Sole proprietorship in Texas

A sole proprietorship is simply a single individual engaged in business activity.  The “sole proprietorship” is the most basic type of business in Texas. It is a one-person show. There is not a statute that governs sole proprietorships, so no filing required.

If a sole-proprietor is conducting business under a name not his or her own, then the proprietor should file a DBA (shorthand for “doing business as”)  in the county where the business is located or in all counties where business is conducted if there is no business premise.

There is no limit on the management of this business. But there is also no limit on the liability of the owner. All business income is personal income for tax purposes. And the proprietor’s income is subject to self-employment tax. When the individual proprietor dies, so does the company.


Waco Business Attorney

If you need to talk to a Waco business lawyer about your sole proprietorship, please call Dunnam & Dunnam at 254-753-6437.


Andrea Mehta Waco Lawyer at Dunnam & Dunnam

Andrea Michelle Mehta

Andrea's practice focuses primarily in Appellate Law, Civil Trial Law, Family Law, Immigration Law, and General Law.

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Brittany Cleere

Brittany is a member of the McLennan County Bar Association, and McLennan County Young Lawyers Association.

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Eleeza Johnson Attorney at Law Dunnam & Dunam

Eleeza Johnson

Eleeza's practice areas include: Personal Injury Law, Civil Trial Law, Commercial Law, Family Law and Pharmaceutical Law.

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Gerald R. Villarrial

Gerald R. Villarrial has practiced family law, criminal law and civil litigation for over 20 years.

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Grace Strange

Grace Strange

Grace Strange is a US Army veteran who puts her determination and passion to work for clients.

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Jim Dunnam Waco Attorney at Dunnam & Dunnam

Jim Dunnam

Jim Dunnam is a Board Certified Specialist in both Civil Trial Law and Family Law.

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Mason Dunnam

Mason Dunnam is the fourth generation of Dunnam attorneys at the firm since 1925

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Merrilee Harmon Waco Lawyer at Dunnam & Dunnam

Merrilee L. Harmon

Merrilee L. Harmon is a Family Law specialist, Board Certified by the Texas Board of Legal Specialization since 1985.

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Thomas West Waco Lawyer at Dunnam & Dunnam

Thomas C. West

Thomas C. West is a Criminal Law specialist, Board Certified by the Texas Board of Legal Specialization. 

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