Start an LLC in Louisiana in 5 Simple Steps.
Step 3: File the Articles of Organization.
To establish a Louisiana LLC, you must first submit the Articles of Organization with the Louisiana Secretary of State, which costs $100. You may apply both online and by mail. The Articles of Organization are the legally binding documents that establish your Louisiana Limited Liability Company.
The first and most significant step in forming an LLC in Louisiana is deciding on a name. Make sure your name conforms with Louisiana naming regulations and is readily searched by prospective customers.
1. Follow the naming conventions:
2. Does the name exist in Louisiana? Do a name search on the State of Louisiana website to ensure that the name you choose isn’t already used.
3. Do you have your LLC registered online? If you are registering your LLC online, you must first reserve your name. This will be covered in Step 3.
4. Is the URL accessible? We suggest checking online to see whether your company name is accessible as a web domain. Even if you don’t intend to create a company website right away, you may wish to purchase the URL to prevent others from doing so.
You must name a Louisiana registered agent for your Louisiana LLC.
What exactly is a Registered Agent? A registered agent is a person or corporate organization that accepts vital legal papers on your behalf. Consider your registered agent to be your company’s point of contact with the state.
Who is eligible to be a Registered Agent? A Registered Agent must be a Louisiana person or a company, such as a registered agent service, that is permitted to do business in Louisiana. You may choose someone from your organization, even yourself.
You must submit the Articles of Organization with the Louisiana Secretary of State to register your Louisiana LLC. You may submit your application online, via mail, fax, or in person.
Now is a good moment to decide whether your LLC will be administered by members or by managers.
Although an operating agreement is not necessary in Louisiana, it is a good idea to have one.
What exactly is an operating agreement? An operating agreement is a legal document that outlines an LLC’s ownership and running processes.
Why are operating agreements necessary? A detailed operating agreement guarantees that all firm owners are on the same page and decreases the likelihood of future disagreement.
What exactly is an EIN? EIN is an acronym that stands for Employer Identification Number. EINs are nine-digit numbers provided by the Internal Revenue Service (IRS) to companies to assist them be identified for tax reasons. It is basically a business’s Social Security number.
An EIN is also known as a Federal Employer Identification Number (FEIN) or a Federal Tax Identification Number (FTIN) (FTIN).
Why do I need an EIN? An EIN is necessary in order to:
What if my single proprietorship already has an EIN? When transitioning a sole proprietorship to an LLC, the IRS demands a new EIN.
Where can I get an EIN? The IRS will provide you an EIN for free. Obtaining an EIN is a simple procedure that may be completed online or by mail.
