If you already have an LLC in another state and want an LLC in Louisiana, then starting an LLC would be somewhat different. You must register as a foreign LLC. We have here a guide on how you can qualify and register for a foreign LLC in Louisiana.
On this page, you’ll learn about the following:
- Forming an Louisiana Foreign LLC
- Steps to Filing Louisiana Foreign LLC Online
- After Forming Louisiana Foreign LLC
Forming an Louisiana Foreign LLC
A foreign LLC does not need to be a company from another country but a business formed under the laws of another state. To start a foreign LLC in Louisiana, you need to register it with the Louisiana Secretary of State.
Step 1: Choose Louisiana Foreign LLC Name
Obtain a name reservation certificate and submit it with your foreign qualification requirements at the Louisiana Secretary of State. Your LLC’s legal name outside of Louisiana will be listed on the application, along with the name it will use in Louisiana. Take note of the requirements for naming your LLC.
Step 2: Select Louisiana Foreign LLC Registered Agent
You’ll need a registered agent to form a foreign LLC in Louisiana and take note that a Louisiana registered agent must have a local address. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries:
Step 3: File Registration of Louisiana Foreign LLC
Fill out and submit a Foreign LLC Application Registration form by mail to P.O. Box 94125, Baton Rouge, LA * 70804-9125.
Include the following:
- LLC’s full legal name.
- A fictitious name or a DBA (only if your LLC’s legal name is not available); Attach a statement of adoption of the fictitious name signed by all LLC members.
- LLC’s principal office and mailing addresses.
- LLC formation state and date.
- Registered agent’s name and address in Louisiana
- Date when your LLC will start operations in Louisiana.
- Credit card information on the last page of the form for the $150 application fee.
The LLC cost in Louisiana, even for foreign LLCs will differ between online filing and by mail.
Step 4: Determine How Your Louisiana Foreign LLC is taxed
Foreign LLCs are also subjected to the Louisiana Business Privilege Tax, and they must file LLC annual reports each year.
Note that forming a foreign LLC would be good for your business as you can legally operate in a different state thus reaching a larger market and opening more opportunities for higher profit.
Steps to Filing Louisiana Foreign LLC Online
Time needed: 5 minutes
When you are registering for the foreign LLC in the State of Louisiana, you will have to submit your Application for Registration of foreign LLC with the Secretary of State which costs $50. After approval, you will receive a Verification Certificate from the State Office. The State offers offline as well as online filing options. We have explained the aspects you need to cover when you apply for Michigan Foreign LLC.
- Visit the official website of the Secretary of State of Louisiana
You must visit the website of the Secretary of State of Louisiana. The website will assist you to form an LLC in the State and in an easy manner through online mode. The Louisiana geauxBIZ portal is available on the Secretary of State website. Click on the ‘Sign in or Create Account.
- Log in to your Account
On the next page, a login page will appear. If you already have an account with the Secretary of State office, enter your login credentials such as user email and password and click “Login”. If you do not have an account, click on the “Create an Account” option available on the left side of the login box.
- Enter your information
On the next page, enter your details, such as Email and password to create your account. Clear the captcha and check the box agreeing to the terms and conditions. Next, click on the ‘Create Account’ tab.
- Follow the instructions
After you created your account on the website, continue to log in with your username and password. Proceed to file for the Certificate of Organization of your business LLC as directed on your User Account page. Fill in all the required information.
- Review the information
Before proceeding to submit your application, review the information to be accurate and correct to your knowledge to avoid any future rejections.
- Make the payment
After you complete all the details and thoroughly review your application, proceed to make the payment for the filing fee of your LLC Application.
You can also submit the application offline via mail. Download the Application Form PDF. Fill in the required details. Make the check or money order of $150 payable in the name of the State of Louisiana. Attach all the documents and submit them to the following address: State of Louisiana, Secretary of State, P. O. Box 94125, Baton Rouge, LA * 70804-9125.
After Forming Louisiana Foreign LLC
Here are added things you need to accomplish after forming your Louisiana Foreign LLC
- Obtain Business Licenses. Find the business licenses you’ll need using the Business License Search.
- File LLC annual reports and Business Privilege Tax.
- Pay State Taxes like sales tax; you’ll need an EIN for your LLC.
It is convenient plus easy to file for the foreign LLC if you are doing it online. The steps are very easy and that’s why it’s possible to go along with the steps and form the foreign LLC in Louisiana.
How Much Does It Cost to Register a Foreign LLC in Louisiana
To register as a foreign LLC in Louisiana, you can file through mail or in-person by paying $150 payable to the Louisiana Secretary of State.
Starting a business can be a costly endeavor, and registration fees are a prime factor when determining the financial feasibility of expanding into a new jurisdiction. While the exact cost of registering a foreign LLC in Louisiana varies on a case-by-case basis, understanding the potential expenses can give business owners a better idea of what to expect.
One of the factors that affect the cost of registering a foreign LLC in Louisiana is the filing fee. Business owners must submit several documents to the Louisiana Secretary of State’s office, including an Application for Authority to Transact Business. This document outlines pertinent information about the company, such as its name, duration, purpose, and management structure. There is typically a fee associated with submitting this application, which can range from a few hundred dollars to several thousand depending on the complexity of the business structure.
Another factor to consider is the potential need for legal assistance during the registration process. Navigating the intricacies of business registration requirements, compliance obligations, and tax regulations can be overwhelming for foreign companies unfamiliar with the Louisiana legal landscape. Engaging legal counsel experienced in international business transactions can help simplify the process, ensure compliance, and protect the company’s interests. Nevertheless, these legal services come at a cost that could significantly impact the overall expenses of registering a foreign LLC in Louisiana.
Additionally, it’s essential to consider ongoing compliance costs once the company is registered. Foreign LLCs conducting business in Louisiana are required to submit an annual report and pay franchise taxes. The annual report, which includes updated information about the business, carries a filing fee that varies depending on the size of the company. Similarly, franchise taxes are levied based on the net worth or capital value of the business, which can also fluctuate widely depending on the circumstances.
It is crucial for business owners to meticulously research and budget these ongoing costs to avoid any unpleasant surprises down the line. Failure to comply with reporting requirements or missed tax payments can result in hefty fines and further legal complications, negatively impacting the company’s reputation and bottom line.
While the cost of registering a foreign LLC in Louisiana is an important consideration, it should be seen as an investment rather than an expense. Establishing a presence in Louisiana opens doors to new markets, allows access to a skilled workforce, and enables businesses to take advantage of thriving industry sectors like energy, tourism, technology, and manufacturing.
Ultimately, while the costs can undoubtedly add up, the decision to register a foreign LLC in Louisiana should also be based on a careful evaluation of the potential benefits and business opportunities.
If your LLC is formed under the laws of another state, it is referred to as a foreign LLC in Louisiana.
Businesses incorporated outside of the state where they operate must have “foreign qualifications” issued in the other states.
A domestic LLC is a company registered in Louisiana as an LLC. The entity type that has a physical presence in another state is a foreign LLC.
Starting a foreign LLC in Louisiana does not require a lot of documentation or tasks. However, it is always good to seek help from a professional when it comes to running your business. Get a professional registered agent and form your foreign LLC anywhere without a hassle.