State guides/TX
Texas Franchise Tax Report & Public Information Report: deadline, fees, and what happens if you miss it
When it's due
Due May 15 each year (next business day if it falls on a weekend or holiday).
What it costs
No filing fee. Franchise tax is owed only above the no-tax-due revenue threshold (about $2.47M), so most young startups file the report and owe $0 — but the report is still mandatory.
If you miss it
Missing the filing leads to a $50 late penalty, loss of good standing, and eventually forfeiture of the entity's right to transact business in Texas — including the right to sue on its contracts.
Worth knowing
Texas standing is readable by StandingChecker, and Texas is unusual: the franchise report goes to the Comptroller, not the Secretary of State.
Run a free check against the official state registry — takes seconds.
Check my standing — freeVerify details and file directly with the state: comptroller.texas.gov