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The document required to form an LLC in Louisiana is called the Articles of Organization. The information required in the formation document varies by state.
Percentages of Ownership Members usually receive ownership percentages in proportion to their contributions of capital, but LLC members are free to divide up ownership in any way they wish. These contributions and percentage interests are an important part of your operating agreement.
How to File Your Louisiana Articles of Organization: Step 1: Submit your LLC's official name. ... Step 2: Identify your LLC's purpose. ... Step 3: State how long your LLC will last. ... Step 4: Submit your LLC's Initial Report. ... Step 5: Provide the full name and municipal address for your LLC's Registered Agent and Registered Office.
To register your business in Louisiana, you must file an Application for Authority to Transact Business in Louisianawith the Louisiana Secretary of State (SOS). You can download a copy of the application form from the SOS website.
To register a foreign corporation in Louisiana, you must file a Louisiana Application for Authority to Transact Business in Louisiana with the Louisiana Secretary of State. You can submit this document by mail, by fax, in person, or online.
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Businesses that are incorporated in another state will typically apply for a Louisiana certificate of authority. Doing so registers the business as a foreign entity and eliminates the need to incorporate a new entity. Operating without a certificate of authority may result in penalties or fines.
What is a registered agent and why do I need one? All business registrations with the Secretary of State require, by law, an agent with a physical address in Louisiana. An agent, or as it is sometimes called, registered agent, can be almost anyone of legal age and a legal resident of Louisiana.
The process of transferring an LLC to a different state is called conversion in Louisiana. Some states use the term domestication to refer to this process. Currently, LLCs organized in another state can obtain a certificate to transact business in Louisiana.
Businesses that are incorporated in another state will typically apply for a Louisiana certificate of authority. Doing so registers the business as a foreign entity and eliminates the need to incorporate a new entity. Operating without a certificate of authority may result in penalties or fines.
An LLC operating agreement is not required in Louisiana, but is highly advisable. This is an internal document that establishes how your LLC will be run. It sets out the rights and responsibilities of the members and managers, including how the LLC will be managed.