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Written by : Suk Mcravin |
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hi everyone this is tamara with empower multimedia in this video i will show you the simple steps you need to take to form an llc in the state of virginia without further ado let's get started before we can look at the official document you want to make sure that your company's desired name is unique go ahead and click on this link don't worry all the mentioned links will be in the description of this video to make this process easier here you can type in your desired name and click search if it says the name is available you will be able to file for a company under the name you've chosen don't forget that the name of your llc must contain either one of the phrases llc l.l.c or limited liability company now we can move on to how to file for an llc on this link this will open a document called articles of organization of a virginia limited liability company as you can see you may submit this form in three ways firstly we're going to look at how to mail this document in physical form and later in the video we will go through how to apply online firstly enter the complete company name which must include a limited liability company ending in section 2 provide the address of the principal office of your company you may not use a post office box after that you need to put in the name of the registered agent and provide one qualification that applies to them afterward provide the address of the registered agent essentially a registered agent is an individual or a company that will be an official point of contact between the state and the llc they will receive legal documents and official communications from the state and forward them to the company although you can technically be your own registered agent the benefits of using a professional are that you will always have someone to rely on to do this important legal paperwork while you're dealing with the business side of owning a company other than this printed and signed document the letter also needs to contain 100 for the fee the address you need to mail it to is at the top of the instructions page lastly there is also an easy way to apply online create an account and log on to this website i will now take you through an instructional pdf that explains how to proceed after you've registered your account click online services on the top left under business entities click new businesses choose limited liability company and then articles of organization from the drop down menu and then click continue review the business entity name information if you've reserved the name click the radio button next to yes enter the reservation id and pin and click search review the entity name and then click update name and then next if you haven't reserved a name you will need to check the availability of your entity name after you've done that put in your email and contact number choose an industry code from the business type most people select zero general under duration selective the entity is intended to exist forever or enter the date it will end most people select perpetual you will again need to choose an ra or registered agent you can search for an existing ra or create an individual ra after that enter the principal office address information select the management structure from the manager member information drop down and click next you have an option to upload articles of organization if you choose to skip the system will create a file and image for you based on the information you entered add your signature and then click next again review each section of the document and make any necessary edits then add the item to shopping cart and check out all you need to do from here is fill in your payment and billing details and check out i hope this video was helpful on how to file for a limited liability company in virginia thank you for watching if you found this video helpful please subscribe share like and comment if you have any recommendations for future videos post them in the comments
Thanks for your comment Tristan Schaudel, have a nice day.
- Suk Mcravin, Staff Member
the following information is provided for educational purposes only and in no way constitutes legal tax or financial advice for legal tax or financial advice specific to your business needs we encourage you to consult with a licensed attorney and/or CPA in your state the following information is copyright protected no part of this lesson may be redistributed copied modified or adapted without prior written consent of the author a limited liability company is a hybrid between a corporation and a partnership an LLC protects your assets in the event of a lawsuit in order to form your LLC you must file LLC formation documents with the State Corporation Commission once your documents are approved and sent back to you your LLC is now in existence and authorized to do business in the state we have spent considerable time to make the details of this video simple and easy to understand however we cover a lot of ground and you are going to hear a lot of new terminology we do recommend that after you watch this video you watch it a second time in order to fully comprehend all the information provided please make sure you have watched the first lesson on researching your LLC's name your desired LLC name must be available for use before you proceed with filing your LLC formation documents your LLC is required to list a registered office and a registered agent within your LLC formation documents the registered office is a physical address it cannot be a Pio box located in the state where your LLC is formed a registered agent is a person or a company who agrees to accept legal mail and important documents on behalf of your LLC the registered agent is located at the registered office and is generally accessible during normal business hours in Virginia you have two options for choosing a registered agent the first option is to have one of the members of your LLC serve as the registered agent the second option is to hire a company known as a commercial registered agent which we'll discuss in just a minute in either case the purpose of a registered agent is to designate someone to accept service of process on behalf of your LLC service of process is the delivery of legal mail and important documents sent from the state or a law firm to your LLC important documents from the state can include items such as annual registration notices payment reminders and copies of formation documents legal documents can include items such as subpoenas and/or complaints for legal action the purpose of a registered agent and the registered office is to be a point of contact for the state and to accept service of process for your LLC if you don't have an address in the state that you can use or you don't want to serve as your LLC's registered agent you should hire a commercial registered agent a commercial registered agent will receive important documents on behalf of your LLC and then forward them to you at any address you like using a commercial registered agent may also help protect your privacy as the information listed in the LLC formation documents may become public record a commercial registered agent is a company that specializes in receiving service of process on behalf of businesses nationwide they typically charge between 100 and 300 dollars per year if you decide to use a commercial registered agent we recommend a company called Northwest registered agent LLC they have been in the business for more than two decades and they have a solid reputation their fees are among the most affordable and their support is top-notch we've joined forces with them in order to provide registered agent services nationwide to our clients there's a link below this video where you can find instructions on how to sign up for the registered agent services now let's discuss your LLC formation documents the name of the LLC formation document for the state of Virginia is called the articles of organization this document is not complicated and it contains basic information including listing your registered off and registered agent we will walk you through the details of the articles of organization in just a moment and we will make sure you get it filled out correctly once your articles of organization are completed you will need to submit them to the state along with the filing fee the filing fee for forming an LLC in Virginia is $100 you will find the accepted forms of payment and the address were to send your articles of organization to below this video when submitting your articles of organization to the state it must contain original signatures the state will not accept a photocopy of your articles of organization it is a good idea however to make a copy of your articles of organization keep that copy with your business records and then send the original to the state once you mail the filing fee of $100 along with your articles of organization the state will review and process your paperwork if there are any issues the state will mail back a letter with instructions on what needs to be corrected if there are no issues with your filing the state will mail back a certificate and a receipt and approximately 10 to 15 business days the certificate and the receipt will be mailed to your registered agent the certificate is a document stating that your LLC is now authorized to do business in the state the receipt shows proof of payment and also contains your State Corporation Commission ID number also known as your SCC ID number this is a number that is unique to your LLC that you will need when filing taxes and paying your annual registration fee will discuss the annual registration fee in just a minute do not order your EIN also known as your federal tax ID number or start to use your LLC for any business purposes until your LLC has been approved although Virginia sends you a certificate and a receipt they do not send back a copy of your articles of organization because of this we recommend you obtain a certified copy of your articles of organization when you mail your paperwork a certified copy will likely be needed when your LLC opens a bank account purchases real estate and obtains business licenses and permits it may also be required by other institutions depending on your type of business in order to obtain a certified copy you must submit a written request to the state along with an additional three dollars and fifty cents we've made this step easy for you and have prepared a request for certified copy which you can download below this video you will need to fill out the request for certified copy and then mail it along with your paperwork you can just send one payment for both the LLC filing fee and the certified copy together this means your check or money order will total one hundred and three dollars and fifty cents as part of the ongoing requirements for your LLC Virginia requires that you pay an annual registration fee the annual registration fee is $50 and it will first be due one year after your LLC's approval it will be due before the last day of your anniversary month your anniversary month is the month shown on your certificate for example if the approval date of your LLC
Thanks Bertha your participation is very much appreciated
- Suk Mcravin
About the author
I've studied industrial organization at University of Hawaii at Hilo in Hilo and I am an expert in economic anthropology. I usually feel crushed. My previous job was municipal fire fighting supervisor I held this position for 24 years, I love talking about hobby horsing and snowboarding. Huge fan of Rupert Grint I practice rope climbing and collect chemical elements.
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