How To Create An LLC In Louisiana [2023]

7 MIN READ
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Are you ready to start a new business in Louisiana but don’t know where to start? Don’t worry; it’s easy! I will give you a step-by-step guide to registering an LLC in Louisiana, which will include:
- Preparing the proper forms
- Correctly naming your LLC
- Registering your LLC
- And other crucial details involved in the whole process
Make sure to stick with me until the end as I will give you access to my FREE Business Startup Success Checklist. Part of this complete guide will reveal my trustworthy registered agent who will help set up your LLC for FREE and save you time and money.
Step 1: Name your LLC
Your LLC name has to be unique, not just for legal reasons. Your business name will reflect your brand. It either has to be catchy or easy to remember.
To ensure that there are no existing businesses with the same name, you can search on the Louisiana Business Filings page on the Secretary of State’s website.
This page contains all the businesses registered in the state of Louisiana. Type in the business name you want to use. If there are “no matches found,” that means you are free to use and register it. If it shows a list of duplicates, you have to use a better name variation or think of another one that no one else is using.
Next (and this is important), go to https://www.namecheckr.com/. This tool will help you check if your business name has a domain name available and other social media pages and platforms. You don’t want to register an LLC name that someone is already using online. That will limit your marketing and online sales opportunities. You’d think naming a company would be easy, but you really have to put more thought into it!
Important tip:
Come up with an LLC name that will present well online and be relevant enough to use as online tags and domain names. This is important, so online users can find you when they search online for products or services they need. Online users have many choices and get bored quickly, so make sure your LLC name can get their attention. No matter how good your products are, you will have a hard time selling if people don’t click on your page. Imagine this; if online users are to choose between these two coffee shops – The Coffee Shop or the Groovy Brew Shop, people are more likely to click on the Groovy Brew Shop and buy from them. Your business name matters!
Before I go off-topic, Louisiana laws also require adding LLC, L.L.C., or Limited Liability Company to your registered business name. You can’t use terms like “corporation,” “corp,” “inc,” or anything else that could mislead people about your business type. Any word or phrase that can confuse your LLC with a government agency is also strictly prohibited.
Using words like “bank” or “attorney” on your business name would require more paperwork. Adding these words would also require you to have a licensed professional as part of your LLC.
You also need to reserve the name with the Secretary of State. This will ensure that no other company can use your LLC name for 120 days. It only costs $25 to fill out the Louisiana LLC Name Reservation Request Form. Download it using the link in the description box. You can thank me by liking and subscribing to this channel!
Step 2: Choose a registered agent
The state of Louisiana requires all LLCs to choose a registered agent who will be the point of contact to receive important business documents like tax warnings, subpoenas, and other official papers.
While it is okay to appoint yourself or trusted friends and family members, I recommend a professional registered agent that has the knowledge and experience needed to manage potential issues and protect your business at all costs. This will get some responsibilities off your hands and allow you to focus on running a successful business.
The registered agent must be available during business hours and have a physical address to receive official mail. A P.O. box will not suffice. A registered agent’s address is shown on public records, so you don’t want to use your home address. I recommend you use a professional service like anytimemailbox.com for this purpose. Their services include physical addresses you can use, scanning your mail, and forwarding them to your home or business address for a small fee. Why bother with the small details when you can have a professional service like Anytime Mailbox to do the work for you? I have a special link in the description box below for you.
Hiring a registered agent is not expensive if you are worried about the cost. You can get a registered agent for free if you pay for a service to register the LLC.
I highly recommend ZenBusiness. Their service can help you register your LLC and provide a registered agent as part of the package at no extra cost. They also provide a dashboard where you can keep close track of all documents and correspondence that the agent receives. Believe me; their easy-to-use tools will save you plenty of time and hassle. Feel free to check out my special link on ZenBusiness if you are interested in signing up for their service.
Step 3: File the Louisiana LLC Articles of Organization
One of the most crucial steps in this process is filing the Louisiana LLC Articles of Organization. You can do this through the Business Services Division under the Secretary of State.
It usually costs $105 if you’re a domestic LLC and $155 if you’re a foreign LLC.
What’s the difference?
A domestic LLC means that you’re a Louisiana resident who wants to build a business in Louisiana, while a foreign LLC means that you live outside Louisiana but would like to build a business or start a franchise of an existing business in Louisiana.
You can submit your form along with the name reservation form through mail or submit them online. This part of the process can take 2 to 3 weeks if you file by mail and 2 to 4 business days if you file online. You can pay an expedited service for only $30 to have your application processed within 24 hours. Walk-in applicants can pay an extra $50 to get their applications processed while waiting.
Step 4: Prepare an operating agreement
The state of Louisiana does not require LLCs to have an operating agreement, but it is a good business practice to have one. Having a document that will guide all company members, especially co-owners, directors, managers, and even new hires, is always better.
An operating agreement outlines every critical process that needs to be followed, especially regarding “big picture” issues. These issues may include but are not limited to:
- Allocation of earnings and losses in case the company is dissolved
- Decision-making process and voting rights
- Transfer of membership interest, profits, and losses
- And any other concern that impacts the business overall
This is why using ZenBusiness to set up your LLC is great. They will help you with these 3 previous steps for FREE. And if you decide to use ZenBusiness to set up your LLC, they can also help you with the operating agreement document for only $125. This will save you a lot of time and will ensure that you have all the correct documents ready for the registration process. Writing an operating agreement is not easy. I believe it’s better to let the experts do it for you!
Step 5: Obtain an EIN
Next, you need to get an EIN for your LLC. An EIN or Employer Identification Number is a federal tax ID issued by the IRS to your company. Your EIN is used by the IRS to readily identify your firm on tax filings. All Louisiana firms pay a Business Privilege Tax, and the state requires you to have an EIN to file. You may also be required to provide your EIN when opening a bank account or applying for permits or licenses.
Obtaining an EIN is a slightly longer process compared to the previous steps. I’m sure you know, anything to do with the IRS is confusing and tedious. You need to have complete knowledge of your LLC all the way down to small critical information regarding vehicular assets and federal excise taxes. This is another reason why working with Zenbusiness is beneficial for you and your business. For an additional fee of only $99 they will take care of this step for you so you can focus on important matters like planning and running the actual business.
You can click on this link in the description below to get access to Zenbusiness’s one-of-a-kind offer – a FREE Starter Package with services such as preparing and filing your articles of organization. You still have to pay the filing fee of $100 or $150 which you would have to do anyway if you chose the DIY option. But looking at the bigger picture, all other companies will still charge for their service fee on top of state filing fees but Zenbusiness does not collect this fee.
I do recommend ZenBusiness’ $199 Pro Package to everyone if you have the money as it will save you a lot of hassle and time. The Pro Package includes faster filing, operating agreement and worry-free compliance where they will help submit your annual reports.
For an even faster 1-2 day processing time with all the bells and whistles, you can go up to their $299 Premium plan which also provides you with a domain name, a website, and a business email. This would be perfect for a business that want to have that online presence.
Summary
There are still a few more essential steps to complete your business setup. However, it may drag this article out too long, so I have condensed everything into an actionable step-by-step Business Startup Success checklist that you can grab from here for FREE.
Now, if you have decided to get started with ZenBusiness, then I recommend you read this next article. However, if you are happy to do it all yourself, this article is the next one you need to watch.
And I’ll see you in the next article!
Holly Johnson writes expert content on personal finance, credit cards, loyalty and insurance topics. In addition to writing for Bankrate and CreditCards.com, Johnson does ongoing work for clients that include CNN, Forbes Advisor, LendingTree, Time Magazine and more.