One of the initial actions you must do if you intend to launch a business in Virginia is to incorporate your company. Articles of Incorporation must be filed with the Virginia State Corporation Commission (SCC) in order to incorporate a business in Virginia. You can follow the instructions in this page to get Virginia articles of incorporation.
Step 1: Pick a Name for Your Company Choose a name for your company before submitting your articles of incorporation in Virginia. Your company name needs to be distinctive and easy to tell apart from any others listed with the Virginia SCC. On the SCC website, you may see if the business name you want is available.
Create Your Articles of Incorporation in Step 2 The preparation of your Articles of Incorporation is the next step. Your company becomes a corporation in Virginia by using the Articles of Incorporation, a legal document. You have two options for creating your articles of incorporation: either do it yourself or have a lawyer do it.
The following details must be included in the articles of incorporation:
– Your corporation’s name and address
– Your corporation’s mission
– The quantity and kind of stock shares your corporation is permitted to issue
– Your registered agent’s name and address
– The names and addresses of each incorporator
Step 3: Submit Your Articles of Incorporation to the Virginia State Corporation Commission Once your articles of incorporation are ready, you must submit them to the Virginia SCC. Your articles of incorporation can be submitted online or by mail. The filing fee is $100 for mail-in submissions and $75 for online submissions.
Update your articles of incorporation in Step 4 You can file an amendment with the Virginia SCC if your articles of incorporation need to be modified. An amendment requires a $25 online filing cost and a $75 mailing charge.
Step 5: Sign up with the Virginia SCC Once your articles of incorporation have been submitted, you must register with the Virginia SCC. To do business in Virginia, you must get a Certificate of Authority. Online or postal registration is an option. The filing price is $100 for online registration and $75 for mail-in registration.
In conclusion, forming a corporation in Virginia requires submitting Articles of Incorporation to the Virginia State Corporation Commission. The procedure can be completed online or by mail, and there are various filing fees. You can begin conducting business in Virginia once you have registered your company with the Virginia SCC.