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Required documents to register LLC

Asked by: Santhi Chowdary - 30 April, 2013
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 My friend wants to start business in Texas, he is staying in Texas. I need answer for the following questions: 
1. What are the documents required to register LLC?
2. What are the taxation procedures and tax rates in the state of TEXAS?
3. What are the required documents to open a bank account in the name of LLC?
Answered by: Ray Albert - 30 April, 2013
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Santhi,

1. You would not be required to submit any financial or identification documents to Texas state while applying for the business. They only require the basic information, such as the owners' name(s) and home address(es), along with the appropriate application forms and state processing fees, which you can see on our application to register Texas LLC.

2. An LLC is a pass-through entity, which means the income is passed through to the owners' personal income. We offer a free tax-webinar which addresses these common taxation questions.

3. Banks typically require the Articles of Organization (state-issued document showing company registration), the federal tax id (EIN) and personal identification and proof of address of the applying business owner/representative.

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