business

Business Formation and Organization

Whether you’re starting a new business or are already up and running, minimize your personal liability for company obligations by organizing under Texas law. Consider taking advantage of the relatively new and extremely popular business model: the Texas Limited Liability Company (“LLC”). Unlike the Limited Partnership, owners need not trade in control to enjoy limited liability. Unlike S Corporations, LLCs have no restrictions like the number of shareholders that can invest in the corporation or the types of entities that can be shareholders. Unlike C Corporations, LLCs avoid “double taxation.” In short, the LLC can mix and match the better attributes from other business models and morph to fit your needs.

Looking to raise capital? Your business might be better suited as a corporation. Still others might prefer the LP or LLP. Contact our offices today to find out which entity best suits your needs.

Contact a Texas business organization attorney today at (512) 225-5590.

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