LLC Formation in Prosper, TX
Prosper has grown more than 81% in population over recent years, ranking as the third fastest-growing wealthy suburb in America. That growth has brought a wave of new businesses: real estate ventures launched by local developers, consulting practices started by corporate executives, and service companies built to support a community where the median household income exceeds $187,000. If you are starting a business in Prosper, forming a Texas LLC is one of the smartest first steps you can take to protect your personal assets and establish credibility.
Our Services
Our LLC Formation Services for Prosper Clients
When you work with AG Freideman on your Prosper LLC formation, here is exactly what you receive:
- Certificate of Formation preparation and filing with the Texas Secretary of State, including name availability verification and all required documentation
- EIN (Employer Identification Number) application filed with the IRS so you can open a business bank account, hire employees, and file taxes under your new entity
- Operating agreement guidance tailored to your ownership structure, whether you are a single-member LLC or forming a multi-member entity with partners
- Tax election strategy covering whether your Prosper LLC should be taxed as a disregarded entity, partnership, or S-Corp based on your projected revenue and personal tax situation
- Texas registered agent services at $149 per year, included free when you engage us for tax preparation or bookkeeping
- First-year compliance roadmap covering your Texas Franchise Tax filing (due May 15 annually), Public Information Report, and any applicable sales tax registration
Our LLC formation fee is $350 plus the $300 state filing fee paid to the Texas Secretary of State. No hidden charges, no surprise invoices. That is the transparent pricing Prosper business owners deserve.
Why Prosper Businesses and Residents Choose AG Freideman
Personal attention from a licensed CPA. Many Prosper residents are corporate executives and high-income professionals accustomed to working with experienced advisors. Al Freideman handles every client personally. You will never be passed off to junior staff or an unlicensed preparer. When your LLC documents are filed, Al reviewed them.
Virtual appointments that fit your schedule. Our office is on Preston Road in North Dallas, about 25 minutes south of Prosper. But most of our Prosper clients work with us entirely by phone and video. You do not need to drive anywhere to form your LLC or get tax advice.
30+ years of experience across industries. Whether you are launching a real estate investment company, a professional consulting practice, or a home services business to serve Prosper’s booming residential construction market, Al has helped business owners in your situation hundreds of times. He knows which tax elections save you money and which compliance deadlines you cannot afford to miss.
52 five-star Google reviews with zero negatives. Every single client review is five stars. Prosper business owners trust AG Freideman because we deliver results, not excuses. That track record speaks for itself.
LLC Formation Questions from Prosper Clients
How much does it cost to form an LLC in Texas?
The Texas Secretary of State charges a $300 filing fee for the Certificate of Formation. Our professional fee for handling the full formation process, including EIN application and operating agreement guidance, is $350. Your total cost is $650, with no hidden fees. Many Prosper clients also add registered agent services at $149 per year, which is included free with any ongoing tax or bookkeeping engagement.
How long does Texas LLC formation take?
The Texas Secretary of State typically processes LLC filings within two to three business days for online submissions. We prepare your documents, verify name availability, and file on your behalf. Most Prosper clients have their approved Certificate of Formation and EIN within one to two weeks of our initial consultation.
Do I need a registered agent for my Prosper LLC?
Yes. Texas law requires every LLC to maintain a registered agent with a physical address in Texas. The registered agent receives legal and state correspondence on behalf of your business. AG Freideman provides registered agent services for $149 per year, and this fee is waived entirely when you engage us for tax preparation or monthly bookkeeping.
LLC vs S-Corp: which is right for my Prosper business?
This depends on your expected income. Many Prosper business owners earn well above the threshold where an S-Corp election can reduce self-employment taxes. If your LLC’s net income will exceed roughly $50,000 to $60,000 annually, electing S-Corp status may save you thousands in payroll taxes each year. Al evaluates your specific revenue projections and advises you on the right structure during your consultation.
Does my Prosper LLC need to file a Texas Franchise Tax return?
Most Texas LLCs must file a Franchise Tax Report and Public Information Report by May 15 each year. LLCs with total revenue below the no-tax-due threshold (currently $2.47 million) still need to file the report even though they owe nothing. We handle your annual Franchise Tax filing for $250 to $500 depending on complexity, so you never miss a deadline.
Can I form my LLC now and choose my tax election later?
Yes. Your LLC defaults to being taxed as a disregarded entity (single member) or partnership (multiple members) at the federal level. You can elect S-Corp status later by filing IRS Form 2553, typically by March 15 of the tax year you want the election to take effect. We help Prosper clients time this election strategically based on their first year of revenue.
Get Started from Anywhere in Prosper
You do not need to leave Prosper to form your LLC the right way. Our process is virtual from the first consultation through final filing. We gather your information by phone or video, prepare all documents, file with the Texas Secretary of State, and walk you through your tax elections and compliance obligations. The entire process starts with a free, no-obligation consultation where Al reviews your situation and recommends the best structure for your business. Call (972) 893-3481 or visit agfreideman.com/meeting/ to schedule your appointment today.
Visit Our Office
Address: 17304 Preston Rd Ste 861, Dallas, TX 75252
Phone: (972) 893-3481
We also offer virtual appointments for clients throughout the DFW metroplex who prefer to meet remotely.
Book a Meeting"I had worked with the same accountant for more than 10 years, so finding a new one was a significant decision. While my previous accountant did a great job, they were located out of state, and I wanted someone local…"
Ready to Get Started?
Book your free consultation with Al Freideman, CPA. 30+ years experience serving Dallas-Fort Worth.