Business Formation Attorney in Austin, TX
Build Your Business on a Solid Legal Foundation.
ME Law makes launching and structuring your business straightforward, strategic, and stress-free.
Whether you’re starting fresh or restructuring an existing entity, we guide you through every decision—ensuring you build a strong foundation for success.
Contact us or at (512) 503-0707 to schedule a free consultation with our business attorney in Austin today.
Why Business Formation and Entity Structuring Matter
Choosing the right legal structure for your business isn’t just filling out paperwork—it’s a strategic decision that impacts your liability, tax obligations, and growth potential. With so many options—from LLCs and corporations to partnerships and nonprofits—it’s essential to understand the benefits and risks of each.
At ME Law, our Austin business formation lawyer helps you:
- Understand the pros and cons of each business entity type.
- Ensure compliance with Texas state laws and regulations.
- Structure your business to minimize risk and maximize opportunities.
- Set up the right governance framework from day one.
Types of Business Entities in Texas
In the state of Texas, there are several types of business structures, each with its own legal, tax, and operational implications. Choosing the right one is essential to protect your interests and align with your goals. Here are the most common entity types:
- Sole Proprietorship: The simplest business structure where one individual owns and operates the business and is solely responsible for assets and liabilities. While easy to set up, it offers no liability protection between personal and business assets.
- General Partnership: A business owned by two or more people who share management responsibilities and liabilities. Each partner is personally responsible for the debts of the business, and profits are shared.
- Limited Partnership (LP): Includes at least one general partner with unlimited liability and one or more limited partners whose liability is restricted to their investment. This structure allows silent investors to contribute capital without taking on full liability.
- Limited Liability Partnership (LLP): All partners can participate in the management of the partnership and have limited liability that shields them from debts and liabilities incurred by the partnership. Commonly used by professional practices like attorneys and accountants.
- Limited Liability Company (LLC): Combines the liability protection of a corporation with tax flexibility and simpler management. Owners (members) are generally not personally liable for the business’s debts and obligations.
- C-Corporation: A separate legal entity that provides strong liability protection and the ability to issue shares. Profits are taxed at the corporate level, and shareholders may also face taxes on dividends (double taxation).
- S-Corporation: Similar to a C-corporation but with tax benefits, allowing profits and losses to pass through to shareholders (pass-through taxation). Eligibility restrictions apply, and it’s often favored by small businesses for its tax advantages.
How To Create Your Business Entity in Texas
Forming a business in Texas involves several key steps. At ME Law, we make the process clear and manageable to ensure your business is properly formed and compliant from the start. We guide you through these steps:
- Choose Your Business Structure: Decide which entity type—such as an LLC, corporation, or partnership—best suits your goals, liability tolerance, and tax considerations.
- Select a Business Name: Choose a unique name that complies with Texas rules and doesn’t conflict with existing businesses.
- File Formation Documents: LLCs must file Articles of Organization, corporations must file Articles of Incorporation, and some partnerships must submit a Certificate of Formation with the Texas Secretary of State, along with any required filing fees.
- Appoint a Registered Agent: In Texas, you are required to appoint a registered agent who can receive official government and legal documents on behalf of the business.
- Draft and Adopt Internal Agreements: While not required by law, governing documents, such as an Operating Agreement (for LLCs) or Bylaws (for corporations), outline the rules and operations of your business.
- Register for State and Local Taxes: Depending on your business activities, you may need to register with the Texas Comptroller of Public Accounts and obtain relevant permits or licenses.
- Obtain an EIN (Employer Identification Number): Apply with the IRS for an EIN, which is necessary for tax purposes, hiring employees, and opening business bank accounts.
- Maintain Ongoing Compliance: Stay in good standing by filing annual reports, maintaining records, and adhering to applicable laws and regulations.
Contact Our Austin Business Formation Lawyer Today
Starting a new business is exciting, but it requires a lot of planning that can be stressful and overwhelming. You need knowledgeable legal counsel to ensure your business is set up properly for long-term success.
At ME Law Firm, we’re proud to help entrepreneurs bring their dreams to life. Our Austin business attorney takes the time to get to know you and your goals, explain complex decisions in plain language, and deliver strategies that protect your interests now and into the future.
Get your business off on the right foot today. Contact us to schedule a consultation by calling (512) 503-0707 or by filling out the contact form below.
What Our Clients Say
His communication was top-notch; I was kept informed every step of the way. Thanks to his dedication and hard work, I received a settlement that exceeded my expectations. I highly recommend Mikel Eggert to anyone facing property damage issues. He truly cares about his clients and works tirelessly to achieve the best outcomes!
Mikel Egger help me until the end and guiding me step by step and explaining everything perfectly.
100% recommend
M. Woodard
He was super timely with communications and most importantly helped resolve the issue without needing to escalate it to court.
I will definitely work with Mikel for future legal needs.