If you have started a business in Louisiana and decided to change the name of your business, you need to follow certain legal procedures to update your business name officially. Changing a business name includes choosing a new name, updating your business records, getting a new business license, and renewing existing contracts and agreements. Here are the steps for how to change business name in louisiana.

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Choose a New Name

Before you change your business name, you need to choose a new name. Keep in mind that the new business name has to be unique and not already in use by any existing businesses in Louisiana. To search for your preferred business name’s availability, you can conduct a search on the Louisiana Secretary of State’s business database and make sure that your name is not already registered. Once you have confirmed your new business name, move onto the next step.

Update Business Records

After choosing your new business name, you need to update your business records, including your official documentation, website, email accounts, social media accounts, signage, and any advertisements that had mentioned your former name. You will have to replace all instances of your old business name with your new one. Updating and changing all business records takes time and is a crucial step to maintain business transparency and legal compliance.

Notify the Louisiana Secretary of State

To change your business name officially, you are required to notify the Louisiana Secretary of State by filing an amendment with the Secretary of State’s Corporations Division. You need to submit your state business documents, including the Articles of Incorporation, Articles of Organization, or Certificate of Authority if you’re a foreign entity. On these documents, clearly indicate your wish to change your business name.

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Once filing your amendment is complete, the state agency accepts it if all requirements are met. Then, the Secretary of State will issue an amended certificate of organization with the new business name within three-five days of getting your application. In Louisiana, this amendment can be filed online or by email.

Get a New Business License

After updating all records and amending them with the State of Louisiana’s Corporations Divisions' approval, the next process involves obtaining a new business license and any registration documents necessary to operate your business lawfully. This step ensures that all business licenses, permits, or certifications reflect your new business name.

Transfer Old Agreements and Contracts

As a business owner, it’s your responsibility to inform your clients, customers, vendors, and suppliers about your business name change. Do this in writing by sending a letter or email to your clients and other parties with whom you have pre-existing contracts/agreements. Transfer your old contracts to your new business name legally. As per Louisiana state law, you must not breach these contracts because of the name change and should continue to fulfill your contractual obligations.

Conclusion

Changing your business name affects all aspects of your exchange, including your clients, vendors, financial, legal, and tax dealings. Ensure that your transition is smooth, seamless, and prompt by following the above-mentioned steps. Changing your business name can take at least eight weeks, so make sure to plan your communications when you will be in a phase of transitioning to a new name. Updating all records is one thing, and updating them correctly is another.

Changing your business name could be necessary for owners for many reasons. However, this process requires time and money investment, so business owners must make a methodical decision that reflects the best interests and all aspects of their business model. By following these significant steps to a successful business name change, you have it all under control to make Louisiana business lawful running after the complete amendment of the legal alteration.

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