Small business lawyers at the Law Offices of Alex R. Hernandez Jr. will work with you to create an LLC in Texas. An LLC offers tax benefits and some protection against personal liabilities for the owner.
This business entity type is not available to certain businesses, such as insurance companies. Although LLCs usually have two or more members, it is possible to structure an LLC with a single owner. Owners are also known as members. An LLC may include corporations or other LLCs. Each type comes with its own benefits and drawbacks.
We will tell you about the salient features of each so that you can decide upon the LLC type that is the best fit for your business. Every LLC in Texas must have an operating agreement that details the financial structure, company rules and sundry regulations that govern the functioning of an LLC.
With an operating agreement in place, you have a reference for running the LLC and also for managing disputes and disagreements. The operating agreement also carries guidelines for dissolution of the company. We will draft an operating agreement that is current with the latest laws.
There are many advantages of an LLC. To learn more, schedule a consultation with the Law Offices of Alex R. Hernandez Jr.