Expanding Your Current Business
TexAmericas Center spoke with experts and entrepreneurs to help you get it right the first time. We advise you have a solid team in place to aid in your planning and deliberations. A professional tax consultant, accountant, and/or attorney should always be consulted before filing documents with the State of Texas. Please remember…
Expanding is the goal of any successful business; helping you to expand for long term benefit to your company and our community is the goal of TexAmericas Center.
First time investment in Texas
So, you’re ready to expand your business to the great State of Texas. And why not, Texas consistently is ranked one of the top states in which to do business by many indexes. Before you do, make sure you’re properly registered with our secretary of state, and understand the rules and tax requirements, even though there aren’t many, of doing business within the borders of the state of Texas. Operating in a new state often comes with income, property, employment, sales and other state tax consequences.
While you don’t have to incorporate again, you will likely have to declare your basic legal structure and properly record or register the business name. This step is important since financial and legal implications vary depending on your legal structure. These range from responsibilities for annual franchise tax fees, to the extent of personal liability for business dealings, to your ability to access types of business assistance.
Relocating your corporate headquarters to Texas brings with it certain business and professional advantages. A professional tax consultant, accountant, and/or attorney should always be consulted before relocating your corporate headquarters to the State of Texas. One advisor stated, “Just remember, what your company does internally with its investors is governed by where you incorporate. And what it does externally with its customers is governed by where you operate.”
Once you are determined to start an operation in Texas, TexAmericas Center and its Regional Economic Development (RED) Team Partners offer wide array of services designed to make it easy for you to evaluate and make a “GO” or “NO-GO” decision on the Texarkana market, specifically TexAmericas Center. Contact our team to arrange for a free and confidential consultation over the phone or in-person. Let us prove to you that TexAmericas Center is the real estate solutions partner you have been looking for.
Expanding an existing Texas Business to TexAmericas Center
So, you’ve made it where you are and are now thinking about expanding. You are thinking, “If I can make it here, I can make it anywhere.” Maybe or maybe not, you don’t have to re-register, alter your business structure or learn new state regulations; that is very much a positive. But you will be faced with determining if what worked at your current location works here? That is what TexAmericas Center and its Regional Economic Development (RED) Team Partners are here to help you with. We offer a wide array of services designed to make it easy for you to evaluate and make a “GO” or “NO-GO” decision. Contact our team to arrange for a free and confidential consultation over the phone or in-person. Let us prove to you that TexAmericas Center is the real estate solutions partner you have been looking for.