Texas is the Place – Business in the Lone Star State

Gary W. Miller

Inform-The Newsletter of Ledingham Chalmers
Summer 2007

If your business takes you to the Gulf of Mexico, and you are planning to open an office in Texas, there is more to think about than just what size cowboy hat you need or whether to choose goat skin or alligator for your boots! Most UK companies are advised to form a new business entity in either Texas or another state such as Delaware in order to ring fence their US operations. The decision where to form your entity will probably be based on several considerations including the relevant state taxes and whether you plan to conduct business in other states. While there are several different types of business entity to choose from, the most common choice is a corporation which has similarities with a UK company.

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