You're about to learn how to form a for-profit corporation in Louisiana. After downloading the business formation packages and listening to this instructional video, you'll be just a few simple steps away from completing this important task. Links to the documents I'll refer to are listed below this video. Begin now by downloading and printing the business formation packages. In them, you'll find everything you need to form your new company. Package 1 contains a process overview checklist and corporation worksheet. Package 2 contains the Louisiana instruction sheet, name reservation, Articles of Incorporation, domestic business corporation initial report, and the transmittal information sheet. Package 3 contains IRS forms ss4 and 2553. Your next task is to review the procedural guides where you'll learn about forming and maintaining a corporation in general. Review the state instruction sheet where you'll learn about forming and maintaining a corporation in your home state. You're now ready to complete the corporation worksheet. Here, you'll compile all the information you need to form your new company, complete various post-formation tasks, and remain in compliance with the state. Completing the worksheet now will save you considerable time in the long run. Three areas the worksheet deserves special consideration. They are naming your company, selecting a registered agent, and determining the quantity, class, and par value of authorized shares. Let's start with naming your company. Select two or three names that you like and verify that a name you want is available by conducting an entity name inquiry on the Louisiana Secretary of State website. The entity search link is included on the Louisiana instruction sheet. Your company name must end with a corporate designator or its abbreviation. If your name is available, you can reserve it for 60 days after paying a $25 fee. Reserving your name...
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