Professional Corporation Package for Virginia - Virginia 2026

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  1. Click 'Get Form' to open the Professional Corporation Package in the editor.
  2. Begin by reviewing the Statutory Reference section to understand the legal framework governing professional corporations in Virginia.
  3. Navigate to the Forms List and select 'VA-NAMERESV' to reserve your corporate name. Follow the instructions provided on the form carefully.
  4. Once your name is reserved, proceed to complete 'VA-00INCP', the Articles of Incorporation. Fill in all required fields, ensuring accuracy.
  5. Mail the original and a copy of your Articles along with the filing fee to the State Corporation Commission as instructed.
  6. Conduct an initial meeting using 'VA-PC-OM' for organizational minutes and adopt bylaws with 'VA-PC-BL'.
  7. Apply for a Federal Tax Identification Number using form 'US-IRS-SS-4'.
  8. If applicable, file form 'US-IRS-2553' for S-Corporation status timely.

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A foreign corporation, limited liability company, business trust, limited partnership or limited liability partnership may not transact business in Virginia until it obtains a certificate of authority or certificate of registration from the State Corporation Commission.
To form a Virginia LLC, you must complete and file the Articles of Organization with the State Corporation Commission. The Articles cost $100 to file. For $25 plus state fees (total $125) well fill out and file your Articles for you. You must include Limited Liability Company, Limited Company or an abbreviation.
One of the major reasons to form a PLLC is because it creates a separation between the individual and the entity. In most cases, if a PLLC is formed, the individual will not be personally liable for the businesss debts or any lawsuits against the business.
There are two types of corporations in Virginia, stock corporations, which are authorized to issue shares to persons who become shareholders, the owners of the corporation, and nonstock corporations, which may have members, but not owners. Stock corporations are usually formed to generate a profit for the shareholders.
Forming an LLC is simpler than a PLLC, as the latter requires an additional confirmation from the state licensing board before it can be incorporated. Also, there are ownership restrictions.

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