| LOUISIANA |
| Name |
Must contain words Incorporated, Corporation, Company, Inc., Corp., Co., Limited Liability Company, Limited, Ltd., L.L.C. or L.C. |
| Information about Directors and Officers |
Company must have at least three Directors. If the Corporation has only one or two shareholders, the number of directors can be less than three bet not less than the number of shareholders. No age or residence requirement. It is required to list Directors, but it is not required to list Officers in the Articles of Incorporation. |
| Requirements for address |
Home address can be considered as company address. P.O. Box is not admissible. |
| Registered Agent |
Registered Agent is required if you do not live or have an office in Louisiana. Otherwise, you can be your Own Registered Agent. |
| Shares/Stock information |
You can authorize all initial shares you want at a no par value. State Filing fee will not increase. |
| Annual statement |
Effective August 15, 2001, nonprofit annual reports due date will change from May 15th to the anniversary date of incorporation. Annual Report fee is up to $25. |
| State fees |
$40 + $10 minimum Incorporation tax. |
| Income tax rate |
State taxes include components for income and franchise taxes. The income tax is based upon the rates. The franchise tax is based upon capital. The 4% of the first $25,000 of taxable net income, 5% of the next $25,000, 6% of the next $50,000, 7% on the next $100,000 and 8% of all income over $200,000. |
| Franchise tax |
No franchise tax. |
| S Corporations |
Status is recognized by the State. Separate State election from the federal election is not required. |
| License requirements |
Most businesses must obtain a license and pay a fee if operating in the State. Check with the State to make sure your business is complying with the license requirements for your particular profession. |
| Corporate records |
Books and accounts showing the amounts of the Corporation's assets and liabilities and minutes of the meetings of shareholders and directors must be kept with the corporate records. |
