A Texas professional limited liability company is a corporation that is formed for the purpose of providing a professional service that by law a for-profit or non-profit corporation is prohibited from rendering. A “professional service” means any type of service that requires, as a condition precedent to the rendering of the service, the obtaining of a license in this state. A professional corporation is governed by title 1, chapters 20 and 21 of title 2, and chapters 301 and 303 of title 7 of the Texas Business Organizations Code (BOC). Title 1, chapter 3, subchapter A of the BOC governs the formation of a professional corporation and sets forth the provisions required or permitted to be contained in the certificate of formation.
Title 7, chapter 301 establishes certain restrictions and requirements regarding ownership and management of a professional corporation. Only a professional individual licensed to practice the same professional service as the professional corporation may be a governing person or managerial official of a professional corporation. Also note that a professional corporation cannot be formed for the practice of medicine (BOC § 301.003(3)). If the purpose of the entity is to provide medical services, the professional may form either a professional association or a professional limited liability company.
Texas Professional Filing Service is one-time $375 and includes:
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Assumed Name Certificates:
These are DBA’s placed under your Texas corporation and we process them for $75/each.
Texas Comptroller of Public Accounts office filing requirement by May 15th of every year:
Texas Franchise Tax Return
We provide this as a separate service for only $75/return.