Wednesday, October 8, 2014

What Do I Need To Start A Business In Louisiana

Recent Orleans, Louisiana


Starting a bag in any society can be daunting provided you don't be read what you demand and where to animation. For most, the ahead cutoff is the nation website. Unfortunately for Louisiana businesses, the control website provides minor service for those looking to begin a dewy game. Instead, research gone the website of the conurbation in which you disposition to begin your livelihood for a extended plentiful and user-friendly exposure.


Louisiana Revenue Account


No affair what municipality in which you pleasure to establish, you must register your matter with the Territory of Louisiana Branch of Revenue. This can be done online or in subject and Testament return on all sides of three biz days to growth. Once you chalk up your Louisiana Revenue Account Number, you can complete the other applications.


Corporation Requirement


If you are planning to form a more structured company, such as a corporation or LLC, you will need to file with the state of Louisiana. If you plan to begin your company as a sole proprietorship, you can skip this step.


Zoning Regulations


Zoning regulations and rules are different for every city in the state of Louisiana.

Professional & Occupational License

Depending on the type of business you plan to function, you will most likely need to apply for a specific professional and occupational license. A complete listing of these licenses and their associated application costs can be found in the resources section of this article.



Regardless of whether your business will be collecting sales tax or not, you must register with the city's department of revenue moreover to the state department of revenue. Each major city in Louisiana has its own sales tax rate and collection/payment requirements. The state of Louisiana does not collect sales tax revenues from businesses.


To make sure your business isn't violating any such regulations, contact the Department of Public Works (DPW) in your area before securing a lease or otherwise opening your business doors. The DPW can also assist you in finding an ideal location for your business if you haven't already chosen one.

Local Municipality Registration



Specialized Permits/Licenses


Specialized permits and licenses may be required if your business routinely does specific tasks, some of the most common being liquor license, food handlers permits, second hand goods reseller permit and gambling license.


IRS


No matter what type of company you form, it is always a good idea to apply for an Employer Identification Number (EIN) through the IRS. This is a more secure number to be handing out rather than your personal Social Security number, especially given the rise in identity theft.


The state of Louisiana offers a tailored application checklist to ensure you have applied for all of the proper permits and licenses for your new business. The state also has a listing of helpful resources to receive you started, such as free business guidance and counseling.