How To Register A Llc In Louisiana

Here are the steps you need to take to outset a limited liability company (LLC) in Louisiana.

A limited liability visitor (LLC for short) is a style to legally structure a business. Information technology combines the limited liability of a corporation with the flexibility and lack of formalities provided by a partnership or sole proprietorship. Any business owner who seeks to limit his or her personal liability for business organization debts and lawsuits should consider forming an LLC.

Hither are the steps yous need to have to class an LLC in Louisiana. For more than information on how to form an LLC in any state, meet Nolo's article on How to Grade an LLC.

1. Cull a Name for Your LLC

Nether Louisiana law, an LLC name must contain the words "express liability company" or the abbreviation "L.Fifty.C." or "L.C." (The name of a low-turn a profit SMLLC must comprise the words "Depression-Turn a profit Limited Liability Visitor," the abbreviation "L3C", or the abbreviation "l3c.")

Your LLC's name must be distinguishable from the names of other business entities already on file with the Louisiana Secretary of Country. Names may be checked for availability online. Y'all may reserve a proper name for up to sixty days by filing a Name Reservation class (Form #398) with the Secretarial assistant of Land. The reservation may be filed by postal service or online. If the Articles of Organization are filed online, the LLC's IRS Employer Identification Number (EIN) must be provided. It'due south wise to reserve the proper noun before obtaining the EIN to ensure the name is bachelor.

2. Appoint a Registered Agent

Every Louisiana LLC must have an agent for service of procedure in the state. This is an individual or business entity that agrees to take legal papers on the LLC'due south behalf if it is sued. A registered agent may be (i) an individual who resides in Louisiana, (two) a Louisiana individual chaser or a partnership, or (3) a domestic or foreign corporation authorized to act registered amanuensis for other organizations. The registered agent must take a physical street address in Louisiana.

3. File Articles of Organization

A Louisiana LLC is created past filing Articles of Organization Express Liability Company (Form #365) with the Louisiana Secretary of Land. The articles and initial report may be filed online. Online filing is required for LLC's located in the following parishes: Ascension, Bossier, Caddo, Calcasieu, East Baton Rouge, Jefferson, Lafayette, Livingston, Orleans, Ouachita, Rapides, St. Tammany, Tangipahoa and Terrebonne. For LLCs not located in these parishes, newspaper copies may be filed by postal mail, e-mail, or fax. If newspaper copies are filed, the organizers' signatures on the Articles of Arrangement and the registered agent's signature on the Initial Study must exist notarized.

If you file online, the articles must include:

• the type of LLC tax handling—sole proprietor, corporation, or partnership
• the LLC's name
• the LLC'southward purpose--any lawful action or another purpose
• the street accost of the LLC's office
• the LLC's mailing address, if dissimilar from street address
• the name and addresses of the LLC's registered agents
• whether the LLC is member managed or managing director-managed
• the name and street address of the LLC'southward members or managers
• an electronic signature of a member, manager, or organizer
• a description of the LLC'south business, including NAICS Code
• the federal EIN (come across item 5 below).

If yous file a paper application, the manufactures must include

• the LLC's name
• the LLC's purpose
• the LLC's duration--perpetual or limited, and
• the signature of the organizers.

The paper manufactures must be accompanied by an Initial Study (Form #973) which must include:

• the LLC's name
• the LLC's street address
• the names and street addresses of each of the LLC'south registered agents
• the names and street addresses of each of the LLC's initial managers or members
• the signature of each person who signed the Manufactures of System, and
• the signature of the LLC'south registered agent.

iv. Fix an Operating Agreement

An LLC operating agreement is not required in Louisiana, just is highly advisable. This is an internal document that establishes how your LLC will exist run. It sets out the rights and responsibilities of the members and managers, including how the LLC volition exist managed. Information technology can also help preserve your express liability by showing that your LLC is truly a separate business concern entity. In the absence of an operating agreement, state LLC law will govern how your LLC operates.

5. Obtain an EIN

If your LLC has more one member, it must obtain its own IRS Employer Identification Number (EIN), fifty-fifty if it has no employees. If you form a i-member LLC, you must obtain an EIN for it just if it will have employees or you elect to have it taxed as a corporation instead of a sole proprietorship (disregarded entity). If you file the LLC's Articles of Organization online, an EIN is required. You may obtain an EIN by completing an EIN online application on the IRS website. There is no filing fee.

6. File Annual Reports

All LLCs doing business organisation in Louisiana must file an annual report with the Secretary of Land every twelvemonth on or before the anniversary date of organizing or qualifying in Louisiana. The annual written report must be filed online with the Secretary of Land. For more than information on Louisiana LLC annual written report requirements, meet Nolo'southward article Louisiana LLC Annual Filing Requirements.

Source: https://www.nolo.com/legal-encyclopedia/louisiana-form-llc-32080.html

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