How Much Does an LLC Cost in Louisiana? (2024 Filing Fees)

Starting an LLC in Louisiana is an exciting step, but it comes with costs that you should know.

The basic cost for forming an LLC in Louisiana is $100, which covers the filing of the Articles of Organization. You’ll also need to budget for an annual report fee of $30.

But there’s more.

In addition to the initial fees, you should consider extra costs like registered agent services, business licenses, and industry-specific taxes.

Understanding these details will help you make informed decisions and set your Louisiana LLC up for success.

How Much Does an LLC Cost in Louisiana?

Starting an LLC in Louisiana involves several costs. The most important fee is the $100 filing fee for the Articles of Organization. You pay this one-time fee to the Secretary of State of Louisiana.

Once your LLC is formed, you must file an annual report. The fee for this report is typically $30. Missing this can lead to penalties or even dissolution of your LLC.

You may also need a registered agent. Fees for this service vary but often range from $100 to $300 yearly. A registered agent is required to receive legal documents for your LLC.

If you plan to operate under a fictitious name (DBA), you must pay an extra registration fee. Depending on the parish, this fee can be around $75.

Consider other potential costs, such as business licenses and permits, depending on location and activity. These can differ greatly depending on your specific business needs.

LLC Costs in Louisiana (Formation Fees)

Here’s a breakdown of the costs associated with the required and optional items for forming an LLC in Louisiana.

Louisiana LLC Requirements	Cost
LLC Business Name Search	$0
Articles of Organization	$100
Operating Agreement (optional)	$0 (with Northwest)
EIN Number	$0 (free from IRS)
Annual Report	$30/annually
LLC Name Reservation Fee (optional)	$25
Certificate of Good Standing (optional)	$20
Foreign LLC Registration (optional)	$150
Fictitious Name (DBA) (optional)	$75
Taxes	Varies by income
State Business License Fees	Varies by type of business
Registered Agent Services (optional)	$0-$125 (Northwest)
LLC Formation Services (optional)	$39
Total LLC Costs in Louisiana	$130 – $564

Total Louisiana LLC costs range from $130 to $564. If you do everything yourself and skip the optional extras, you might only spend around $130. However, if you decide to pay for additional services and requirements, your costs could go up to $400 and $564.

The first mandatory expense is the $100 fee for filing the Articles of Organization, which is essential for officially establishing your LLC. Additionally, you’ll need to budget for the annual report, which costs $30 each year.

Now, let’s discuss the optional costs.

Obtaining an Employer Identification Number (EIN) is free from the IRS, and conducting an LLC business name search comes at no cost. An Operating Agreement is recommended but can be obtained at no cost using services like Northwest. If you want to reserve your LLC name, that will typically cost $25.

You may also want a Certificate of Good Standing, which costs $20. Registering a foreign LLC in Louisiana incurs a fee of $150. Operating under a different name (DBA) costs $75.

Regarding registered agent services, you can either act as your agent at no cost or hire a professional service, which typically ranges from $100 to $300.

Louisiana LLC Business Name Search Cost ($0)

Before starting an LLC in Louisiana, choosing a business name is important. Fortunately, you can conduct a name search at no cost. This helps you ensure that your desired name is available.

You can search for business names on the Louisiana Secretary of State’s website. The search tool lets you check if your proposed name is already used. This step is essential to avoid any legal issues later on.

Make sure your name is unique and does not closely resemble existing businesses. The state has specific guidelines on name requirements. For example, your name must include “LLC” to indicate its status as a limited liability company.

Louisiana Articles of Organization ($100)

To start your LLC in Louisiana, you must file the Articles of Organization, which costs $100. This fee is required to officially form your limited liability company with the state.

Filing the Articles of Organization is essential. It makes your LLC a legal entity, separate from you as an owner. You can file online or by mail, making the process convenient.

The typical Louisiana LLC processing time depends on the filing method. If you file online, expect to get your LLC approved in 3-5 business days. However, the approval process takes 2-3 weeks if you file by mail.

You must also complete the Initial Report (Form 973) when filing. This report includes an agent affidavit and is part of the required paperwork. Remember to gather the necessary information to fill out these forms accurately.

Remember that if you pay by credit card, there may be extra fees. If your payment does not go through, a return check fee of $25 applies.

LLC Operating Agreement Cost in Louisiana ($0 with Northwest)

Creating an LLC Operating Agreement in Louisiana does not have to cost you anything. With Northwest Registered Agent, you can obtain this important document for free.

The Operating Agreement lays out the rules for your LLC. It details the ownership structure and how the business will be managed. This agreement helps prevent misunderstandings among members.

You may wonder why an Operating Agreement is important. Here are some benefits:

• Clarifies Responsibilities: It clearly defines the role of each member.
• Protects Your Business: An Operating Agreement can help enforce your LLC status and protect personal assets.
• Establishes Procedures: It outlines the process for adding or removing members.

Louisiana Registered Agent Fee ($0-$300/year)

When forming an LLC in Louisiana, you need a registered agent. This can be yourself or a professional service.

There is no fee to act as your registered agent. You need to provide your name and address. This option works well if you can receive important documents during business hours.

Hiring a professional Louisiana registered agent service usually costs between $100 and $300 per year. These services help manage your mail and legal documents while also adding a layer of privacy. For example, LegalZoom charges about $249 annually, and ZenBusiness offers services for $199 annually.

Northwest Registered Agent has a competitive offer.

They provide a free first year of registered agent services when you use them to form your LLC. After the first year, their fee is $125 annually.

EIN Cost in Louisiana ($0 from the IRS website)

You will need an Employer Identification Number (EIN) when starting your LLC in Louisiana. The great news is that obtaining an EIN from the IRS is completely free.

The EIN is used for various purposes, such as tax reporting and opening a business bank account.

An EIN is essential for operating your business, even if you do not have employees immediately. You can use it for various financial activities, like opening a business account.

Louisiana Annual Report ($30/annually)

In Louisiana, you need to file an annual report for your LLC. This report keeps your business information up to date. The fee for this report is $30 each year.

Filing this report is required to maintain your LLC’s good standing with the state. Not submitting it on time may result in penalties or issues with your business status.

You must prepare a payment for the annual report. A check or money order made to the “Secretary of State” is acceptable.

When you’re ready to file, mail your completed annual report and the payment. Send it to:

Commercial Division
PO Box 94125
Baton Rouge, LA 70804-9125

LLC Name Reservation Fee in Louisiana ($25)

If you want to reserve a name for your LLC in Louisiana, there is a fee of $25. This fee allows you to secure the name for your business for up to 120 days before you officially file your LLC formation documents.

To reserve your name, you’ll need to fill out a specific form known as Form 398. This form can be submitted online or by mail. It’s a straightforward process, but follow the instructions carefully to avoid delays.

Reserving a name is smart if you have a specific name in mind. It prevents others from using it while you prepare your business.

The $25 fee is non-refundable, so ensure you’re ready to move forward with your LLC before reserving the name. You won’t get this fee back if you decide to change your mind.

Fictitious Name/DBA Cost in Louisiana ($75)

If you want to operate your business under a name different from your legal name, you must file a DBA, also known as a Fictitious Name or Assumed Name. In Louisiana, the cost to register a DBA is $75.

This registration is important, as it officially allows you to use your chosen name in business dealings. You can apply for a DBA through the Louisiana Secretary of State’s office. You can do this online, by mail, or in person.

In addition to the initial filing fee, if you need your application processed quickly, Louisiana offers an expedited service for an additional $300. This allows you to receive your DBA in just 24 hours.

Remember that a DBA in Louisiana must be renewed every ten years, and the filing fees remain the same upon renewal. If you’re considering reserving a name before you file, it costs $25 to hold that name for 120 days.

Louisiana Certificate of Good Standing ($20)

A Louisiana Certificate of Good Standing is an important document for your business. Your LLC complies with state laws and has filed all required paperwork.

This certificate is available for a fee of $20. You can request it online, by mail, or via fax.

If you order online, just ensure you have a geauxBIZ account. Requests by mail should be sent to the Secretary of State’s office in Baton Rouge. If you prefer to fax your request, use the number the Secretary of State provided.

This certificate is often required when opening a business bank account or applying for loans. Financial institutions typically ask for it to confirm your business’s legitimacy.

Louisiana Foreign LLC Registration Fee ($150)

To register a foreign LLC in Louisiana, you must pay a $150 processing fee. This applies to any LLC formed in another state but wants to operate in Louisiana.

To start, you must file an Application for Authority to Conduct Business. This is a key step in the registration process. Remember to include the $150 fee along with the form.

There is also a $5 credit card fee if you pay by card. This means your total could be $155 if you opt for a credit card payment. Make sure you are prepared for these costs before you start your registration.

Payment is made to the Louisiana Secretary of State. To avoid delays, it’s important to submit all documents correctly.

After your application is approved, your foreign LLC can legally conduct business in Louisiana. This step is essential for your business expansion, as you’ll have access to many opportunities.

Louisiana Business License Fees (varies)

When starting your LLC in Louisiana, you may need additional business licenses or permits based on where you operate and your industry. This can include a City Business Permit or other specific licenses that apply to your trade.

The fees for these licenses vary. Generally, costs are not very high. For example, you might find that some permits cost under $100, while others could be slightly more expensive.

Louisiana LLC Taxes (varies)

You may need to pay various taxes when you own an LLC in Louisiana. These taxes can change based on your specific situation.

Here are the common types of taxes you might face:

• Federal Taxes: LLC members often pay federal self-employment tax at 15.3% (12.4% for social security and 2.9% for Medicare).
• State Income Tax: Louisiana’s income tax rate ranges from 1.85% to 6%.
• Local Income Tax: Depending on your locality, additional local taxes may apply.
• Business Taxes: This includes any specific taxes imposed on your industry.
• Sales Tax: You must collect and remit sales tax if you sell products or services.
• Payroll Tax: Required if you have employees and pay wages.
• Property Tax: Applicable if your LLC owns the property.

Louisiana LLC reinstatement fee ($130)

If your Louisiana LLC has been administratively dissolved, you must pay a reinstatement fee to revive it. The total fee for reinstating your LLC is $130. This includes several components.

First, there’s a $75 reinstatement fee. This cost is mandatory when applying to restore your LLC status.

In addition, you are required to pay an annual report fee of $25. This fee covers the annual report needed for reinstatement.

You might face additional charges if you have any delinquent reports from previous years. Each past-due annual report adds $30 to your total fees.

To reinstate your LLC, gather the following documents: a completed reinstatement application and your most recent annual report. Make sure to sign and date the forms before submission.

Louisiana LLC dissolution fee ($100)

When you dissolve your LLC in Louisiana, you must pay a dissolution fee, typically $100. This fee is essential for filing legal paperwork to officially close your business.

In addition to the base fee, you can choose expedited services if you need your dissolution processed quickly. These services usually add an extra $30 to $50 to your total cost.

To dissolve your LLC, you must file the Articles of Dissolution, also known as the Affidavit to Dissolve, with the Louisiana Secretary of State. Ensure you have your paperwork and any other requirements met before submitting.

Louisiana LLC Change of Registered Agent Fee ($25)

Changing your registered agent in Louisiana is an important task for your LLC. This process ensures that your business has a reliable point of contact.

To make this change, you must complete the Change of Registered Agent form and submit it to the Louisiana Secretary of State. The fee for this change is $25 if you pay using a method other than a credit card.

If you pay by credit card, the fee increases to $30. This is essential to consider when budgeting for your business expenses.

Filing this form is straightforward. You may complete it online or through the mail. Some registered agent services will handle this process, saving you time.

What is the Cheapest Way to Start Louisiana LLC?

Starting an LLC in Louisiana can be done in a few different ways. The most common options are to use an online service, hire a lawyer, or file the paperwork yourself.

An online service can cost you anywhere from $39 to $79, plus the state filing fee of $100. This option offers convenience and guidance but may add extra costs for services you don’t need.

If you decide to hire a lawyer, be prepared to pay more. Legal fees often start at around $300 but can go up based on the complexity of your LLC’s needs. This gives you expert help, but it is not the cheapest choice.

The cheapest way to start your LLC is by filing the paperwork yourself. This only requires paying the $100 state filing fee. You can complete the necessary forms online through the Louisiana Secretary of State’s website.

While this method saves you money, it also requires careful planning and understanding. Mistakes can lead to issues that might be costly in the long run.

Also, if you’re unfamiliar with the process, you might find it confusing. However, this DIY approach is the best way to save money.

Should You Use an LLC Formation Service in Louisiana?

An LLC formation service in Louisiana can make the process easier for you. These services handle much paperwork and can help you comply with state requirements. You won’t have to worry about missing deadlines or making mistakes on your forms.

• Expert Support: Northwest Registered Agent offers free access to LLC formation experts and attorneys, providing reliable guidance and answers to your questions.
• Peace of Mind: Having professional support available when needed helps reduce stress and helps you know that experts handle important aspects of your LLC formation.
• Privacy Protection: These services can keep your personal information out of public records, helping to maintain a clear separation between your business and personal life.

Choosing an LLC formation service depends on your comfort level with paperwork and legal requirements.

Frequently Asked Questions

Do I need a business license for an LLC in Louisiana?

You will often need a business license to operate your LLC in Louisiana. Local permits or licenses may also be required depending on your business type and location.

How much does it cost to reinstate an LLC in Louisiana?

Reinstating an LLC in Louisiana can cost around $130. This fee covers the processing of your reinstatement application. Additional fees may apply for outstanding annual report fees or other dues.

How much does it cost to dissolve an LLC in Louisiana?

You must file a termination notice with the Secretary of State to dissolve your LLC in Louisiana. The filing fee for dissolution is $100. Ensure all debts and obligations are settled before proceeding with dissolution.

Do I need to hire an attorney to form an LLC in Louisiana?

Hiring an attorney is not required to form an LLC in Louisiana. Many business owners complete the process on their own. However, an attorney can provide valuable advice and help you navigate more complex issues.

Should I hire an LLC formation service in Louisiana?

An LLC formation service can simplify the process for you. While these services charge fees, they often include guidance and ensure all documents are filed correctly.

Are there penalties for paying my fees late in Louisiana?

Yes, paying late fees can lead to penalties and additional fees. If you miss deadlines for annual reports or other payments, your LLC may face fines.

What happens if I do not file my Louisiana LLC annual report?

Your LLC may face penalties if you do not file your annual report. Inactive status could lead to administrative dissolution, eliminating your business’s recognition.