For the past few years, Texas has been the number one state for relocations from other states. If you’re considering moving your business to Texas or are already planning on it, here are some things you may want to consider.
- Texas taxes are more manageable.
Your employees will not have to pay income tax in Texas, which will help in recruiting and retaining talent, and there are several tax incentives for businesses in Texas.
- Your new space may be more affordable.
Even though property values have increased over the last few years, you may still find commercial space in Texas much less expensive than other states. So many companies have moved to Texas for just that reason, as compared to the rest of the country.
- Texas is BIG! REALLY BIG!
Texas is second only to Alaska in size, and you can drive all day and never leave the state! Most new residents, however, tend to settle in certain metro areas such as Dallas, Austin, San Antonio, or Houston. You can find affordable real estate in the outskirts of these areas and still enjoy the conveniences and culture of the big city. The populations in these areas can provide the customers you need to make your business flourish.
- Business regulations
If your business is a separate legal entity, you will need to register it with the Texas Secretary of State’s Office in order to transact business in Texas. If you are a sole proprietor or a partnership using a business name other than your own, you will need to register your business name with your county clerk’s office.
- Business Tax Responsibilities
You will need to determine the potential tax responsibilities that your business will have once registered in Texas. State tax filings are done through the Texas Comptroller of Public Accounts (CPA). If your business trades online, this online Marketplace Seller tax information is useful. For questions about local business and property taxes, consult your county’s appraisal district or tax assessor-collector.
- Business Licenses and Permits by Business Type
A general business license is not required in Texas. However, it is important to determine necessary licenses, permits, certifications, registrations or authorizations for a specific business activity, at the federal, state and local level. Our 2022 Texas Business Licenses & Permits Guide offers a comprehensive a listing of state permits and licenses required for business enterprises in the state.
For over 17 years, Condor Moving Systems has provided our customers with quality moving services at the best possible rates. Our highly trained moving teams take great care to protect your company’s assets. We will work with your unique needs to create a customized moving plan for your situation.
If you’re planning a move soon, contact us at 877-460-6683 or at condormovingsystems.com.