How much does it cost to reinstate LLC in Texas?

LLC – The filing fee for reinstating an administratively dissolved LLC in Texas is $75. Expedited service requires an additional $25. Corporation – An administratively dissolved corporation in Texas has to pay $75 in order to be reinstated. If you opt for expedited service, you will have to pay another $25.

Do you have to renew your LLC in Texas?

Annual Report Unlike most states, Texas does not require LLCs to file annual reports with the Secretary of State. However, LLCs must file annual franchise tax reports (see below).

How do I look up an LLC in Texas?

Search for a business entity (Corporation, LLC, Limited Partnership) in Texas by going to the Secretary of State’s Website. Preform a lookup by Name, Tax ID Number, or File Number. When preforming your lookup by name, be sure to include as many keywords as you can in order to to have the best results.

Does an LLC expire in Texas?

A limited liability company’s articles of organization generally allow its members to designate the duration of the company. Articles can state a date upon which an LLC expires. If no expiration date is stated, the LLC continues perpetually.

How do I renew my LLC in Texas?

Reinstating or Terminating a Business

1. File any Annual Franchise Tax and (Public or Ownership) Information Report forms.
2. Pay any tax, penalty and interest payments due.
3. Complete and submit Form 05-391, Tax Clearance Letter Request for Reinstatement (PDF), via mail or online using Webfile.

Can I reinstate my LLC?

A domestic corporation or limited liability company (“LLC”) that is administratively dissolved may apply for reinstatement within 5 years of the date of the administrative dissolution by filing an application for reinstatement.

Do I have to renew my LLC every year?

Do I need to renew my LLC every year? The renewal fee for a limited liability company, or LLC, has to be paid every one or two years, with the frequency varying by state. The LLC business entity is created at the state level. It has the qualities of both corporations and partnerships.

What if my LLC has no income?

LLCs that have become inactive or have no income may still be mandated to file a federal income tax return. Filing requirements will depend on how the LLC is taxed. An LLC may be taxed as a corporation or partnership, or it may be totally disregarded as an entity with no requirement to file.

How do I know if my LLC has been approved Texas?

How to search an LLC name in Texas

1. Call the State. Call the State Business Information Line at 512-463-5555 and tell them: “Hello, I am forming an LLC and I’d like to check to see if my name is available.”
2. Send an Email. The Texas Secretary of State replies to emails very fast.
3. Search the State’s Online Database.

How do I know if my LLC is active?

To check an LLC’s status, you can request a copy of its Certificate of Standing. A company that is in good standing will have a current Certificate of Good Standing. You can do this for every state.

Is there a yearly fee for LLC in Texas?

There are no annual registration fees imposed on LLCs in Texas. However, your LLC may need to file an annual franchise tax statement with the Texas Comptroller. The basic total cost of forming an LLC in Texas is $300. The basic total cost of registering a foreign LLC in Texas is $750.

What if my LLC is inactive?

If a company does not remain in good standing while it is inactive, the state may dissolve it and impose penalties. If not dissolved, the company will continue to incur penalties for outstanding taxes. Owners may become personally liable for any outstanding tax liability as a result.