Business Formation in Virginia
If you are a business owner who aims to create an LLC or a corporation in Virginia, I can make sure that business formation is done properly and that you understand your ongoing obligations under Virginia and federal law.
Business formation in Virginia can be complicated. Among other duties, new businesses are expected to do the following:
- Properly file Articles of Organization or Articles of Incorporation with the Virginia State Corporations Commission
- Pay the registration fee for business formation in Virginia
- Report pertinent changes to the Virginia State Corporations Commission
- Pay Virginia taxes
- Pay federal taxes
- Keep complete and accurate company/corporate records
- Obtain necessary permits, licenses, and insurance
Business formation in Virginia might be complicated, but hiring an experienced business formation attorney can help you make sure that it is done properly and that you understand the next steps. My flat rate business formation packages ($450 for an LLC, $600 for a C corporation, and $650 for an S corporation) include a free legal consultation (follow-up questions welcome), careful drafting and preparation of your corporate documents (including, as applicable, a Shareholders Agreement, Operating Agreement, and/or by-laws), and a tailored checklist of ongoing duties and considerations depending on chosen business entity type. This flat rate might be slightly more expensive than the do-it-yourself packages, but when it comes to your livelihood, isn’t hiring a a professional to protect it worth it?
*Business formation in Virginia is governed by Title 13.1 of the Code of Virginia, which can be accessed at: http://leg1.state.va.us/cgi-bin/legp504.exe?000+cod+TOC1301000. Visit the Virginia State Corporation Commission for additional information such as business name availability, fees, forms, and other information pertinent to business formation in Virginia (http://www.scc.virginia.gov/).
