Our state incorporation series today focuses on The Old Dominion: Virginia. In the past few years, Virginia has established itself as one of the top states in the U.S. in which to do business.
Our website includes summary of our services, and what you’ll need to know to incorporate a business in Virginia.
Benefits of incorporating in Virginia
Virginia is one of the top states for business in several key areas, according to a study by Business Facilities.
- #1 in Economic Growth Potential
- #3 in Business Climate
- #9 in Employment Leaders.
According to the Small Business Administration, small business in Virginia accounts for 98% of the state’s employers and 48% of its private-sector employment. The number of minority-owned businesses has increased 51% since 2002.
Time and cost to incorporate in Virginia
The ease and speed with which a business is incorporated in Virginia can vary based on the company name and category of business activity. When incorporating an ordinary corporation or LLC, the average processing time is 4-6 weeks. For an additional fee of $100, the state will expedite the process in a week. The state’s fee to incorporate an ordinary corporation is $79; an LLC is $104.
Direct Incorporation’s Virginia incorporation services
We offer three packages to assist you with incorporating in Virginia, with prices ranging from $149 to $773. For more information on our Virginia incorporation services, click on a link below.
- Standard Package
- Premier Package
- Venture Package
Do you have questions about incorporating your business in Virginia? Please leave a comment below and I will try to answer them. Thanks!