Share

Austin TX Business Law Blog

Saturday, October 10, 2015

Texas Ranked as Friendliest State for Small Businesses

What are the benefits of incorporating my small business in Texas versus other states?

When starting a business, one of the first steps to consider is where to incorporate? Legally speaking, deciding where to incorporate is one of the most pivotal decisions an entrepreneur can make, as the company will be subject, as it grows, to the laws of not only the state(s) where it does business, but its state of incorporation as well. Accordingly, businesses should take into consideration the various tax, civil, procedural, and dispute resolution laws in place when making this decision – all of which will undoubtedly impact at some point during the life of the business.

In a recent survey conducted on thousands of small business owners in Texas, the Lone Star State ranked first as the friendliest small business state in the U.S. The survey reviewed several areas, including: ease of starting a business, state employment regulations, taxes, zoning, and environmental laws. Receiving an “A” in nearly every category, small business owners touted the relative ease with which a start-up in Texas can obtain the necessary licensing  as well as benefit from the overall unobtrusiveness of state environmental and zoning regulations. Small businesses also reported favorable tax treatment, including paying virtually no income taxes in most cases.

If you operate a start-up business and are considering incorporating in Texas, working with a reputable business attorney is one of the first steps to take to ensure a seamless transition. While the steps to incorporate and gain legal recognition of your business entity may seem straightforward, working through the state and federal hiring and employment regulations may not be as easy. An experienced Texas business attorney can help ensure that your enterprise meets applicable zoning and permit laws. This is especially important if your business is in the industrial or manufacturing sector.

If you are in need of assistance with your start-up business, please contact the Kumar Law Firm in Austin, Texas today: 512-323-6060.


Archived Posts

2023
2022
2021
2020
2019
2018
2017
2016
2015
2014


   



© 2023 The Kumar Law Firm PLLC | Disclaimer
2110 Ranch Rd 620 S, P.O. Box 341060, Lakeway, TX 78734
| Phone: 512-960-3808

Business Formation | Business Law | General Counsel Services | Purchase/Sale of a Business | Establishing Company Policies and Employee Handbooks | Franchise Law | Intellectual Property Strategy | Intellectual Property Law | Patents | Trademarks and Service Marks | Copyrights | Trade Secrets | Contracts & Negotiations | Business Succession Planning | Estate Planning | Alternative Dispute Resolution for Business | About

Google+Linked-In Company

-
-