A common company structure in the United States, including Louisiana, is the Limited Liability Company (LLC). A popular alternative for small business owners is an LLC since it provides liability protection for its owners and has numerous tax options. There are a few conditions you must meet if you want to create an LLC in Louisiana.
First and foremost, you must select a name for your LLC that is distinct and has not been taken in Louisiana by another company. On the website of the Secretary of State, you can determine whether the name is available. According to Louisiana law, the name must contain “Limited Liability Company” or one of its acronyms, such as LLC, L.L.C., or Ltd. Co.
The Secretary of State’s office must receive your articles of organization, which is the second step. The articles must list the LLC’s name, address, registered agent’s name and address, as well as the members’ names and addresses. You can submit the articles together with the $100 filing fee either online or via mail.
The IRS must issue you an EIN (Employer Identification Number), which is the third step. An EIN is a special nine-digit number that serves as your LLC’s tax identification. On the IRS website, you can submit an online application for an EIN.
Last but not least, depending on the nature of your business, you could require a license or permit to operate your LLC in Louisiana. For instance, the Louisiana Department of Health may require a food service permit if you are beginning a home-based food business. The Louisiana Economic Development website has the requirements for your specific type of business.
Regarding the relevant inquiries, the answer is that you can submit your LLC’s Articles of Organization online via the Secretary of State’s website. On the other hand, you can download the form from the website if you’d rather mail your submission.
The Secretary of State’s office will provide you a Certificate of Good Standing attesting that your LLC complies with all legal criteria. Upon issuance, the certificate is good for 60 days.
Similar to a Certificate of Good Standing, a Certificate of Status is likewise issued by the Secretary of State’s office. However, the request to confirm the LLC’s status is typically made by a non-governmental organization, like a bank or lender. Upon issuance, the certificate is good for 90 days.
Finally, establishing an LLC in Louisiana involves meeting a number of procedures, including selecting a distinctive name, submitting Articles of Organization, obtaining an EIN, and acquiring required licenses or permits. You can create your LLC and take advantage of its advantages by following the steps listed here.