You might be wondering if you can obtain a DBA (Doing Business As) online if you intend to launch a business in Texas. The good news is that you may apply for a DBA in Texas online. Before you can obtain a DBA, you must, however, meet a number of requirements.
You must submit a Certificate of Assumed Name to the Texas Secretary of State in order to obtain a DBA in that state. Through the Secretary of State’s website, you can electronically file this certificate. You must provide your company name, the county in which your company is based, and your contact details. A $25 charge must be paid after your application has been submitted.
You must post a notice of your DBA in a local newspaper after submitting your Certificate of Assumed Name. Within 30 days of filing your certificate, you must complete this. For four weeks straight, the notice must be published once a week. You must submit a Certificate of Publication to the Texas Secretary of State when you’ve finished this step.
Did you know that Texas is the second-largest state in the US in terms of both size and population? Now, onto some interesting Texas facts. The Houston Livestock Show and Rodeo, the biggest rodeo in the world, is also held there. Additionally, Texas is the only state that was formerly a sovereign nation.
Be ready for a long drive if you’re planning a road trip across Texas. The distance between Texas’ eastern and western borders can be traveled in 14–15 hours. The Big Bend National Park and the Palo Duro Canyon are two of Texas’ most breathtaking natural areas, though.
You might be wondering if you have to pay a franchise tax if you’re launching a business in Texas. The majority of companies in Texas must pay a franchise tax, so the answer is yes. The tax is calculated using your company’s margin, which is total revenue less cost of goods sold. In Texas, the average franchise tax rate is currently 0.375%.
Last but not least, it’s critical to comprehend what forfeited existence entails if you’re conducting business in Texas. Your company could lose its legal status if it doesn’t submit its yearly franchise tax report or pay its franchise tax. As a result, your company will cease to be legally recognized and be unable to operate in Texas until it has been reestablished.
In conclusion, it is feasible to obtain a DBA in Texas online, but you must take the required actions to be in conformity with the law. Additionally, Texas has a lot of interesting facts that make it a special state to conduct business in.
Certificate Status refers to the formal document issued by the Texas Secretary of State that verifies the presence and specifics of your DBA registration when obtaining a DBA online in Texas. It demonstrates that your DBA registration with the state of Texas is current and in good standing. The Texas Secretary of State’s office can provide you with a Certificate Status upon request, or you can get it online via their website.