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Frequently Asked Questions

Are there any residency or citizenship requirements to form or own a business entity in Texas?

In Texas, there are no specific residency or citizenship requirements to form or own a business entity. Texas law does not prohibit any person from forming or owning a business, as long as the organizer is capable of entering into a contract. This means that both U.S. residents and non-residents, as well as U.S. citizens and non-citizens, can form or own a business in Texas. However, it's important to note that a business can create its own residency or citizenship requirements in its governing documents, such as the certificate of formation. Therefore, it's advisable to consult with an attorney or the IRS for more information on any potential limitations that could apply to the business you are forming. Furthermore, there are no age requirements for a business' owners, officers, or directors under Texas' Business Organizations Code. However, certain laws may create limitations, such as minors not having contract capacity or being able to own a business that has a liquor license.

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