Should you form your LLC in Louisiana? We've collected the relevant information that will help you make this decision.
- Taxed as a partnership
- Low cost of doing business
- Owner disclosure in periodic report
Cost of doing business
- $100 filing fee / $35 annual tax statement
- Owners disclosed in periodic report
Forming an LLC in Louisiana
In order to communicate to the public that your new business is an LLC, its official name will need to end with one of the following signifiers (or abbreviation of): “Limited liability company”, “Limited Company”, “LC”, “L.C.”, “LLC”, or “L.L.C.” In addition, it is required that the name of your business is not intentionally misleading to consumers, for any reason. Your company’s new name must also be completely unique, and not deceptively similar to any other organizations name or trademarks. There are also restrictions on the use of the words “state” and “security”, and several terms common to the financial industry. Do a FREE name search now.
The owners of an LLC are called “members.” The following information must be required regarding your LLCs members:
- Required number of members
Louisiana LLCs must have at least one member or manager listed in their incorporation documents.
- Age restrictions
LLC members in Louisiana may be of any age.
- Residence restrictions
LLC members in Louisiana must have a physical address, which cannot be a PO box.
- What information needs to be included in the Articles of Organization?
Outside of the principal member, LLC Members in Louisiana are not required to list their name or addresses in their Articles of Organization. However, they must be listed in the company’s initial report.
Requirements for the Articles of Organization
The Articles of Organization is a document that must be filed during the LLC formation process in every state. Here is the information that must be included in this document when filing in Louisiana:
Registered agent information
All Louisiana LLCs must have a registered agent on file, and submit their name and address (which cannot be a PO box). This agent will be required to be accessible during standard business hours, and act as the state’s point of contact with the company. Learn more about registered agents.
Additional Louisiana filing requirements
Many states have steps in the LLC formation process that are unique to that state. These can also vary at the municipality or county level as well. Here are the steps required throughout all of Louisiana:
Initial report deadlines
New LLCs in Louisiana are required to file an initial report at the same time they incorporate.
If your business is a professional practice
Professional service companies are only permitted to form under the professional limited liability company (PLLC) structure if they are dental practices.
Louisiana LLC taxation and fee requirements
There are several tax and fee requirements that must be addressed by LLCs in Louisiana. They are as follows:
All states have complex taxation requirements. For more information regarding taxes in Louisiana, it is advised that you visit the state’s official business related website.
Annual report requirements
While LLCs in Louisiana are not required to file an annual report; they are required to file a document called an Annual Tax Statement by June 1st each year. The cost of this filing is currently $250. Learn more about annual reports.
Tax identification numbers
Louisiana requires an EIN (employee identification number) for all LLCs that will have employees, and most banks will require one to open accounts. Louisiana does not require LLCs to obtain state tax ID numbers. Learn more about EINs.
Business license requirements
The business licenses and permits required in Louisiana vary wildly depending on the county or municipality in which your new LLC is located. If you would like to see more in-depth information on licenses and permits, please feel free to visit the content in our learning library that covers business licenses and permits.
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