An LLC is a legal business structure. It is not a corporation or a partnership but can have powers of both. Many small businesses use the LLC structure because it passes profits through to the owners personally. This means the profits are not double-taxed as company profits and personal income when distributed.

What You Need to Form an LLC?

To register an LLC, you must collect information and complete documentation for the state. The most critical document you must complete is the certificate of formation. Information on the certificate includes: The name and address of your LLC; The name and address of a designated registered agent; A description of the type of management structure of the LLC (member- or manager-managed); A statement of purpose; and The names and addresses of those organizing the LLC. Your LLC’s name must be a unique business name that is distinguishable from other existing or registered entities. In addition, while not required for registration in Texas, you should create an LLC operating agreement. An operating agreement should include the purpose and structure of your LLC, membership details, decision-making process, voting rights, management duties, financial matters, and conflict resolution. An operating agreement can also outline how to avoid personal liability in the event of a lawsuit.

How Long Does It Take to Form an LLC in Texas?

The timeframes to get an LLC in Texas vary depending on your preparation and the filing method.

Business Law Archives - Page 2 of 10

Aug 30, 2025 | By Massingill Staff | Read Time: 4 minutes | Business Law

When to Hire an Austin Business Litigation Lawyer

Business litigation lawyers are critical partners for business owners, from the smallest mom-and-pop corner shop or start-up to major publicly owned corporations, particularly in bustling business hubs like Austin. Business law attorneys are experts in resolving disputes arising in the business world, ensuring organizations can navigate complex legal issues and protect their interests through negotiation, settlements, litigation, and more....

Jul 28, 2025 | By Massingill Staff | Read Time: 4 minutes | Business Law

What Is an LP in Business and How Does It Work?

What is an LP in business? In brief, a limited partnership (LP) is a business structure involving partners with differing responsibility and liability levels for the partnership’s activities. General partners control day-to-day operations and manage the business. Limited partners contribute capital while limiting their personal liability. LPs are common in real estate, private equity, and oil and gas industries...

Jul 23, 2025 | By Massingill Staff | Read Time: 4 minutes | Business Law

Who Needs to File a BOI Report?

There’s big news if you’ve been preparing to file a Beneficial Ownership Information Report (BOI report or BOIR) for your Texas business. You may not have to anymore. As of March 2025, the rules around who needs to file a BOI report have changed. For most U.S.-based businesses, the requirement no longer applies. This article explains what changed, what...

Jul 23, 2025 | By Massingill Staff | Read Time: 4 minutes | Business Law

What Is A Certificate of Good Standing and Is It Important for My Texas Business?

If you run a business in Texas, you may have received a request for a certificate of good standing from a bank, a government agency, or even a potential business partner. You might be wondering: What is it? Do I need one? The short answer is that a certificate of good standing (or a Certificate of Fact – Status...

Jul 16, 2025 | By Massingill Staff | Read Time: 4 minutes | Business Law

What Are Your Rights When Your Business Partner Is Trying to Sabotage Your Business?

When we think of workplace sabotage, a disgruntled employee sabotaging the company usually comes to mind. But sabotage can also happen at the partner level. It is distressing, to say the least when your once-trusted partner is sabotaging the business you built together. At one point you both were of common mind with a common vision looking to build...

Jul 15, 2025 | By Massingill Staff | Read Time: 4 minutes | Business Law

Breach of Contract by Other Party: 5 Actions You Should Take

When you enter into an agreement with another person or entity, you assume the other party will hold up their end of the bargain. Unfortunately, this isn’t always the case. Under Texas contract law, a non-breaching party has the right to bring legal action against the breaching party to recover damages if they choose to do so, but what should you...

Jul 15, 2025 | By Massingill Staff | Read Time: 5 minutes | Business Law

How to Add or Change LLC Ownership in Texas

Businesses change over time. It is very rare for the ownership of a company to remain the same over a long period of time, especially when there are multiple owners. Still, many business owners are unsure of how to change the ownership percentage of an LLC in Texas. In this article, we will discuss the two main ways to...

Jul 9, 2025 | By Massingill Staff | Read Time: 4 minutes | Business Law

What Is a Registered Agent for an LLC in Texas?

Starting a business in Texas can feel like learning a new language with all the acronyms and terms involved, like LLCs, EINs, and DBAs. Then someone asks, “Who’s your registered agent?” If you’re scratching your head, you’re not alone. Many business owners wonder, What is a registered agent for LLC paperwork, and why does it matter? In reality, this...

Jun 26, 2025 | By Massingill Staff | Read Time: 4 minutes | Business Law

Do You Need an EIN for Your Business in Texas?

The short answer as to whether you need an EIN number for a business in Texas is: Probably. Most businesses are required to acquire an employer identification number (EIN), and getting one is relatively simple. However, the benefits and requirements of an EIN depend on the type of business you own, which can be more complex. In this article,...

Jun 23, 2025 | By Massingill Staff | Read Time: 4 minutes | Business Law

How Long Does It Take To Get An LLC In Texas?

A limited liability company (LLC) can be a useful structure for your small business. If you have determined it is the best entity for your business, you may want to set it up as soon as possible. The sooner you have your business up and running, the sooner you can start selling your goods or services and earning money. So, how...