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Technically, your operating agreement can cover anything (within the law) not already covered by West Virginia's Uniform Limited Liability Company Act. However, having a strong operating agreement is essential, and should include information about the following: Transfer of membership interest.
Filing the registration paperwork to officially form your Virginia LLC will cost $100. You'll also need to pay a yearly $50 fee to file your Virginia Annual Registration.
Below, we'll take you through each step required to start your West Virginia LLC. Name Your LLC. ... Designate a Registered Agent. ... Submit LLC Articles of Organization. ... Write an LLC Operating Agreement. ... Get an EIN. ... Open a Bank Account. ... Fund the LLC. ... File State Reports & Taxes.
Register Your West Virginia LLC To register the LLC, you'll file Articles of Organization with the Secretary of State. The cost is $100 (waived for veteran-owned LLCs), and it takes five to ten business days to process the request. You can expedite the filing with the following additional fees: 24 hours: $25.
The filing fee is state specific with the lowest cost being $40 (in Kentucky) and the most expensive cost being $500 (in Massachusetts). Most states' filing fees hover between $50 and $100.
West Virginia Foreign LLC Registration Register your out-of-state foreign company online by using WV Secretary of State's One Stop Business Portal. The filing fee for a West Virginia Foreign LLC is $150 and an additional $1 for filing online.
Virginia does not require an operating agreement in order to form an LLC, but executing one is highly advisable.
West Virginia LLC Processing Times Normal LLC processing time:Expedited LLC:West Virginia LLC by mail:5-10 business days (plus mail time)24 hours ($25 extra) plus 2 more optionsWest Virginia LLC online:5-10 business days24 hours ($25 extra) plus 2 more options