Planning Your Estate With Us

Please see the list below for introductory information about starting a business in Virginia.  This list is not industry specific, and it does not cover all of the regulations that may apply to your business.  For a comprehensive review of your business’ requirements, liability, and potential legal issues, please set up an intake appointment with our firm.

The legal requirements for starting a business in Virginia include:

• Business Entity Selection: Choose the appropriate legal structure for your business, such as a limited liability company (“LLC”) or a corporation.  Have your lawyer draft proper governance documents so that the corporate veil selected protects your personal assets from your new business activity. 
• Business Name Registration And Protection: Select a name for your enterprise. Coordinate filings to ensure the protection and registration of the name.   Protect your trademarks and intellectual property.   
• Obtain Necessary Licenses and Permits: Depending on the nature of your business, you may need specific licenses or permits. 
• Business Insurance: Obtaining appropriate insurance coverage for your business.
• Compliance with Employment Laws: Comply with employment laws as applicable to your business.  Have your lawyer draft contracts that protect your enterprise.
• Local Regulations: Check with the local county or city government for any additional rules that may apply. 
• Federal Tax Planning.  If Your business may or may not need a federal EIN, a sub-chapter S-election, or other filings pursuant to the Internal Revenue Code and its opportunities and threats.   
• Register for State Taxes: Register with the Virginia Department of Taxation to fulfill your state tax obligations, such as the state income tax, employer withholding taxes, and sales taxes.