Filing of Certificate Of Incorporation Texas

Texas has been an attractive place for entrepreneurs due to its large population and vast natural resources that are made available. Each and every state requires different procedure for incorporating a business. Similarly, Texas also has its procedure for incorporating a business. Some may choose to start the business individually, where sole proprietorship comes into picture. Others may wish to start up a business with the help of partners who share the profit of the company growth. The above steps are to be followed properly since you may face delay if anything has been missed.

Certification of Incorporation in Texas

The Certification of Incorporation Texas is also called as Articles of Incorporation. This may also be known as the Certificate of Organization or Certificate of Formation. The forms are available from the numbers 201 to 208 which is applicable for different types of business. This incorporation is done through the Secretary of State. One advantage of starting the business in Texas, the filing of incorporation has been facilitated online which reduces complexity and time to a greater extent. The Texas Corporation Registration has been designed for business entities and also for Non-Profit Organizations in various forms.

Profit/Non-Profit/Professional Forms in Texas

Form 201: Form 201 is basically for those who wish to have a Certificate of Formation for- Profit Corporation. This for-profit corporation is being governed in the Texas Business Organizations Code (BOC) with the titles 1 and 2.

Form 202: Form 202 is another type of Certificate of Formation form which is for the nonprofit organization. The nonprofit organizations can be formed for any lawful purpose under the Texas BOC. Some include religious, patriotic, charitable, social, civic, missionary or scientific purpose. Under Texas law, any profit incurred from the nonprofit organizations cannot be distributed as an income to any of the members or director of corporation.

Form 203: To file a corp. in Texas for professional organizations, Form 203 has to be submitted to the Secretary of State in Texas. Professional service in the sense is any type of service pertaining to law that requires a condition standard to the rendering of service. One has to consider the limitations and restrictions that are in for the requirements of ownership and management. Not that any person can be the owner of the professional corporation. Only an individual who is licensed to practice the professional service can be the owner.