How Long Does It Take to Get an LLC in Texas?
Starting a Limited Liability Company (LLC) in Texas can be an exciting step towards building a successful business. However, many entrepreneurs often wonder about the timeline involved in forming an LLC. In this article, we will discuss the factors that influence the duration it takes to get an LLC in Texas and provide you with a general idea of the process.
Understanding the LLC Formation Process
The process of forming an LLC in Texas typically involves several steps, including choosing a unique name, filing the necessary documents with the Texas Secretary of State, and paying the required fees. The time it takes to complete these steps can vary depending on various factors.
Choosing a Name
The first step in forming an LLC is to choose a unique name that complies with Texas naming requirements. This process can take anywhere from a few hours to a few days. You can check the availability of your desired name using the Texas Secretary of State’s online business name search tool. If your chosen name is available, you can reserve it for up to 120 days by filing a Name Reservation Application.
Filing the Articles of Organization
Once you have a unique name, the next step is to file the Articles of Organization with the Texas Secretary of State. This document officially creates your LLC. You can file the Articles of Organization online, by mail, or in person. The processing time for filing the Articles of Organization can vary, but it typically takes around 5-7 business days if you file online and pay the required fee.
Waiting for Approval
After filing the Articles of Organization, you will need to wait for the Texas Secretary of State to approve your LLC. The approval process can take anywhere from a few days to a few weeks. If there are any issues with your filing, the Secretary of State may request additional information or corrections, which can further delay the approval process.
Obtaining an EIN
Once your LLC is approved, you will need to obtain an Employer Identification Number (EIN) from the Internal Revenue Service (IRS). This process is relatively quick and can be done online in a matter of minutes. An EIN is necessary for tax purposes and to open a business bank account.
Additional Considerations
It’s important to note that the timeline for forming an LLC in Texas can vary depending on the complexity of your business, the number of members, and any additional requirements you may have. For example, if you need to file a Certificate of Good Standing or obtain additional licenses and permits, these processes can add time to the overall timeline.
Conclusion
In summary, the time it takes to get an LLC in Texas can range from a few weeks to a few months. While the process may seem lengthy, understanding the steps involved and staying organized can help streamline the process. By following the guidelines provided by the Texas Secretary of State and the IRS, you can ensure that your LLC is formed efficiently and effectively.
