North America Common Law
Energy, industrial and hardware operators on the Gulf Corridor, Texas (USA)
Texas remains the centre of US oil, gas and grid scale infrastructure. Permits route through state agencies that are faster and lighter than CA or NY equivalents, and the Texas Comptroller treats operating businesses with predictable rules.
Oil / gas corridorLighter permittingTexas Comptroller predictability
Start setup {placement} 4 min · no card required
Corp tax
21%
Fastest setup
5 days
Tax treaties
68
Region
North America
What you'll need
- No resident director required
- Remote-friendly, no local office
- No substance requirement
- Minimum capital: No minimum capital
- Administrative language: English
- Legal system: Common law
Tax and treaty profile
- Corporate tax 21%
- Effective rate ~21.75%
- Tax treaties 68
- VAT rate 0%
- Withholding on dividends 30%
Key treaty partners
UKCanadaGermanyFranceJapanAustralia
Banking and payments
- Banking is straightforward
- Stripe supported
- Mercury supported
- Wise supported
- Crypto banking available
- EMI license framework available
Considerations
If Series A institutional VC is the goal
Tier-1 funds still default to Delaware case law for cap table protection and acquirer comfort. A Texas C-corp can flip later, but it's friction at the worst time.
Delaware flip likelyMargin tax complexityTier-1 VC default