Why Do You Need Louisiana Reinstatement For Your LLC Or Corporation?
When a company misses state filings or fails to pay the necessary fees on time, it may lose the benefits that come with its business entity type and face administrative dissolution. Louisiana reinstatement will return your company to good standing.
What Is Needed To File For Reinstatement?
The reinstatement process depends on the state where your company conducts business. In Louisiana, the first thing a dissolved company has to do is to visit the website of the Secretary of State. Go to the Corporations tab and choose the Search Database. Then, type the name of your company. You will find a selection that includes Louisiana reinstatement.
Once you click that option, you will get a pre-populated form that has your business information. You can finish the form online or choose to print it out so that you can file it by mail. The filing comes with a fee. Additionally, you may have to file your latest delinquent annual report.
How Much Will It Cost To Reinstate?
LLC – Reinstating an administratively dissolved LLC in Louisiana requires you to pay $75. The filing fee for the annual report is $25. There is no late fee for past-due reports.
Corporation – The filing fee for a Louisiana reinstatement for a corporation is $60. If you have to file a delinquent annual report, you have to pay an additional $25. There is no late fee for past-due reports.
How Long Will This Process Take?
LLC – The Secretary of State may take 7-10 business days to finish processing LLC reinstatement filings. If you want to speed up the processing time, you have to pay more.
- 24-Hour Service – $30
- 2-4 Hours – $50
Corporation – The processing of corporate Louisiana reinstatement filings usually takes approximately 7-10 working days. You can request expedited service for an additional fee.
- 24-Hour Service – $30
- 2-4 Hours – $50
What Is Required On The Forms?
LLC – You will need to disclose some pieces of information on the forms.
- Transmittal Information Form
- Type Of Processing, Whether Routine Or Expedited
- LLC Name
- Name, Address, Daytime Phone Number, Email Address, And Fax Number Of The Filer
- Articles Of Reinstatement
- Parish Or County
- LLC Name
- Signature Of The Authorized Representative
- Notarization Date
- Name, Signature, And Notary Or Bar Roll Number Of The Notary
Corporation – Corporations also need to prepare certain information to accomplish the forms.
- Transmittal Information Form
- Type Of Processing, Whether Routine Or Expedited
- Company Name
- Name, Address, Daytime Phone Number, Email Address, And Fax Number Of The Filer
- Articles Of Reinstatement
- Parish Or County
- LLC Name
- Signature Of The Authorized Director Of Officer
- Who Approved The Reinstatement (Administrative Dissolution Requires An Officer Or Director, While Voluntary Dissolution Requires The Unanimous Vote Of The Company Shareholders)
- Notarization Date
- Name, Signature, And Notary Or Bar Roll Number Of The Notary
What If My Company’s Name Is In Use When I Need To Reinstate?
LLC – Your LLC name will be safe for three years after the administrative dissolution. After that, another entity can take it. When that happens, you will have to file for an amendment to change your company name.
Corporation – The state protects the name of an involuntarily dissolved corporation in Louisiana for three years. After that, it will be available for the use of another business entity. If your company name is no longer available when you reinstate, you will have to submit an amendment to change it.
How Can DoMyLLC Assist With Streamlining?
Taking your Louisiana company out of bad standing with the state requires you to follow a Louisiana reinstatement process, which involves multiple steps. You will also need to file formal paperwork and address your pending obligations.
For first-timers, this may be too much to handle. Some business owners may also find it hard to find time to deal with the necessary transactions. If that is the case for you, don’t hesitate to get help from a reliable company like DoMyLLC.
Our team of experts can provide personalized solutions and live support. You can also expect professional assistance throughout the whole ordeal.
Louisiana Reinstatement FAQs
Can you change your registered agent on the reinstatement?
Yes, you can change the registered agent of your company along with your reinstatement filing.
How many annual reports can your company fail to submit before the state prohibits reinstatement?
It does not matter how many annual reports your company has missed. Louisiana allows reinstatement at any time.
How long can your company be inactive with the state before it has to start over as a new business entity?
Owners of administratively dissolved companies in Louisiana do not have to worry about a deadline. You can reinstate your business anytime.