What is the difference between LLC and professional LLC in Virginia?
Dissolving Your LLC in Virginia Step 1: Vote to dissolve the LLC. Step 2: Wind up all business affairs and handle any other business matters. Step 3: Settle debts and assets with creditors. Step 4: Notify tax agencies and settle remaining taxes. Step 5: File a certificate of dissolution.
How much does it cost to form an LLC in Virginia?
However, Virginia LLCs are required to pay the annual registration fee, which is currently $50 and due at the end of the LLCs anniversary month, starting the year after formation. Failure to pay this fee on time will lead to a $25 penalty, and the LLC no longer being in good standing with the state.
Do I have to renew my LLC every year in VA?
The main difference between a PLLC and an LLC is that the PLLC Act imposes restrictions on who may be an owner of a PLLC. A PLLC is only for professionals recognized in Virginia through applicable licensing or certification. ingly, for most Virginia PLLCs, all members must be professionally licensed.
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Related links
LLC1056-PDF - Virginia State Corporation Commission
Form LLC1056 (Rev. 01/21). Filing Requirements. Pay all fees and penalties before submitting this application to the Commission. If the Commission issues the
Corporate and Business Law - UR Scholarship Repository
by LV Parker 2009 Part III discusses changes to the Virginia Limited. Liability Company Act (LLC Act), the Virginia Revised Uniform. Limited Partnership Act (
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