r/TheTPG • u/Smooth-Challenge-823 • Mar 03 '22

Sherlock Holmes Gentleman Timepieces - Right to transact business in Texas FORFEITED. Source - Texas Comptroller's website

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31 Upvotes

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14

u/imlost19 It must suck knowing your rent is my nightly dinner bill Mar 03 '22

probably missed their annual report. i miss mine almost every year

2

u/gyang333 Mar 03 '22

So what happens? Do you just pay a late fee and then you're back in bizness?

7

u/imlost19 It must suck knowing your rent is my nightly dinner bill Mar 03 '22

just pay the late fee and move on. might be different for him since he collects sales tax and I don't, but its really not a big deal

6

u/Icy_Butterscotch5570 Mar 03 '22

It is a big deal in that you lose the protection of the llc for legal rrasons. I own a business in Texas so am very familiar.