5 Common Mistakes to Avoid When You Create an LLC in Texas Online

Starting a Limited Liability Company (LLC) in Texas is a smart move for entrepreneurs looking to protect their personal assets while enjoying business flexibility. However, many first-time business owners make crucial mistakes that can lead to legal issues, extra costs, or even the dissolution of their LLC. To help you avoid these pitfalls, we’ll discuss the five most common mistakes and how to steer clear of them. 1. Not Understanding the Cost to Set Up an LLC in Texas One of the biggest mistakes new business owners make is underestimating the cost to set up an LLC in Texas . While Texas is known for being business-friendly, there are still mandatory fees you need to consider. The Texas Secretary of State charges a $300 filing fee for a domestic LLC and $750 for a foreign LLC. Additionally, you may need to pay for a registered agent service, which can range from $50 to $300 annually if you choose a professional provider. Some entrepreneurs also overlook expenses like obtaining a...