Texas has surpassed 3 million registered businesses, a new record for the state, according to an announcement by Governor Greg Abbott and Secretary of State Jane Nelson. The milestone highlights ongoing growth in the Texas economy.
“Texas now has more than 3 million registered businesses, more than double from when I took office,” said Governor Abbott. “This milestone shows the true strength of the Texas economy. Texas is the land of freedom and opportunity where businesses and workers can chart their own path to succeed and thrive. With no corporate or personal income tax, a highly skilled and diverse workforce, and the best business climate in the nation, Texas attracts innovators and entrepreneurs from across the country and around the world.”
Secretary Nelson added: “This is a proud moment, and I congratulate all the entrepreneurs who are choosing to do business here in Texas. Reaching the 3 million active entities mark demonstrates the strong confidence the business community has in our state, and there are no signs of this trend slowing down. My office remains committed to delivering efficient, reliable service to support business formations and operations in Texas.”
The state’s total number of registered entities includes both companies formed within Texas as well as out-of-state organizations operating locally. In-state limited liability companies (LLCs) make up the largest portion of these entities.
Over a ten-year period since 2015, when just over 1.4 million entities were registered in Texas, that figure has more than doubled.
To meet growing demand from businesses, the Office of the Secretary of State is continuing efforts to modernize its services. In September, it launched Texas Express—a platform offering expedited same-day and next-day processing for many business-related services.
