Virginia LLC

How to Form an LLC in Virginia

How to Form an LLC in VirginiaA Virginia Limited Liability Company (LLC) is a legal structure used to protect your personal assets (home, car, bank account) in the event your business is sued.

An LLC can be used to operate a business, or an LLC can be used to hold assets (such as real estate, vehicles, boats, or aircraft).

Forming an LLC in Virginia is simple. Search your Virginia LLC name in the state database, file your LLC Articles of Organization and pay the state filing fee ($100).

After your Virginia LLC is approved, complete your Operating Agreement, obtain a Federal Tax ID Number, and pay your $50 Annual Registration Fee every year (see Lesson 2 video at 7m 30s).

We’ve created a free video course that will walk you through forming your own Virginia LLC, step-by-step.

On desktop, the video lessons are listed on your right. On mobile, the video lessons are listed at the bottom of the page.

Need to save time? Have a professional LLC service file for you:
IncFile ($49 + state fee) or LegalZoom ($149 + state fee)
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Matt Horwitz
Founder & Educator at LLC University

Forming an LLC shouldn’t be so complicated. Our step-by-step guide will make the process a breeze – and no complex legal jargon! We teach people how to form an LLC for free in all 50 states. We hope you find our free guides and resources helpful in your entrepreneurial journey.


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2 Comments

  1. cheryl October 21, 2017

    I am the only member of my llc and would like to add a non member as a signer on the business account in case of emergencies…does her ability to draw from the account dissolve upon my death?

    reply
    • Matt Horwitz October 23, 2017

      Hi Cheryl, I imagine it does not, but I’d check with the bank (as I’m not 100% sure), since adding this non-member as a signer would be done with the bank, and likely on their documentation. Whichever option you choose, I’d also draft a separate document (or add to your Operating Agreement) which includes your desired outcome. Also keep in mind, that if you pass away, and even with an agreement in place, that might not stop someone from continuing to draw on the account.

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