Start a Business in Louisiana, USA
Louisiana Corporation (C-Corp or S-Corp)
Louisiana LLC
Louisiana is a state in the Deep South region of the South Central United States. Louisiana is bordered by the state of Texas to the West, Arkansas to the North, Mississippi to the East, and the Gulf of Mexico to the South. A large part of its eastern boundary is demarcated by the Mississippi River.
Louisiana is the only U.S. state with political subdivisions termed parishes, which are equivalent to counties. The state's capital is Baton Rouge, and its largest city is New Orleans. Louisiana has a total area of 52,069.13 square miles (135,382 km2).
The estimated population of Louisiana was 4,648,794 people as of 2019, the 25th most populous of the 50 U.S. states. English is the main language in Louisiana, with over 90% of the population speaking only English at home, about 4% speaking French, 3% speaking Spanish, and 0.6% speaking Vietnamese.
The Government of Louisiana is structured according to the Constitution of Louisiana. Similar to the national level of government, power is distributed among three branches: legislative, executive, and judicial.
- The legislature of Louisiana is the General Assembly, a bicameral body consisting of the Senate and the House of Representatives.
- The Executive branch is headed by the Governor.
- The highest judicial power is vested in the Supreme Court of Louisiana.
In 2019, the real GDP of Louisiana was approximately 240.48 billion U.S. dollars. The GDP per capita of Louisiana was $51,729 in 2019.
Tourism plays a significant role in the economy of Louisiana, particularly in the New Orleans area. Louisiana is also rich in petroleum and natural gas. Other industrial sectors in Louisiana include manufacturing, business services, education and healthcare services, and retail trade. Louisiana was ranked as one of the most small business-friendly states, based on a study drawing upon data from more than 12,000 business owners.