 of each year following the calendar year in which the application for registration takes effect.

Limited Liability Company: A Texas limited liability company is created by filing a certificate of formation with the Texas Secretary of State. The Secretary of State provides a form that meets minimum state law requirements. Online filing of a certificate of formation is provided through SOSDirect.

What makes a LLC a LLC in Texas?

LLCs, or limited liability companies, are legal entities that are filed at the state level with special protections when it comes to liability. This leads to significant differences between LLCs founded in Texas and in any other state. Depending on the kind of business you are starting, Texas may just be the perfect place.

What kind of corporation can you form in Texas?

Filing a certificate of formation with the secretary of state creates a for-profit corporation, professional corporation, close corporation, nonprofit corporation, LLC or limited partnership. Designations such as “S,” “C,” or “501 (c) (3)” refer to federal tax provisions.

How are LLCs and LPs formed in Texas?

Corporations, LLCs, and LPs are formed by filing a certificate of formation with the secretary of state. Corporations are owned by shareholders, managed by a board of directors, and administered by officers.