Yes, Virginia requires LLCs to have a registered agent. The Articles of Organization, a legal document that creates your LLC, must name the registered agent. An individual Virginia citizen, a Virginia-based business, or a foreign business entity that is permitted to conduct business in Virginia can all serve as the registered agent. Is It Legal for Me to Act as My Own Registered Agent?
You are permitted to serve as your LLC’s registered agent in Virginia if you have a physical address there and are accessible during regular business hours. But there are benefits to working with a seasoned registered agent service, including privacy, simplicity, and dependability. A reputable registered agent service can also make sure that you don’t overlook any crucial deadlines or papers. What Should I Look for in a Registered Agent? There are a number of things to think about before using a registered agent service. First, confirm that the registered agent is readily accessible during regular business hours and has a physical address in Virginia. Second, think about how much the service will cost and whether it fits into your budget. Thirdly, search for testimonials and advice from other LLC owners. In order to confirm that the registered agent service is dependable and trustworthy, verify their reputation and experience. Can an LLC in Virginia Own Another LLC?
In Virginia, an LLC is permitted to own another LLC. This is referred to as an LLC subsidiary. The subsidiary LLC is a distinct legal entity from the parent LLC, and it has its own operating agreement, registered agent, and articles of organization. By owning membership interests in the subsidiary LLC, the parent LLC can exert control over the subsidiary LLC. To be sure that this structure is suitable for your business objectives and tax circumstances, it’s crucial to speak with a lawyer or tax expert.
In conclusion, you must have a registered agent if you own an LLC in Virginia. You have the option of acting as the registered agent yourself or using a reputable registered agent service. A registered agent service should be selected after taking into account variables including availability, pricing, reputation, and experience. Through a subsidiary structure, an LLC can also own another LLC in Virginia, but it’s crucial to speak with experts to make sure this is the best option for your company.