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Veteran Business Resources

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Hi! You may have heard of the new benefits that remove barriers for veterans who want to form a business. Effective January 2022, the benefit waives the formation fee for new 100% veteran-owned business entities and relieves veteran-owned businesses of the Texas franchise tax for the initial 5-year period.

Will your business qualify? If you answer “Yes” to these questions, it may:

  1. Will this entity be 100% veteran-owned (can be one or more veteran owners)?
  2. Is/Are the veteran business owner(s) honorably discharged from active military duty, from any branch of the United States Military, National Guard, or Reserves?
  3. Will this entity be formed between the dates of January 1, 2022, through December 31, 2025?


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