How To Register A Legal Business Name In Texas
Even when the name of the business you want looks like it is available the comptroller of public accounts will make a final determination at the time of filing to ensure the name you picked isn t too similar to other registered names.
How to register a legal business name in texas. Reserving a business name in texas nowadays you can make name reservations even generic ones that can apply to any kind of filing body via sosdirect which can be accessed around the clock. Step 5 business tax responsibilities. Additionally a name reservation can be renewed. These are the basics of searching for a business name in texas. 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.
Filing a name registration does not give an entity the authority to transact business in texas. You can register online or on paper. Pick a business name. In general sole proprietorships and partnerships need to register with the county clerk s office. Decide on a business structure.
More generally any business operating in texas should register with the cpa. Obtain your federal employer identification number. 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. 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. Determine the appropriate legal structure of the business and file the business name with the state or county.
A name registration is valid for one year and may be renewed. A final determination cannot be made until the document is received and processed by the secretary of state. If your business has employees or is taxed separately from you you must obtain a federal employer identification number ein from the irs. Even if you are not required to obtain an ein there are often business reasons for doing so.