Once you have incorporated an LLC or formed your small or medium business in Texas, you will be required to apply for a business license to make your LLC or corporation operate.
The type of license available for your business depends largely on the type of business. Texas has nearly 250 occupations, professions, and facility business licenses to choose from, which can be obtained directly from the Texas Department of Licensing and Registration.
At the same time, it's important to remember that the county or local city in which you operate may require additional business licenses or even permits. Let's take a closer look at these licenses and how to obtain them.
Any SME working in Texas may require a combination of business licenses and permits from state and federal agencies. Fees and licensing requirements will vary depending on the type of business activity, the county or city in which your business is located, and specific government rules.
How and Where Can You Get Your Texas Corporation License? You can obtain a Texas business license by downloading Form 3301, which is primarily used to apply for or renew a license.
The fee for a Texas business license is $285, which includes the $250 license fee plus a $35 application fee. In addition to this, you will also need to pay a royalty to the state government. If it exceeds $5,000, the royalties are 3% of the gross annual revenue associated with the licensed use.
Texas Secretary of State Website: https://www.sos.state.tx.us/
You will also need to file a quarterly report with the Texas Secretary of State. Royalties will have to be filed quarterly with the report. The timetable for submissions is as follows:
A completed Form 3301 can:
Once the completed application is approved, the Secretary of State will issue a business license that will enable you to operate in Texas.
The picture comes from the Internet
As far as business licenses are concerned in Texas, the state does not require a general business license. This is seen as creating a more business-friendly move.
Texas corporate licenses can be broadly divided into the following categories:
The licenses that allow businesses to operate in Texas vary by county or city. Let's take Dallas as an example. You will need 4 different categories of business licenses, namely Home, Liquor, Vending Vehicle, and Sex-Oriented Business. The above licenses cost anywhere from $25 to $500, except the liquor license, which will cost you $7,202 plus $690.
On the other hand, if you plan to operate in Plano, then you will need a specific license under a professional business license. These licenses include food vendor licenses (including mobile food vendors), alcoholic beverage licenses (this is administered by the TABC as well as the City of Plano), special event licenses, and business licenses (this includes sex-oriented licenses) business), and an attorney license. The base fee for these licenses is $20.
Note: The review and processing of license applications vary by county, but as a standard, the processing time for a professional business license in Texas can be between 5 and 14 business days. However, the maximum processing time for a liquor license is about 75 working days.
Eight House Accounting Firm can register any type of company in the United States for you, such as a limited liability company, limited liability company, charity, partnership, etc., and handle one-stop registration procedures for you, as well as the later work of company operation and maintenance Annual review, tax declaration and other services, we can handle it for you.