Virginia Company Formation

Forming an LLC in Virginia

The Process

Virginia LLCs are formed in around three to five business days. The state does offer an expedited service, reducing incorporation time to one business day, albeit at an extra charge.

Name Identifiers and Abbreviations

The name of the Virginia LLC must end with one of the following words or abbreviations:

• LLC
• L.L.C.
• Limited Liability Company

Operating Agreement

An Operating Agreement will help to protect your company’s limited liability status and avoid your company from being run by the default rules created by the state. Although Virginia does not mandate all LLCs to have an Operating Agreement, it is recommended that you have one.

Additional Filings

Depending on the nature of your business, some additional filings could be necessary to complete the proper set-up of your LLC:

• EIN – Tax Identification Number – available as an optional extra for non-US residents.
• Sales tax registration
• Payroll registration and business licensing
• All entities conducting business in the Commonwealth of Virginia must register their business with the Virginia Department of Taxation (TAX) and receive a Virginia tax account number.