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  • Va Scc Llc1014.1 2020

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INSTRUCTIONS TO FORM LLC1014.1 GUIDE FOR ARTICLES OF RESTATEMENT OF THE ARTICLES OF ORGANIZATION OF A VIRGINIA LIMITED LIABILITY COMPANY Filing Requirements Pay all fees and penalties before submitting.

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How to fill out the VA SCC LLC1014.1 online

This guide provides clear instructions for users on how to fill out the VA SCC LLC1014.1 form online. Whether you have prior experience or are new to digital document management, this step-by-step approach will assist you in completing the form accurately.

Follow the steps to fill out the VA SCC LLC1014.1 form online

  1. Click the ‘Get Form’ button to obtain the form and open it within the editor for completion.
  2. Enter the name of your limited liability company as it currently appears on record with the State Corporation Commission.
  3. Attach the text of the amended and restated articles of organization as a separate document.
  4. Indicate whether the restatement contains an amendment to the articles of organization by selecting 'contains' or 'does not contain'.
  5. Specify the date the restatement was adopted by your limited liability company.
  6. Detail how the restatement was approved by selecting the appropriate option: A, B, or C, consistent with your company's governance.
  7. Provide a signature from a person with delegated authority to manage the company, along with the date of signing.
  8. Print the name and title of the signatory, ensuring their capacity in relation to the company is clearly stated.
  9. Optionally, include a telephone number for contact purposes.
  10. Review all entered information for accuracy before finalizing. After confirming all details, you can save, download, print, or share the completed form.

Begin completing your VA SCC LLC1014.1 form online today for a smooth filing experience.

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The rate for the Virginia Corporation Income Tax is 6% of all taxable Virginia income. However, your due date will vary depending on when your LLC's fiscal year ends.

S-corporations: Corporations that have elected S status for federal purposes are automatically treated as S-corporations for Virginia purposes, and must file Form 502. Refer to the Pass-Through Entities page for information about S-corporation filing requirements. The tax rate is 6% of Virginia taxable income.

A limited liability company (LLC) is an unincorporated association of one or more members (the owners) who share in the profits and losses of the company's business. It is managed in ance with an operating agreement by one or more members (member-managed) or by one or more managers (manager-managed).

The main difference between a PLLC and an LLC is that the PLLC Act imposes restrictions on who may be an owner of a PLLC. A PLLC is only for professionals recognized in Virginia through applicable licensing or certification. ingly, for most Virginia PLLCs, all members must be professionally licensed.

The key point to remember is that an LLC is a type of business entity recognized under state law, whereas an “S” corporation is merely a tax classification (not to be confused with stock corporations, nonstock corporations, and benefit corporations which are three types of entities recognized under state law).

The Clerk's Information System (CIS) contains information on file in the Clerk's Office for Virginia and foreign corporations, limited liability companies, general and limited partnerships, and business trusts. CIS may be used to search for businesses.

Go to the directory on our website at https://.cms.dcjs.virginia.gov/GLSuiteWeb/Clients/VADCJS/Public/Verification/Business/Search.aspx.

A Virginia S corporation is a business entity in Virginia that is designated as an S corporation for tax purposes with the IRS. An S corporation is a C corporation that has taken S corporation election with the IRS, which will give it distinct tax advantages, the main one being pass-through taxation.

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