The process can seem overwhelming if you are a Texas LLC owner who needs to make changes to your company. But with some assistance, it is a simple procedure that can be finished fast. In this article, we’ll go over the procedures necessary to modify your Texas LLC and respond to some frequently asked issues.
Step 1: Submit an amendment certificate to the Texas Secretary of State
You must submit a Certificate of Amendment to the Texas Secretary of State in order to make changes to your LLC. The modifications you desire, such as renaming your LLC or including new members, will be listed in this document. The filing price for this document is $150, and you may submit it either online or by mail.
Update Your Operating Agreement in Step 2 The operating agreement for your LLC sets down the policies and procedures for your company. Update this document if your LLC has undergone any changes in order for it to reflect those changes. This step is especially crucial if you have changed the membership of your LLC.
Step 3: Inform the IRS
You must inform the IRS of any modifications you have made to the tax structure of your LLC, such as switching from a single-member to a multi-member LLC or altering how your LLC is taxed.
Update Your Business Records in Step 4 The last step is to update your company’s records to reflect the modifications you made. This entails changing the name of your company, any licenses or permissions you may have, and any contracts or other agreements you may have with suppliers or customers. Related Questions:
You must submit a Certificate of Amendment to the Texas Secretary of State in order to update the name listed on your DBA in that state. Your new DBA name will be listed in this document.
No, Texas does not require that an LLC be in the name. Your company name must, however, contain a legal designation, such as “Limited Liability Company,” “LLC,” or “L.L.C.”
You must adhere to the requirements provided in your LLC’s operating agreement if you want to have your name taken off an LLC in Texas. This can entail trading in your LLC ownership stake or giving it to a different member. How much does it cost in Texas to rename an LLC?
You must submit a Certificate of Amendment to the Texas Secretary of State in order to change the name of your LLC in that state. This document requires a $150 filing fee.
In Texas, an LLC may indeed change its name. A Certificate of Amendment must be submitted to the Texas Secretary of State’s office in order to rename an LLC in that state. The modification must contain the new name of the LLC, the former name of the LLC, and a notation stating that the owners or managers of the LLC accepted the change. A filing fee must also be included with the amendment.