Registering Your Out-of-State Business

Texas welcomes out-of-state or foreign entities to do business within the state. There are, however, some requirements made of these businesses. One is that they must register with the Secretary of State before performing most business transactions. There are some types of transactions that are exempt from the registration law, however, so it may be beneficial to speak with a Texas business attorney prior to beginning transactions in the state.

It can be exciting to venture into a new area of business. However, if your company is performing business in Texas for the first time, you may need to register or meet other requirements. Call the Austin business attorneys of Slater, Kennon & Pugh Ltd.LLP today at 512-472-2431 to speak with someone about the requirements for your out-of-state business.

Who is Required to Register

The following are a few of the entities required to register with the Secretary of State in Texas:

• Partnerships, corporations, and companies
• Real estate investment trusts
• Business trusts
• Cooperatives

There are other companies or groups that may also be required to register. It may be best to speak to an attorney if you are at all unsure of whether or not your company needs to register. Currently, it costs $750 to register most foreign entities in the state of Texas. Although this may seem expensive, it could be even more costly for your company to face fines after failing to register.

Contact Us

The Austin business attorneys of Slater, Kennon & Pugh Ltd.LLP understand the importance of getting your business transactions in Texas started on the right foot. Call us today at 512-472-2431 to speak with one of our qualified lawyers.