If you are trying to form an LLC in Louisiana, then take note that in this state, starting an LLC requires having a Louisiana registered agent who will handle all official paperwork on the LLCs behalf.
On this page, you’ll learn about the following:
Louisiana Registered Agent Requirements
There are certain requirements to fill the role of a Louisiana registered agent:
- The nominee must be more than 18 years old.
- The individual must have a legal, physical address in the state where the LLC will operate.
- The individual must be physically present during normal working hours.
How to Choose a Registered Agent?
When you file your Certification of Formation in Louisiana, you must nominate a registered agent. You can either appoint an in-house registered agent (yourself or any LLC member) or outsource a Louisiana registered agent service.
You can elect your registered agent online through the Louisiana Secretary of State website.
Hiring an Inhouse Registered Agent
When hiring an in-house registered agent, make sure the individual is over 18 of age and lives in Louisiana.
Can I be my own registered agent?
Yes, you can be your own registered agent. So long as you meet the basic requirements for a registered agent, then you can take on this role for your LLC.
Outsourcing a Registered Agent
You may, instead, get professional registered agent services. Doing so ensures that you will have the best individual to represent your business. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries.
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Note that availing of the services of professional registered agents would be your best option since you are guaranteed that whoever is handling your legal affairs knows their stuff well. You will enjoy peace of mind and focus only on running your business, as the ‘professionals’ take care of all legal matters.
What to Consider When Choosing a Registered Agent
Here are some factors to consider when choosing a registered agent.
- Service Fee: Since most states require formal businesses to have registered agents, selecting the best-registered agent is critical. Hiring a registered agent service typically costs between $50 and $300 annually. When you consider how much time it will save you, this is a small price to pay.
- Tenure in Business of Registered Agent: You want the registered agent to have established and time-tested procedures for handling documents that are received.
- State Jurisdiction Limitation: If your company expands to another state, you should use the same registered agent in all states to reduce the administrative burden of dealing with multiple registered agent service providers.
- Offer Monitoring and Follow-up Services: You want to receive up-to-date information and alerts from your registered agent as soon as possible so that you are aware of the various statutes, rules, and regulations that apply to your company.
Louisiana Business Laws and Registered Agent
Registered Agents are responsible to handle the business laws related to your LLC and other legal issues related to your Louisiana LLC. Every state has its own business laws. Louisiana is no exception. It has its own set of standard business laws to regulate businesses in the State. Here are some of the important business laws every business should follow in Louisiana.
- Louisiana Antitrust Laws: Antitrust laws regulate and prevent anti-competitive practices in any open market by levying heavy penalties and punishment against such activities. These laws counter the formation of cartels, monopolies, or any barrier created for new entrants in the market. The Louisiana Antitrust laws prohibit any agreement, or conspiracy in restraint of trade or commerce, price-fixing, scheme of arrangements executed to reduce competition in the market, and any unfair methods of competition. The State allows the filing of private lawsuits and a successful plaintiff to recover attorney’s fees as well.
- Louisiana Deceptive Trade Practices Laws: The State of Louisiana aims to protect its residents from unfair business practices. Such practices mislead the consumers into investing in invaluable market products by selling them with twisted statements and lies such as false advertising. The laws specifically prohibit false advertising and odometer tampering.
The remedies for such acts include actual damages, and in case of willful violation, the offender must pay triple the amount of damages in addition to the attorney’s fees and costs; injunction, restraining order, and any other additional relief necessary to compensate the victim. In case of odometer tampering, the license of the offender may be revoked and civil penalties to be levied up to $500, and imprisonment up to 90 days.
The Registered Agents are the people who act as points of contact between your business and the State Authorities. They assist your business in ensuring compliance with all regulations and codes of the State. Hiring a registered agent in Louisiana will help you handle your business in a smooth and legally compliant manner.
How to Remove a Registered Agent for LLC in Louisiana
There are several reasons why you may want to change the registered agent for your LLC. The most common reason is a move out of state. In other cases, a registered agent may leave the company or move to another state. The owner may also no longer want the responsibility of being the LLC’s registered officer or does not want his or her address on public record. It can also be that your business has grown and you no longer have the time to be a registered agent. In these cases, a registered agent can be removed by following a few simple steps.
To change a registered agent, complete the form required by the Louisiana Secretary of State. You can submit it online. The form must include the signature of the manager or member of your LLC and an affidavit of acceptance from the new registered agent. If you decide to change the registered agent, you must notify the state as soon as possible. You can do this by phone, email, or in person.
Once you’ve made the decision to remove your LLC’s registered agent, you can then contact the Louisiana Secretary of State to make the change. The state will email you an acceptance link. After accepting your request, the new registered agent will begin working for your company. The process is simple, so you’ll want to take advantage of it. You don’t want to be in a situation where you have to move again and have to worry about your business’s future.
All corporations and limited liability companies doing business in Louisiana are required by state law to appoint a Louisiana registered agent. Louisiana registered agents provide a reliable way for the Secretary of State and state courts to contact a corporation or LLC.
A registered agent is simply a person or entity appointed to accept service of process and official mail on your company’s behalf who lives in the state of service and is over 18.
If you intend to be your own registered agent, you may be forced to use your home address (especially if you run a home-based or web-based business), making the address public.