Construction a Individual Proprietorship in Louisiana
A Louisiana Individual proprietorship appears as an unincorporated biz owned by a unmarried human race, or a Spouse and wife. Individual proprietorships in the homeland of Louisiana bear no separation from the owner of the calling. Louisiana Individual proprietorships must record the felicitous documents with the Louisiana authority and resident governments. Individual proprietorships in the kingdom of Louisiana that fail to properly register the line may be mortal to fines, penalties and event closure.
Instructions
1. String a ficticious trouble designation with the Louisiana District Employee of Court where the matter operates. A Louisiana Individual proprietorship Testament bear the corresponding flag as the owner of the matter, unless the owner files a ficticious argument autograph, also known as an assumed business name. Sole proprietorships must choose a fictitious business name that isn't in use or held on reserve by any other business entity in the state of Louisiana. Conduct a business name availability search on the Louisiana Secretary of State website.
2. Register the business with the Louisiana Clerk of the Court in the parish where the sole proprietorship operates. The registration process requires Louisiana sole proprietors to provide information such as the name and location of the business, too as the business type. Log on to the Louisiana Secretary of State's website to locate the contact number of the parish clerk where the business operates.
3. Request an employer identification number from the IRS. Louisiana sole proprietors may obtain an EIN by phone, fax, mail or online. Applying by phone or online will allow a Louisiana sole proprietorship to get an EIN for immediate business use. Louisiana sole proprietors that elect to file by mail may wait up to four weeks to get an EIN. Faxing Form SS-4 will allow the IRS to issue an EIN to a Louisiana sole proprietor within four business days.
4. Acquire business licenses and permits necessary to function the sole proprietorship. All Louisiana sole proprietorships must obtain a general business license from the parish clerk's office, as a condition of operating in the state of Louisiana. Sole proprietors that provide professional services, such as chiropractors and doctors, must obtain the appropriate Louisiana occupational license. Louisiana sole proprietors may register for Louisiana state taxes on the Louisiana Department of Revenue website. After completing the online registration process, Louisiana sole proprietors will receive a Louisiana Revenue Account number by mail within four to six weeks.
5. Register for business taxes with the Louisiana Department of Revenue. According to the Official Guide to Doing Business in Louisiana website, all businesses that engage in sales of any kind must register with the Louisiana Department of Revenue. For instance, Louisiana sole proprietorships that sell goods must obtain a seller's permit, also as a sales and use tax permit. Louisiana sole proprietorships must provide the EIN or Social Security number of the owner, also as the legal name and address of the business. Moreover, Louisiana sole proprietors may be required to obtain a zoning permit, depending on the location of the business. Contact the Clerk of the Court in the Louisiana parish where the sole proprietorship operates to ensure all permits and licenses have been obtained to legally run the business.
