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Forming a business in Texas?

Are you forming a new business in Texas?  Do you know what must be included in the certificate of formation, and what may optionally be included in the certificate of formation? And what is a company agreement, or bylaws, or a limited partnership agreement? Do you even need them? What if there will be multiple owners of the entity, and your concerns differ from your partner-to-be? And what if your certified public accountant suggests that they form the entity for you?

Which legal entity is right for your Texas Business?

If your tax professional suggests that a new or different form of business organization might be beneficial, I can assist you in the formation of a corporation, a limited liability company, a limited partnership, a joint venture, a general partnership, a professional corporation, or a professional association. There are many more types of business organizations, but these are the entities most frequently formed by smaller businesses.

Business contracts.

And I draft customized contracts to meet my clients’ requirements and I take charge of the negotiations that routinely accompany this type of work. I also review franchise agreements; review and document leases (personal property and real property); and document secured and unsecured transactions, purchases, sales, and related matters. 

The importance of your CPA or tax professional.

Input from your certified public accountant on the choice of entity is an absolute must before the entity is organized.  Your CPA knows your tax situation, and his or her counsel more often than not dictates their preference for the choice of your entity. I regularly assist clients in the organization of their Texas business entities.  And the counsel of a Texas attorney is especially critical prior to forming the entity if two or more individuals will own the business. 

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