How To Register A Legal Business Name In Texas
Even if you are not required to obtain an ein there are often business reasons for doing so.
How to register a legal business name in texas. A name registration is valid for one year and may be renewed. You can register online or on paper. If your business has employees or is taxed separately from you you must obtain a federal employer identification number ein from the irs. A valid name registration precludes another entity from filing under a legal or fictitious name that is not distinguishable in the records of the secretary of state. More generally any business operating in texas should register with the cpa.
Assuming you ve already worked out your business idea how you re going to fund your company and have at least done a simple business plan these are the steps for starting a business in texas. Decide on a business structure. In general sole proprietorships and partnerships need to register with the county clerk s office. Determine the appropriate legal structure of the business and file the business name with the state or county. If you wish the secretary of state to provide a preliminary determination on name availability you may call 512 463 5555 dial 7 1 1 for relay services or e mail your name inquiry to corporations section.
Obtain your federal employer identification number. A final determination cannot be made until the document is received and processed by the secretary of state. Filing a name registration does not give an entity the authority to transact business in texas. Pick a business name. Banks often require an ein to open an account in the business s name and other companies you do business with may require an ein to process.
If you decide to incorporate register with the secretary of state s office sos. To withdraw or cancel a name reservation do so prior to the end of the 120 day reservation period. Step 5 business tax responsibilities. Additionally a name reservation can be renewed.