What is an LLC?

Find the right LLC attorney in Bryan, TX

The Limited Liability Company, or LLC, is a legal business structure that seeks to combine benefits from across several other traditional business forms. Like a sole proprietorship or partnership, an LLC is not taxed as its own entity. However, it still has the advantage of limited liability, the same as a corporation. Also like corporations, LLC's can have as many shareholders, or members, as it likes. Unlike a corporation however, the death or bankruptcy of one of the members will dissolve the LLC. Various forms of limited liability companies have been around for hundreds years, but the modern LLC, like the legislature enacted in Texas, became more popular in the past several decades.

Can My Business Be Formed as an LLC?

Businesses in Texas can organize using whatever form they choose. The office of the Secretary of State is the organization that accepts filings by those who want to open LLC's. However, fees are generally required to form a LLC. The actions of LLC's as well as the costs for operating them are determined by Texas law. These laws should certainly help you decide whether to organize as an LLC. The business structure that is appropriate for your business may take some effort to find, but finding the right business form can reward you with increased profitability.

Can I Change the Form of My Business to an LLC?

Under certain conditions, a business in Bryan may change its form. Eligibility for conversion to a LLC is determined by Texas law.

How Can an Attorney Help?

Whether it would be favorable for your business to form or convert to a LLC is a difficult decision. An attorney practicing business law in Texas can give you valuable advice.

Talk to a Business Law Attorney now!

Life in Bryan

Bryan is located in Texas's Brazos County, with a population nearing 76,300 people. It is surrounded by Brazos Valley and College Station. Specifically, it is near Houston, San Antonio, Dallas, and Austin. As evidence, Bryan has a convenient central location!

Bryan's economy is primarily driven by Texas A M University, the Bryan Independent School District, Sanderson Farms, St. Joseph Regional Health Center, Alenco, and the City of Bryan. The legal industry also has a presence in Bryan because many attorneys call Bryan home. Also, with Bryan being so central to many large cities with top-tier law firms, local businesses and residents have access to top notch legal services.

Famous residents include Terry H. Anderson, Kent Caperton, Chester Dunning, Claude Hall, Devin Lemons, J. Milton Nance, Doug Supernaw, Ty Warren, Jack Kingston, and Lou Zaeske.

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