Louisiana LLC - Starting Your Business Right
Discover how to form your Louisiana LLC and get the advantages of easy set-up, personal asset liability protection, special tax exempt status as a pass through vehicle and more.
Form an LLC for only $139 - Louisiana LLC Information - LLC Links & Articles
Business Advantages Of Your Louisiana Limited Liability Company
* Major Benefit - Preserving Your Personal Assets From Business Claims. One key protection for your Louisiana limited liability company concerns the indemnification from corporate liability, whereby the personal assets (real property, bank deposit, securities, auto, etc.) of you and your members are shielded from potential future creditors actions. Result? Creditors will be frustrated as they seek to lien, attach or liquidate assets in satisfaction of a court judgment against your Louisiana LLC.
* Obtain Quallifying Deductions For Business Expenses. Another significant advantage when you form your Louisiana LLC is that you can now legally deduct qualifying operating costs and expenses, as well as depreciate or write off certain qualifying assets of your Louisiana LLC, according to both Louisiana and federal tax law.
* Money Matters - Equity Capital And Bank Finance. Unlike the Louisiana Subchapter S corporate form which is limited to 75 shareholders, your Louisiana limited liability company can introduce an unlimited number of investor-members by way of a properly constructed private placement offering memorandum (SEC Rule 144 exempt).
With an established capitalization and some recent financial operating history data, your Louisiana LLC can now negotiate for in-market credit facilities from interested lenders, just like any other corporation would.
* Keeping Corporate Governance Simple And Flexible. You attract clear-cut corporate governance advantages when you form your LLC in Louisiana. Unlike a Louisiana C corporation where annual meetings and recorded minutes are required by statute, your Louisiana LLC can establish its own meeting and reporting guidelines as set forth within your LLC operating agreement and agreed to in writing by your Louisiana limited liability company members.
* Get Improved Flexibility And Control Over Dividends. Ddividend policy can be set by your Louisiana LLC, according to written policy established by your LLC operating agreement. These are key advantages that your Louisiana limited liability company have over a Louisiana Subchapter S corporation, which must pay dividend on a dollar-per-share basis according to state and federal law.
* Get All 50 States' Recognition. The key advantage of your Louisiana LLC is that it is recognized by all 50 states as a legal form of organization. Additionally, your Louisiana LLC form meets the initial legal requirement for establishing a business presence within Louisiana. Business developers will appreciate the simplicity and high degree of flexibility of your Louisiana limited liability company, and the public support offered by the pro-business Louisiana and its Secretary of State.
* Doing Incorporation Yourself Or Hiring Professionals. To form your Louisiana limited liability company and complete the necessary filings, you can do it yourself or hire an agent to "turnkey" the process for you. You'll get your Louisiana LLC ratified within two weeks, and you shouldn't have to pay more than $600, subject to the range of services you need.
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