Form 205 PDF Details

Creating a Limited Liability Company (LLC) in Texas necessitates a comprehensive understanding of Form 205, a critical document designed to formalize the establishment of an LLC in accordance with the Texas Business Organizations Code (BOC). This form serves as a Certificate of Formation, outlining requisite information that confirms to minimal statutory filing requirements, while emphasizing that expert advice from an attorney and tax specialist is invaluable for navigating complexities. Form 205 establishes the unique structure of an LLC, which is distinct from corporations and partnerships, offering flexibility in ownership and operations. Owners, referred to as members, can include a diverse group from individuals to corporations. It touches on vital elements such as naming conventions that must adhere to specific legal criteria to avoid confusion or misrepresentation, the appointment of a registered agent for legal correspondence, and the operational governance of the LLC, whether managed by members or designated managers. Critical fiscal responsibilities are also highlighted, including state franchise tax obligations and the necessity of obtaining a federal employer identification number for tax purposes. Furthermore, the form allows for the specification of the LLC’s purpose, ensuring alignment with lawful activities, and includes provisions for stating the initial mailing address for tax correspondence, thereby underscoring the administrative and legal foundation required for a successful LLC formation in Texas.

QuestionAnswer
Form NameForm 205
Form Length7 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min 45 sec
Other namesform 205 texas pdf, form 205 certificate of formation llc texas, tx form 205, texas 205

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Form 205—General Information

(Certificate of Formation—Limited Liability Company)

The attached form is designed to meet minimal statutory filing requirements pursuant to the relevant code provisions. This form and the information provided are not substitutes for the advice and services of an attorney and tax specialist.

Commentary

The limited liability company (hereinafter LLC) is neither a corporation nor a partnership; rather, it is a distinct type of entity. An LLC is governed by title 3, chapter 101 of the Texas Business Organizations Code (BOC). Title 1, chapter 3, subchapter A of the BOC governs the formation of an LLC and sets forth the provisions required or permitted to be contained in the certificate of formation.

The owners of an LLC are called “members.” An LLC may have one or more members. Members may be individuals, partnerships, corporations, and any other type of legal entity.

Taxes: LLCs are subject to a state franchise tax. Contact the Texas Comptroller of Public Accounts, Tax Assistance Section, Austin, Texas, 78774-0100, (512) 463-4600 or (800) 252-1381 for franchise tax information. For information relating to federal employer identification numbers, federal income tax filing requirements, tax publications, and forms call (800) 829-3676 or visit the Internal Revenue Service web site at www.irs.gov.

Instructions for Form

Article 1—Entity Name and Type: Provide a company name and organizational designation. The entity name must comply with the provisions of chapter 5 of the BOC and the administrative rules on entity name availability adopted by the secretary of state. Chapter 5 of the BOC requires that the entity must be distinguishable in the records from the name of any existing domestic or foreign filing entity, any fictitious name under which a foreign filing entity is registered to transact business in this state, or any name reservation or registration filed with the secretary of state. In addition, the entity name may not contain any word or phrase that by its inclusion in the name: 1) indicates or implies that the entity is engaged in a business that the entity is not authorized to pursue, or 2) falsely implies that the entity is affiliated with a governmental entity. If the entity name does not comply with these provisions, the document cannot be filed.

The administrative rules adopted for determining entity name availability (Texas Administrative Code, title 1, part 4, chapter 79, subchapter C) may be viewed at www.sos.state.tx.us/tac/index.shtml. If you wish the secretary of state to provide a preliminary determination on name availability, you may call (512) 463-5555, dial 7-1-1 for relay services, or e-mail your name inquiry to corpinfo@sos.texas.gov. If the entity name does not meet the standard for availability, the document will not be filed. A final determination cannot be made until the document is received and processed by the secretary of state. Do not make financial expenditures or execute documents based on a preliminary clearance. Also note that the preclearance of a name or the issuance of a certificate of formation under a name does not authorize the use of a name in violation of another person’s rights to the name.

Article 2—Registered Agent and Registered Office: The registered agent can be either (option A) a domestic entity or a foreign entity that is registered to do business in Texas or (option B) an

Form 205

Instruction Page 1 – Do not submit with filing.

individual resident of the state. The limited liability company cannot act as its own registered agent; do not enter the limited liability company name as the name of the registered agent.

Consent: A person designated as the registered agent of an entity must have consented, either in a written or electronic form, to serve as the registered agent of the entity. Although consent is required, a copy of the person’s written or electronic consent need not be submitted with the certificate of formation. The liabilities and penalties imposed by sections 4.007 and 4.008 of the BOC apply with respect to a false statement in a filing instrument that names a person as the registered agent of an entity without that person’s consent. (BOC § 5.207)

Office Address Requirements: The registered office address must be located at a street address where service of process may be personally served on the entity’s registered agent during normal business hours. Although the registered office is not required to be the entity’s principal place of business, the registered office may not be solely a mailbox service or telephone answering service (BOC § 5.201).

Article 3—Governing Authority: The certificate of formation must state whether the LLC initially has or does not have managers. If the LLC initially has managers, select option A and provide the name and address of each initial manager in the space provided. If the LLC initially does not have managers, select option B and provide the name and address of each initial member of the LLC in the space provided. A minimum of one person is required.

If the governing person is an individual, set forth the name of the individual in the format specified. Do not use prefixes (e.g., Mr., Mrs., Ms.). Use the suffix box only for titles of lineage (e.g., Jr., Sr., III) and not for other suffixes or titles (e.g., M.D., Ph.D.). If the governing person is an organization, set forth the legal name of the organization. For each governing person, only one name should be entered. Do not include both the name of an individual and the name of an organization. An address is always required for each governing person.

Please note that a document on file with the secretary of state is a public record that is subject to public access and disclosure. When providing address information for a manager or member, use a business or post office box address rather than a residence address if privacy concerns are an issue.

Article 4—Purpose: An LLC may be formed for any lawful purpose or purposes not expressly prohibited under chapter 2 of title 1 or title 3 of the BOC. This form provides for the creation of an LLC with a general purpose. Please note that while the BOC allows a general purpose, other laws, including the Internal Revenue Code, may require that the certificate of formation include more specific purposes or language as a basis for granting a license or tax-exempt or tax-deductible status. The additional space provided in the “Supplemental Provisions/Information” section may be used to set forth a more specific purpose or purposes.

This form cannot be used to engage in a licensed activity when such license cannot be issued to the LLC. To form a professional limited liability to provide a professional service use Form 206.

Initial Mailing Address: Effective January 1, 2022, the certificate of formation of a filing entity must provide the initial mailing address for the entity. The initial mailing address is the address that will be used by the Comptroller of Public Accounts for sending tax information and correspondence to the entity. The initial mailing address may be a post office box or street address.

Form 205

Instruction Page 2 – Do not submit with filing.

Supplemental Provisions/Information: Additional space has been provided for additional text to an article within this form or to provide for additional articles to contain optional provisions.

Duration: Pursuant to section 3.003 of the BOC, a Texas LLC exists perpetually unless provided otherwise in the certificate of formation. If formation of an LLC with a stated period of duration is desired, use the “Supplemental Provisions/Information” section of this form to provide for a limited duration.

Organizer: Only one organizer is required for the formation of an LLC. An organizer may be any person having the capacity to contract for the person or for another; that is, a natural person 18 years of age or older, or a corporation or other legal entity. There are no residency requirements for an organizer.

Effectiveness of Filing: A certificate of formation becomes effective when filed by the secretary of state (option A). However, pursuant to sections 4.052 and 4.053 of the BOC the effectiveness of the instrument may be delayed to a specified date, or specified date and time, not more than ninety (90) days from the date the instrument is signed (option B). The effectiveness of the instrument also may be delayed on or after the occurrence of a future event or fact, including the act of any person (option C). If option C is selected, you must state the manner in which the event or fact will cause the instrument to take effect and the date of the 90th day after the date the instrument is signed. In order for the certificate to take effect under option C, the entity must, within ninety (90) days of the filing of the certificate, file a statement with the secretary of state regarding the event or fact pursuant to section 4.055 of the BOC.

On the filing of a document with a delayed effective date or condition, the computer records of the secretary of state will be changed to show the filing of the document, the date of the filing, and the future date on which the document will be effective or evidence that the effectiveness was conditioned on the occurrence of a future event or fact. In addition, at the time of such filing, the status of the entity will be shown as “in existence” on the records of the secretary of state.

Execution: The organizer must sign the certificate of formation, but it does not need to be notarized. However, before signing, please read the statements on this form carefully. The designation or appointment of a person as registered agent by an organizer is an affirmation that the person named in the certificate of formation has consented to serve in that capacity. (BOC § 5.2011)

A person commits an offense under section 4.008 of the BOC if the person signs or directs the filing of a filing instrument the person knows is materially false with the intent that the instrument be delivered to the secretary of state for filing. The offense is a Class A misdemeanor unless the person’s intent is to harm or defraud another, in which case the offense is a state jail felony.

Payment and Delivery Instructions: The filing fee for a certificate of formation for an LLC is $300. Fees may be paid by personal checks, money orders, LegalEase debit cards, or American Express, Discover, MasterCard, and Visa credit cards. Checks or money orders must be payable through a U.S. bank or financial institution and made payable to the secretary of state. Fees paid by credit card are subject to a statutorily authorized convenience fee of 2.7 percent of the total fees.

Submit the completed form in duplicate along with the filing fee if submitting the document by mail or by courier delivery. The form may be mailed to P.O. Box 13697, Austin, Texas 78711-3697 or delivered to the James Earl Rudder Office Building, 1019 Brazos, Austin, Texas 78701. On filing

Form 205

Instruction Page 3 – Do not submit with filing.

the document, the secretary of state will return the appropriate evidence of filing to the submitter together with a file- stamped copy of the document, if a duplicate copy was provided as instructed.

Need Faster Delivery and Processing? Use our SOSUpload system to electronically submit a PDF copy of the completed and executed document. When submitting a document through SOSUpload, do not include a copy of these instructions, a duplicate copy of the document, payment information, or personal identifying information (PII). Inclusion of this information may lead to a rejection of the document. For more information on SOSUpload, please call (512) 463-5555; email corpinfo@sos.texas.gov; or visit https://direct.sos.state.tx.us/lef/index.aspx

FYI: An LLC is required to maintain a registered agent and a registered office address in Texas. If the registered agent or registered office address changes, it is important to file a statement with the secretary of state to effect a change to the certificate of formation. Failure to maintain a registered agent and registered office may result in the involuntary termination of the LLC.

Revised 12/21

Form 205

Instruction Page 4 – Do not submit with filing.

Form 205

This space reserved for office use.

 

(Revised 12/21)

 

Submit in duplicate to:

 

Secretary of State

Certificate of Formation

P.O. Box 13697

Austin, TX 78711-3697

Limited Liability Company

512 463-5555

 

Filing Fee: $300

 

 

Article 1 – Entity Name and Type

The filing entity being formed is a limited liability company. The name of the entity is:

The name must contain the words “limited liability company,” “limited company,” or an abbreviation of one of these phrases.

Article 2 – Registered Agent and Registered Office

(See instructions. Select and complete either A or B and complete C.)

A. The initial registered agent is an organization (cannot be entity named above) by the name of:

OR

B. The initial registered agent is an individual resident of the state whose name is set forth below:

First Name

M.I.

Last Name

Suffix

C. The business address of the registered agent and the registered office address is:

TX

Street Address

City

State

Zip Code

Article 3—Governing Authority

(Select and complete either A or B and provide the name and address of each initial governing person.)

A. The limited liability company initially has managers. The name and address of each initial manager are set forth below.

B. The limited liability company does not initially have managers. The name and address of each initial member are set forth below.

INITIAL GOVERNING PERSON 1

NAME (Enter the name of either an individual or an organization, but not both.)

IF INDIVIDUAL

 

First Name

M.I.

Last Name

Suffix

 

OR

 

 

 

 

IF ORGANIZATION

 

 

 

 

 

 

 

 

 

Organization Name

 

 

 

ADDRESS

 

 

 

 

 

 

 

 

Street or Mailing Address

 

City

State Country Zip Code

Form 205

 

1

 

INITIAL GOVERNING PERSON 2

NAME (Enter the name of either an individual or an organization, but not both.)

IF INDIVIDUAL

 

First Name

M.I.

Last Name

Suffix

 

OR

 

 

 

 

IF ORGANIZATION

 

 

 

 

 

 

 

 

 

Organization Name

 

 

 

ADDRESS

 

 

 

 

 

 

 

 

Street or Mailing Address

 

City

State Country Zip Code

 

 

 

 

 

INITIAL GOVERNING PERSON 3

 

 

 

NAME (Enter the name of either an individual or an organization, but not both.)

IF INDIVIDUAL

 

First Name

M.I.

Last Name

Suffix

 

OR

 

 

 

 

IF ORGANIZATION

 

 

 

 

 

 

 

 

 

Organization Name

 

 

 

ADDRESS

 

 

 

 

 

 

 

 

Street or Mailing Address

 

City

State Country Zip Code

Article 4 – Purpose

The purpose for which the company is formed is for the transaction of any and all lawful purposes for which a limited liability company may be organized under the Texas Business Organizations Code.

Initial Mailing Address

(Provide the mailing address to which state franchise tax correspondence should be sent.)

Mailing Address

City

State

Zip Code Country

Supplemental Provisions/Information

Text Area: [The attached addendum, if any, is incorporated herein by reference.]

Form 205

2

Organizer

The name and address of the organizer:

Name

Street or Mailing Address

City

State Zip Code

Effectiveness of Filing (Select either A, B, or C.)

A. This document becomes effective when the document is filed by the secretary of state.

B. This document becomes effective at a later date, or a later date and time, not more than 90 days from the date of signing. The later effective date, or date and time is:

C. This document takes effect upon the occurrence of the future event or fact, other than the passage of time. The 90th day after the date of signing is:

The following event or fact will cause the document to take effect in the manner described below:

Execution

The undersigned affirms that the person designated as registered agent has consented to the appointment. The undersigned also affirms that, to the best knowledge of the undersigned, the name provided as the name of the filing entity does not falsely imply an affiliation with a governmental entity. The undersigned signs this document subject to the penalties imposed by law for the submission of a materially false or fraudulent instrument and certifies under penalty of perjury that the undersigned is authorized to execute the filing instrument.

Date:

Signature of organizer

Printed or typed name of organizer

Print

Reset

Form 205

3

How to Edit Form 205 Online for Free

This PDF editor allows you to prepare documents. You don't have to do much to enhance form 205 texas pdf documents. Basically use these particular steps.

Step 1: Hit the orange button "Get Form Here" on the following website page.

Step 2: Once you've got accessed the editing page tx form 205, you will be able to notice all the options available for the file within the upper menu.

The following parts are going to make up the PDF document:

portion of empty spaces in sos form 205

Provide the asked information in the Need Faster Delivery and, FYI An LLC is required to, and Revised segment.

Need Faster Delivery and, FYI An LLC is required to, and Revised in sos form 205

It is crucial to provide specific particulars inside the box The filing entity being formed is, The name must contain the words, Article Registered Agent and, A The initial registered agent is, B The initial registered agent is, First Name, Last Name, Suffix, C The business address of the, Street Address, City, TX State, Zip Code, and Article Governing Authority Select.

part 3 to filling out sos form 205

You have to record the rights and responsibilities of the sides within the Article Governing Authority Select, A The limited liability company, manager are set forth below, B The limited liability company, initial member are set forth below, INITIAL GOVERNING PERSON NAME, IF INDIVIDUAL, First Name OR IF ORGANIZATION, Organization Name, ADDRESS, Street or Mailing Address, Form, Last Name, Suffix, and City paragraph.

stage 4 to entering details in sos form 205

End by analyzing all these areas and filling them in as required: INITIAL GOVERNING PERSON NAME, IF INDIVIDUAL, First Name OR IF ORGANIZATION, Organization Name, ADDRESS, Last Name, Suffix, Street or Mailing Address, City, State Country Zip Code, INITIAL GOVERNING PERSON NAME, IF INDIVIDUAL, First Name OR IF ORGANIZATION, Organization Name, and ADDRESS.

sos form 205 INITIAL GOVERNING PERSON NAME, IF INDIVIDUAL, First Name OR IF ORGANIZATION, Organization Name, ADDRESS, Last Name, Suffix, Street or Mailing Address, City, State Country Zip Code, INITIAL GOVERNING PERSON NAME, IF INDIVIDUAL, First Name OR IF ORGANIZATION, Organization Name, and ADDRESS fields to fill out

Step 3: Click the button "Done". Your PDF document may be exported. It's possible to obtain it to your computer or email it.

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