![]() ![]() Veterans must own 100% of the LLC (no non-veteran Members allowed).In order to form your LLC for free and be exempt for franchise tax for 5 years: This means that LLCs are still free for veterans (who meet the requirements below) for LLCs formed between and. People were not sure if the free Veteran LLC was going to continue after 2021, but luckily the Texas legislature decided to keep the program alive. ![]() This bill applied to Texas companies formed between through. The initial bill that made Texas LLCs free for veterans was Senate Bill 1049. Senate Bill 1049 replaced by Senate Bill 938 And then follow the instructions on this page to form your free Texas LLC. Read more to learn about the rules for this fee waiver program. Veterans don’t have to pay franchise tax for 5 years.Veterans don’t have to pay the $300 LLC filing fee.(Click her to learn about Franchise Tax Information) Texas LLCs are free for veterans, until December 2025.Īnd after your LLC is formed, you are exempt from paying Texas franchise tax for 5 years. ![]() We want to take a moment to thank you for your service! ![]()
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