In Texas, there is a franchise tax which is usually 0.7 % to 1% of revenue (after deducting either COGS or employee wages). As mentioned by...

I would only add that you will likely need to also amend your company agreement, bank authorizations, and have a written consent from the members...

Need attorney that handles change of ownership of company / corporation?

Give me a call. I work with business owners in the reorganization, sale and purchase of businesses and their assets.

We want to start another business but not sure how to stucture it.

Yes. You can just use the form provided by the county and file it that same day. Please remember that a Texas DBA automatically expires in 10 years.

What kind of lawyer would a client need to draw up a lease purchase agreement that would be acceptable under Texas law?

I might be able to help you. I have do many of these. Give me a call at (512)476-0005.

Besides what Lu Ann already said, you may also find that your wills are not properly "self proved" underTexas law. If that is the case, then your...

Is a power of attorney still valid if the grantor dies under TX state law

The answer is no. Under Texas law, a power of attorney is no longer effective upon the death of the Principal who executed it.

Since there is a will, you need to probate it in order to transfer title. Until it is probated, there is no individual who can legally act on...

Process under TX state law to dissolve a partnership, division of partnership assets

I would agree with what has previously been stated by my collegues. In addition, I would suggest you look to see if a Buy Sell Agreement was...

Under TX business laws, what type of businesses can be converted into a LLC

Under Texas Business Organizations Code, an "domestic entity" may convert into a different type of domestic entity. Of course, there are very...