Louisiana Agreement and Plan of Conversion -
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FAQ
First, as ACRA doesn't allow conversion of one form of company to another form, you would have to incorporate a new LLC. Once that is done, simply transfer all the business matters to the newly incorporated LLC and close your sole proprietorship or LLP.
In order to start an LLC in Louisiana, companies must file Articles of Organization and an Initial Report with Louisiana Secretary of State: Articles of Organization must include the selected LLC name, address, objective, and duration. In order to start an LLC, the files must be notarized.
Three ways to change from one form of entity to another are dissolution/formation, inter-entity merger, and statutory conversion. Dissolution/formation ? In this method, the original entity is dissolved and a new entity is formed.
Statement of Conversion for Foreign Entity The foreign entity is authorized to effect the conversion by the laws under which it is formed, and it has approved a plan of conversion or other instrument to effect the conversion as required by the laws under which it is formed.
Select a name for your Louisiana LLC. Follow naming requirements. ... Designate a registered agent. ... File Articles of Organization. ... Draft an operating agreement. ... Obtain an IRS Employer Identification Number (EIN) ... Fulfill your Louisiana LLC's additional legal obligations.