How is a Virginia limited liability company (Virginia LLC) formed in Virginia?
A Virginia LLC is formed when it is recognized as its own separate person under Virginia state law. The Virginia LLC laws require that a document containing certain statutorily required information be prepared and filed with the State along with a filing fee. Basically, a Virginia LLC is formed when propre filing papers have been processed with the State of Virginia and the State issues an official formation document. The processing time varies in Virginia depending on whether the filing is a regular or expedited filing and the workload of the State. Unlike other states, Virginia will not give a Virginia LLC a formation date of the day the documents were filed. Rather, the formation date of a Virginia LLC is the date the processing is completed by the State. Accordingly, it is strongly recommended that you not conduct any business activity until the Virginia LLC has been completely formed as this best protects your liability risk.
A Virginia LLC is formed when it is recognized as its own separate person under Virginia state law. The Virginia LLC laws require that a document containing certain statutorily required information be prepared and filed with the State along with a filing fee. Basically, a Virginia LLC is formed when propre filing papers have been processed with …
