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Tag: Texas LLCs

Is Texas Attempting to Turn the Tide on LLC vs. Corporation Formation?

Is Texas Attempting to Turn the Tide on LLC vs. Corporation Formation?

How Texas’s 2025 Corporate Governance Reforms Could Reshape Entity Selection Decisions For decades, limited liability companies (LLCs) have been the go-to entity for Texas businesses thanks to their flexible structure, simplified management, and favorable tax treatment. But recent legislative developments suggest that Texas lawmakers may be signaling a shift, encouraging businesses to take a closer look at the corporate entity…

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Importance of a Company Agreement for Texas LLCs

Importance of a Company Agreement for Texas LLCs

For Texas limited liability companies (LLCs), having a well-drafted company agreement is not just a best practice—it’s a crucial step in establishing clear governance, protecting members’ interests, and ensuring smooth business operations. Here’s why a company agreement, crafted with input from legal counsel, is essential for Texas LLCs: 1. Clear Governance and Structure A company agreement serves as the foundational…

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