Instructions to Form LPA-73 11 - State Corporation Commission 2025

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Filing the registration paperwork to officially form your Virginia LLC will cost $100. Youll also need to pay a yearly $50 fee to file your Virginia Annual Registration.
LLCs are more flexible and less burdensome than corporations. An LLC can choose to be taxed as a sole proprietor, a partnership or a C-Corporation. An LLC in Virginia can have only one member or it can have many.
There are no formalities requiring you to register as a general partnership in Virginia. Partners can basically just start doing business together. You will need to register for a DBA (if needed), obtain federal and state tax ID numbers, and meet other local requirements.
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Starting an LLC in Virginia Step 1: Choose a name for your LLC. Step 2: Appoint a registered agent. Step 3: Determine if you need a Virginia business license. Step 4: File your LLC articles of organization. Step 5: Draft an LLC operating agreement. Step 6: Comply with state employer obligations.
The State Corporation Commission (SCC) has regulatory authority over utilities, insurance, state-chartered financial institutions, securities, retail franchising and railroads. It is the states central filing office for corporations, limited partnerships, limited liability companies and Uniform Commercial Code liens.
Form a General Partnership in Virginia Determine if you should start a general partnership in Virginia. Choose a business name. File a DBA name, if needed. Draft and sign partnership agreement. Obtain Virginia licenses, permits, and clearances. Get an EIN. Get a Virginia tax identification number.
How to form a partnership in Virginia Step 1: Select a business name. Step 2: Register the business name. Step 3: Complete required paperwork. Step 4: Determine if you need an EIN, additional licenses, or tax IDs. Step 5: Get your day-to-day business affairs in order.
What Does it Take to Incorporate in Virginia? Obtain an EIN. Draft and finalize corporate bylaws. Hold an organization meeting. File BOI Report to FinCEN. Open a business banking account. Apply for any necessary licenses or permits. Hold an annual shareholders meeting. File an annual report.

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