If your Texas business status shows forfeited, your company has lost its legal right to operate in Texas. Owners face personal liability and contracts may be unenforceable. Here is what forfeited status means, why it happens, and the exact steps to fix it and restore your business to good standing.
A forfeited Texas LLC or corporation is no longer authorized to operate, sign contracts, or sue in Texas. This step-by-step guide explains exactly how to reinstate a forfeited Texas business including identifying missing filings, preparing franchise tax reports, and requesting reinstatement with the Texas Comptroller.
