Q: Is it possible to set up a subsidiary of an S Corp in Texas?
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A: Yes, it is possible to set up a subsidiary of an S Corporation (S Corp) in Texas. Creating a subsidiary involves establishing a new business entity that is controlled or owned, wholly or partially, by the parent company (S Corp, in this case). The subsidiary can take various legal forms, such as a separate corporation, limited liability company (LLC), or other structures, depending on the parent company's preferences and business needs. When establishing a subsidiary, it is essential to comply with Texas state laws and regulations governing the formation of businesses. This may include registering the subsidiary with the Texas Secretary of State, obtaining necessary licenses, and adhering to any specific requirements for the chosen business structure.
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