How Much Does It Cost to Register an LLC in VA?

One of the initial actions you must do if you intend to launch a business in Virginia is to register your LLC. There are a few variables that can affect how much it will cost to form an LLC in Virginia. This article will cover the price of forming an LLC in Virginia, whether you can act as your own registered agent, how to safeguard your company name, and how to give your small business a unique identity. The price of forming an LLC in Virginia

In Virginia, establishing an LLC costs $100. At the time that you file your articles of organization, you must pay this charge to the State Corporation Commission (SCC). You can also pay an extra cost of $100 for 1-hour service or $50 for 24-hour service if you require expedited processing.

In Virginia, you are permitted to act as your own registered agent. A registered agent is the person or business that receives critical mail and legal papers on behalf of your LLC. You have the option of serving as the LLC’s registered agent or appointing a different person to do so. How to Safeguard Your Business Name

You must perform a name search to confirm that the name you intend to use is available if you want to protect your business name in Virginia. You can do this by contacting the SCC personally or through its website. Once you’ve established that the name you want is available, you may submit a Name Reservation Request form to the SCC to reserve it for 120 days.

How to Choose a Small Business Name

There are certain factors to consider while naming your small business in Virginia. First, your company name ought to be distinctive and not too close to any already existing businesses in Virginia. Second, it should be simple to pronounce and memorable. Finally, the name of your company should accurately describe the goods or services it provides. Can I Trade Under Another Name?

In Virginia, you can trade under a different name. A “doing business as” (DBA) name is what this is. You must submit a Certificate of Assumed or Fictitious Name to the SCC in order to utilize a DBA name. By doing this, you’ll be able to continue using the legal name of your LLC while operating your firm under a different name.

In conclusion, you can serve as your own registered agent and it costs $100 to create an LLC in Virginia. If you wish to trade under a different name, think about utilizing a DBA name when naming your small business. Also, make sure to conduct a name search before selecting a name.