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2026

How to Form an LLC in Texas (2026 Guide)

KEY TAKEAWAY

A 2026 step-by-step guide to forming an LLC in Texas — franchise tax, and the Public Information Report. Texas is one of the friendlier states to form an LLC in — no state income tax, no annual report per se, and a franchise tax that most small LLCs owe nothing on.

Form an LLC in Texas and the May 15 Report Deadline 2026 GUIDE

Updated: August 2026 · Industry Advisors · Filed 2006.

Texas is one of the friendlier states to form an LLC in — no state income tax, no annual report per se, and a franchise tax that most small LLCs owe nothing on. The formation itself is straightforward. What catches founders is the recurring Public Information Report and the May 15 franchise-tax deadline that runs regardless of whether tax is owed.

Step 1 · the Formation Timeline

Day 0Name search Day 1Form 205 Day 3–5Approval Week 1–2EIN + Ops Ag. Year 2May 15 PIR Live
Fig. 1 — Texas LLC formation and first PIR cycle.
  • Filing agencyTexas Secretary of State
  • Form — 205 (Certificate of Formation)
  • Filing fee$300 est.
  • Processing — 2–3 business days online
  • Registered agent — individual TX resident or authorized entity
  • State income tax — none
  • Franchise tax — No Tax Due Report if revenue < $2.47M (2026 threshold), else tiered

Step 2 · the Franchise Tax + PIR Mechanics

Revenue > $2.47M? NoYes File No Tax Due ReportForm 05-163 · $0 tax+ PIR (Form 05-102) Compute margin0.375% retail/wholesale0.75% other May 15 deadline — every year, both paths
Fig. 2 — The TX franchise-tax decision path.

Every Texas LLC files with the Comptroller each year, even at zero revenue — that's the piece founders miss when they hear "no annual report." The PIR (Form 05-102) is due regardless of revenue. Miss May 15 and the LLC's Certificate of Formation can be forfeited.

Step 3 · the Margin Math (If You Cross the Threshold)

TX Franchise Tax: Margin Calculation Total Revenue − greater of: COGS Compensation 30% deduction = Margin Margin × 0.375% or 0.75%
Fig. 3 — The Texas margin-tax formula.

Step 4 · Recurring Calendar

Recurring TX LLC compliance May 15Franchise Tax Report+ PIR (both due) OngoingSales & Use Taxmonthly / quarterly LocalCity business license(varies)
Fig. 4 — Texas LLC recurring compliance obligations.

Quick Tool · Texas LLC Year-One Cost Estimator

Estimate Your TX Year-One Setup Cost

Expand each row that applies.

Certificate of Formation (Form 205)

$300 est. filed with the Texas SoS. Higher than most states, but no recurring annual-report fee.

Registered agent (if paid)

$100–$300/yr est. — skip if a TX-resident member serves.

Franchise Tax + Public Information Report (year 2 due May 15)

$0 franchise tax if revenue < $2.47M. The PIR is required regardless of tax owed. Late-filing consequences include forfeiture of Certificate of Formation.

Franchise Tax (if revenue exceeds threshold)

Retail/wholesale: 0.375% of margin. Other: 0.75% of margin. Margin computation is favorable — talk to a TX CPA at the threshold.

Sales & Use Tax Permit (free but required for taxable sales)

No fee. Free registration through the Comptroller. See sales-tax nexus post for the nexus rules.

Local business license (city-dependent)

$25–$500/yr est. if your city or municipality requires one. Texas has no state general business license.

Typical first-year total for a small TX LLC: $425–$1,100 est.

Quick Check

Q1. Your Texas LLC had zero revenue year 1. Do you file anything with the Comptroller?

Answer: Yes. The Public Information Report (Form 05-102) is required regardless of revenue. File a No Tax Due Report (Form 05-163) alongside it.

Q2. Your TX LLC nets $3M in revenue in the retail sector. What franchise tax do you owe (roughly)?

Answer: Compute margin (typically ~70% of revenue for retail using the 30% deduction), then apply 0.375%. On $3M revenue, margin ~$2.1M, tax ~$7,875. Talk to a TX CPA about the margin election.

Q3. What happens if you miss the May 15 franchise-tax deadline?

Answer: The Comptroller can forfeit your Certificate of Formation. Reinstatement requires paying delinquent taxes, filing missed reports, tax clearance, and a reinstatement fee.

Where This Connects

Core LLC stack: registered agent, EIN, Operating Agreement. Recovery paths for lost certificates in the reinstatement post. Nexus and sales-tax details in the nexus post. Fits with the annual compliance cadence in the Q4 checklist.

Sources and Further Reading


The Everyday Owner's Blueprint maps the May 15 PIR + franchise-tax cadence onto the 12-week formation walk-through.

Industry Advisors · 30 Wall Street, New York, NY 10005. Education, not legal or tax advice. Texas rules and franchise-tax thresholds change; confirm current requirements at sos.state.tx.us and comptroller.texas.gov before you file.

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