Before You Create an LLC in Virginia, You Must Resolve These 4 Issues

In order to properly create an LLC in Virginia, there areThird, you need to determine who will be the registered
4 major matters that should be thought through wellagent for your business entity. In Virginia, every Va
and decided upon. By ignoring these 4 things, you runlimited liability company must appoint and continuously
the risk of an improper or incomplete formation of yourmaintain a registered agent and Virginia registered
Va limited liability company.office on file with the state agency.
First, you need to decide whether you are going toA registered agent must have a permanent, physical
create your Va LLC yourself or use a third party toaddress located in Virginia where legal papers can be
help you. While many choose to use a businessaccepted by a person during normal business hours. In
lawyer, a lawyer is not necessarily for the actualaddition, the agent must be a member of the entity, a
formation process. The rules and requirements arelegal entity that is properly and actively registered in
straightforward and there are reputable services outthe state of Virginia or a Virginia lawyer who is in good
there who provide this service to Virginia businessstanding with the Virginia State Bar.
owners.Fourth, you must come up with a plan for preparing
You can perform this service yourself if desired. Youand adopting a Virginia LLC Operating Agreement. The
need to review the Virginia Limited Liability CompanyLLC Agreement evidences ownership and puts in
Act and the documents and instructions put out by theplace a management structure for a Va limited liability
Virginia State Corporation Commission.company.
If you want to save time, money and stress, and gainWhen you create an LLC in Virginia, the formation only
peace of mind that the filing is done properly, there arecreates the legal shell entity itself. More action is
online formation services companies that specialize inrequired to create owners of the Va limited liability
proper LLC filings. Just be sure you are using one thatcompany by issuing ownership units to members. In
is experienced and reputable when it comes toaddition, a shell legal vehicle does not automatically
creating an LLC in Virginia.have a set of laws or rules to govern it. While the Va
Second, you need to decide on a name for your VaLLC Act has some default rules, the law strongly
limited liability company. The name must not be theassumes a written agreement among the LLC and its
same or similar to another name being used by amembers will be adopted for every Va LLC.
Virginia legal entity or a name that has been filed forHaving a written Virginia LLC Operating Agreement will
use by a Virginia business in the state corporationprovide a user manual for your Va limited liability
records. You can call the Virginia state agency tocompany which in turn makes operating your business
check on names or a reputable online formationeasier and with significantly reduced risk of
service will provide this service for you as part of itsmisunderstandings and disputes among owners and
services.managers.