What is an LLC?

Find the right LLC attorney in College Station, TX

The Limited Liability Company, or LLC, is a legal business structure that seeks to combine advantages 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 benefit of limited liability, the same as a corporation. Also like corporations, LLC's may 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. Business forms with limited liability have existed for hundreds of years, but the modern LLC became more popular in Texas since the legislature enacted laws authorizing its creation.

Can My Business Be Formed as an LLC?

A business in Texas can be organized using the form that it chooses. If the founders want to organize as an LLC, all that is necessary is filing the appropriate form with the Secretary of State. There can be a fee required for opening your LLC, however. Applicable Texas laws govern the formation of LLC's and their actions. These laws should certainly help you decide whether to organize as an LLC. The business structure that is appropriate for your business might 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?

Businesses in College Station might sometimes change form. A company is eligible for conversion to an LLC if its situation falls under circumstances that are detailed 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 College Station

College Station is located in Brazos County, in the eastern central part of Texas. College Station is located near Houston, Dallas and San Antonio. Per the 2010 census, the population of the city is 93,857 people.

College station is recognized because it is home to Texas AM University. In fact, the city is a quaint college town! Along with the university, other popular sites include the D.A. "Andy" Anderson Arboretum and the George Bush Presidential Library.

Famous past residents include Sara Alpern, Robert A. Calvert, David M. Lee, Ross King, R.C. Slocum, Robert Gates, Tiffany Thornton, and Brek Shea.

College Station residents, being near some of Texas's largest cities, have easy access to the top-tier firms located in those cities. These surrounding cities have well-experienced, excellent attorneys that practice in many areas of law. Thus, any legal need of College Station residents and local businesses will not be unattended to.

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