Virginia LLC | How to start an LLC in Virginia (in 2023)

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  • Опубликовано: 24 июл 2024
  • Setup your LLC with Bizee (formerly Incfile) is fast, easy and cost-effective. Get started ➡️ bizbuddy.com/bizee On 12/1/23 Incfile rebranded to Bizee as they're offering a full suite of business services beyond just business formation. Check them out! ➡️ bizbuddy.com/bizee
    ★★★ 3 Methods to Start an LLC in Virginia and what to avoid!
    For complex businesses that carry more liability, you should consult with an attorney. I recommend Anderson Advisors. They offer a free 45-minute consult ➡️ thebizbud.co/anderson-advisors
    Thank you for using our affiliate link as we earn commissions if you use our links. There is no additional charge for you and we make a $20 donation to charity on your behalf when you use our LLC formation links.
    Other Resources Mentioned:
    IRS LLC FAQs ➡️ www.irs.gov/businesses/small-...
    VA LLC Filing Tips ➡️ www.scc.virginia.gov/pages/Fo...
    Table of Contents:
    0:00 Intro to VA LLC
    0:59 Start Your Business Checklist
    1:45 IRS resources and EIN
    2:19 Virginia Site LLC Resources
    3:16 Cost to File an LLC In Virginia
    4:23 Pierce the Corporate Veil
    4:30 What does an LLC do?
    5:05 What is a registered agent?
    6:26 How to find a VA LLC attorney
    7:30 Using Bizee to file an LLC
    10:30 Save on taxes with an S-Corp
    #LLC #VA #bizee
    Disclaimer- I am not an attorney or a CPA, just a small business owner who has researched this information thoroughly while setting up my own LLC (S-Corp now). This is meant as educational information but now legal advice in any way. If you need legal advice please consult with your attorney and CPA on the best fit for your needs.
    DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This help support the channel and allows us to continue to make videos like this. Thank you for the support!

Комментарии • 40

  • @bizbud
    @bizbud  3 года назад +1

    For most people, Bizee (formerly Incfile) is the way to go because it's fast, easy, and cost-effective. Setup your LLC today bizbuddy.com/bizee
    Thank you for using my affiliate link because it helps to support my RUclips channel so I can make more educational content! I truly appreciate it.

  • @jean-marcplantin7306
    @jean-marcplantin7306 Год назад +2

    Thanks Eric! This helped a lot and great explanation.

  • @anabentley1345
    @anabentley1345 2 года назад +7

    This was incredibly amazing information! I was just able to register my business because of your video. Thank you!

  • @jordanpackjohnny8406
    @jordanpackjohnny8406 2 года назад +1

    Thank you for this great video. Very informative!

  • @Mo_T333
    @Mo_T333 2 года назад +1

    Awesome video, thanks so much for sharing the information that you learned from your experiences and hassles. Take care, God Bless

  • @flowergirl9685
    @flowergirl9685 8 месяцев назад

    Thank you soooo much for this. It was so hard to find out what do do!

  • @setota7431
    @setota7431 3 года назад +1

    this helped so much, thank you!

  • @BurnoutTV
    @BurnoutTV 3 года назад +3

    THANK YOU SO MUCH FOR THIS.

  • @shalondanicholemua7424
    @shalondanicholemua7424 2 года назад

    Thanks much for this!! Definitely followed

  • @bradyordwaytcl
    @bradyordwaytcl 3 года назад +12

    This should have so many more views than it does, incredibly informal thank you buddy

  • @miap.3360
    @miap.3360 3 года назад

    Thank you for breaking it down for me.

  • @pdesai4202
    @pdesai4202 3 года назад

    Thank you for this video

  • @kingdomnotaryllc1927
    @kingdomnotaryllc1927 3 года назад +1

    Awesome video much appreciated! Another option to incorporation is Corporate Direct which is led by Robert Kiyosaki's lawyer, Garett Sutton.

  • @Creative_olgamak
    @Creative_olgamak Год назад

    THANK YOU!!! 🙌🏻

  • @chadroach4689
    @chadroach4689 3 года назад

    Great video!

  • @Bubblesrv81
    @Bubblesrv81 3 года назад

    Thank you so much 😊

  • @kaitlynburdette4981
    @kaitlynburdette4981 Год назад

    Makingy LLC now with your affiliate link!! thank you so much

  • @tichinadais
    @tichinadais Год назад +1

    Thank you much woo

  • @chanellekirch
    @chanellekirch 2 года назад

    Thank you

  • @cbirdtherider1321
    @cbirdtherider1321 2 года назад

    Thanks

  • @walt7197
    @walt7197 2 года назад

    Great information, sorry I am new and really confused with INC File because they said will include a letter from the commisioner of the state of California...but I living in Virginia and I need to pay my state taxes here too. Is that matter?, or they use my application address to apply for a LLC in Virginia.
    Also if I want to open a business account in VA, can they ask why my LLC is created in another state if INC files use just California?. I will appreciate your help, thank you.

  • @xDCMTx
    @xDCMTx Год назад +1

    what does "Name in Jurisdiction of Formation" mean? i cant find a definition for that online or through the state site.

  • @moderntestimony7964
    @moderntestimony7964 3 года назад

    Nice video

  • @wattsobx
    @wattsobx 3 года назад +1

    Does Virginia allow for S corp? If so would that be move tax advantaged than going the LLC route?

  • @Abundanthealthcoach
    @Abundanthealthcoach 2 года назад +2

    I set up my biz w incfile and had a very bad experience w Bank of America -it’s a special # n they give horrible customer service

  • @iamtherealwill
    @iamtherealwill Год назад

    How do you find out if your LLC or trademark is available???

  • @Crade72
    @Crade72 10 месяцев назад

    This video answered so many questions, but do i an EIN business tax number if im not going to be hiring anyone?

  • @juanalvarez3116
    @juanalvarez3116 5 месяцев назад

    Not just a regular business license, but my consulting if I need an electrician license to get a license for my business… I work like subcontractor..

    • @bizbud
      @bizbud  5 месяцев назад

      Honestly not 100% sure. My guess is business license first then get your license/permits to be an electrician but let me know what you find.

  • @Indi_DevJames
    @Indi_DevJames 3 года назад

    I'm so confused I've changed my name 2 times now I have a EIN but it's registered to the old name and I can't open a bank account till I fix that and fill out my article of operations but Idk if I can do that or if I need to wait for the irs to get my new name associated with my EIN

    • @Indi_DevJames
      @Indi_DevJames 3 года назад

      Also don't know what to send the irs lol

  • @user-mr7hj6pz7q
    @user-mr7hj6pz7q 5 месяцев назад

    do i need to have my electric license to get business license, i have one llc

    • @bizbud
      @bizbud  5 месяцев назад

      Are you talking about electricians license?

  • @jazminjackson4776
    @jazminjackson4776 Год назад +1

    So can you always go back and add a RA?

    • @bizbud
      @bizbud  Год назад

      Yup. You can change that out however you see fit.

  • @shannenp.9664
    @shannenp.9664 3 года назад +1

    Is the registered agent fee tax deductible?

    • @bizbud
      @bizbud  3 года назад +2

      Yes they are.

  • @da9560
    @da9560 3 года назад

    How do you form an LLC with 2 owners?

    • @furonwarrior
      @furonwarrior 3 года назад +1

      Look into Dual proprietorship business license.