FAQ: Frequently Asked Questions For Virginia
Virginia Limited Liability Company

LLC Name Endings
LLC Requirements
Taxes and Fees
License Requirements




LLC Name Endings

  • The LLC name must end with "Limited Liability Company," "LLC,” or “L.
    L.C.”

LLC Requirements

Member/Manager Information

  • Minimum Number - one or more
  • Residence Requirements - no provision
  • Age Requirements - no provision
  • Members/managers are not required to be listed in the articles of
    organization

Taxes and Fees

Initial & Annual Statements

  • Annual Reports for both Corporations and LLCs must be filed with
    Virginia Commission every year. The annual registration fee
    assessment is mailed to the company's registered agent at the
    registered office address.
Taxes


License Requirements

  • Virginia requires most businesses to obtain a license and pay a fee if
    operating in the state. Please check with the state to make sure your
    business is complying with the license requirements for your particular
    profession.
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