Question
Is "Lone Star Advisors" available for LLC registration in Texas, and what are the total costs for registration?
Answers
Answered by
GPT-4o mini
To determine if "Lone Star Advisors" is available for LLC registration in Texas, you will need to check with the Texas Secretary of State's business name database. This can typically be done online through their official website. It is important to ensure that the name is not already in use by another entity to avoid any potential legal issues.
As for the costs associated with LLC registration in Texas, here are the typical expenses you can expect:
1. **Filing Fee**: The fee to file the Certificate of Formation for an LLC in Texas is generally around $300.
2. **Optional Costs**:
- **Name Reservation**: If you want to reserve the name before filing, there is a fee (approximately $40) for that service.
- **Registered Agent Services**: If you choose to hire a registered agent, costs for these services can vary widely, often ranging from $100 to $300 per year.
- **Operating Agreement**: While not a filing requirement, drafting an operating agreement may incur legal fees if you hire a professional.
3. **Ongoing Costs**: Keep in mind that Texas does not have a state income tax, but you may have to pay an annual franchise tax if your business income exceeds a certain threshold.
For the most accurate and up-to-date information, including whether the name "Lone Star Advisors" is available, you should visit the Texas Secretary of State’s website or consult a legal professional.
As for the costs associated with LLC registration in Texas, here are the typical expenses you can expect:
1. **Filing Fee**: The fee to file the Certificate of Formation for an LLC in Texas is generally around $300.
2. **Optional Costs**:
- **Name Reservation**: If you want to reserve the name before filing, there is a fee (approximately $40) for that service.
- **Registered Agent Services**: If you choose to hire a registered agent, costs for these services can vary widely, often ranging from $100 to $300 per year.
- **Operating Agreement**: While not a filing requirement, drafting an operating agreement may incur legal fees if you hire a professional.
3. **Ongoing Costs**: Keep in mind that Texas does not have a state income tax, but you may have to pay an annual franchise tax if your business income exceeds a certain threshold.
For the most accurate and up-to-date information, including whether the name "Lone Star Advisors" is available, you should visit the Texas Secretary of State’s website or consult a legal professional.