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Austin Business Formation |
Attorney Prepared Documents - (LocalZoomLawyer Self Help Area)
Business
(
Bad Check Notice,
Commercial Promissory Note,
Construction Contract,
Contract,
Contract Change Order,
Employee Nondisclosure Agreement,
General Noncompete Agreement,
General Release,
Hiring Letter At-Will Employment,
Independent Contractor Agreement,
Mutual Nondisclosure Agreement,
Noncompete Agreement for Business Managers,
Noncompete Agreement for High-Level Executives,
Noncompete Agreement for IT Professionals,
Noncompete Agreement for Research and Development Employees,
Noncompete Agreement for Salespeople,
Notice of Election to Cancel Contract,
Privacy Release,
Promissory Note,
Second Notice of Overdue Account,
Specific Release,
Subcontractor Agreement,
)
Corporations and LLCs
(
Amendment to Articles of Incorporation,
Amendment to Bylaws,
Approval of Corporate Minutes,
Buy-Sell Agreement,
Bylaws,
Certificate of Formation (LLC) - Texas,
Certificate of Formation (Profit Corporation) - Texas,
Consent of Shareholders to Amendment of Bylaws,
General Partnership Agreement,
LLC Operating Agreement,
Notice of Meeting,
Organizational Meeting of Directors,
Shareholders Agreement,
Special Meeting of Directors,
Waiver of Notice of Meeting,
Formation of New Corporation (PACKAGE),
Formation of New LLC (PACKAGE),
)
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Starting Your Own Business in Austin
Starting your own business can be a frightening prospect. Not only do you have to be concerned with generating income, you also have to familiarize yourself with an abundance of complex laws and regulations. Further, at the outset, you're faced with learning about the different types of business structures and deciding which one best fits your needs. The Austin business formation lawyers of the Duke Firm, PC explain a few of the options:
In the state of Texas, an individual opening a new business must file the appropriate certificates of formation with the Secretary of State. Information about the various requirements and the appropriate forms can be downloaded or completed online at http://www.sos.state.tx.us/index.html.
- A sole proprietorship is the least complex type of business organization. In this case, a single individual operates a business without necessarily having a formal structure in place. If the business is operated under a name other than the individual's, it is referred to as "doing business as" or a DBA in the other name. To use a DBA, you must file an assumed name certificate with the county clerk in the county where the business is located. If there is no business premise, certificates must be filed in every county where the business operates.
- A general partnership is formed when two or more people agree to create a for-profit business. The same DBA rules apply as for a sole proprietorship; however, a written partnership agreement is not mandatory. A limited partnership includes at least one general partner and at least one limited partner.
- A limited liability corporation or LLC shares characteristics of a corporation and a general partnership. Its owners are called as "members" and can be individuals, partnerships, or another legal or commercial entity. Member liability is limited to the amount of individual investment.
- Non-profit organizations can be incorporated or unincorporated in the state of Texas. The members, officers, and directors of non-profit corporations may not receive income from the organization, and the nonprofit may or may not be exempt from state or federal taxes.
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