Louisiana Assumed Business Name — Registration is the process of registering an assumed business name with the Louisiana Secretary of State's office. The purpose of the registration is to provide businesses with the legal authority to use a name other than their own for business purposes. This type of registration is required for businesses to open a bank account, file taxes, and conduct business transactions under the assumed name. There are two types of Louisiana Assumed Business Name — Registration: Sole Proprietorship and Partnership. Sole Proprietorship registration is for businesses owned by one person, while Partnership registration is for businesses owned by two or more persons. Both types of registration require the submission of an Assumed Business Name Registration Form, which must be signed and notarized, as well as a copy of the business’s Articles of Incorporation or a Certificate of Organization.
Louisiana Assumed Business Name - Registration
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How to fill out Louisiana Assumed Business Name - Registration?
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No registration is needed for a sole proprietorship or partnership. No matter how you form your business, there are other licenses you may need to obtain once the entity is established.
The Small Business Administration defines a sole proprietorship as an unincorporated business owned and run by one individual, with no distinction between the business and the owner. The sole proprietor is entitled to all profits and is personally responsible for all the business's debts, losses, and liabilities.
Louisiana DBA / Fictitious Name / Trade Name Registrations Business entities that plan to use a name other than their legal business name may need to register an assumed name. Assumed name registration can take place at the state, local, or state and local levels of government.
You don't need to take any legal steps to form this type of business. If you are the only owner and begin conducting business, you automatically become a sole proprietorship. There is no need to formally file paperwork or submit anything at the federal, state, or local level to be recognized as such.
Sole Proprietorships offer no personal asset protection. If your business is sued, you're personally liable for the business debts and obligations. On the other hand, if you form an LLC, your personal assets are protected if your business is sued.
You'll need a Louisiana business license to start a business in the state, and you'll need to obtain a business license from the Secretary of State. Depending on which corporation form you would like to register, you will need to provide additional information for permits and register your business for taxation.
All corporations, non-profits, limited liability companies, and partnerships must register a DBA in Louisiana if they intend on doing business using any name that isn't the company's name. In Louisiana, sole proprietors do not have to file a DBA.
Submit Your Application for Registration of Fictitious Name Form Walk-In. 8585 Archives Ave.Mail. Commercial Division.Fees. $75 Filing Fee.DBA Questions. Call the Louisiana Secretary of State's Commercial Division: (225) 925-4704. Renew Your DBA with the State.Withdraw Your DBA.