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Virginia, like every other state, has its own unique requirements for forming an LLC (Limited Liability Company). Learning Virginia’s rules will help you determine if Virginia is the right state for your LLC and help you prepare for the formation process.
In Virginia, the name of an LLC must contain one of the following: "limited company" or "limited liability company," "L.C.," "LC," "L.L.C.," or "LLC." The name may not be confusingly similar to that of any domestic or foreign LLC, corporation, limited partnerships, or business trust, whether the name is in use, reserved, registered, or adopted as a fictitious name by a foreign entity.
The following are Virginia’s requirements for the members and managers of LLCs:
A Virginia LLC is formed by filing Articles of Organization and paying the required fee. Virginia does not require extensive information to be provided in the Articles. The following is among the required information:
Every Virginia LLC must appoint and maintain a Virginia Registered Agent and a Registered Office where the Registered Agent can be found during normal business hours throughout the year to accept Service of Process and other important legal and tax documents on behalf of the LLC. The Registered Office must have a street address—a post office box will not do.
Virginia allows professionals, such as accountants, attorneys, and physicians, to form a professional limited liability company (PLLC).
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