West Virginia LLC
What is a West Virginia LLC?
A West Virginia LLC is a form of a business entity that combines the benefits of a corporation with the benefits of a partnership. Corporations provide limited liability to its owners/stockholders (meaning, generally, that the owners are not personally liable for the debts or obligations of the business) while partnerships provide pass-through single taxation to its owners (partners).
Corporate Filing Solutions offers online LLC formation services in all 50 United States plus Washington, D.C. Our services are fast, reliable, and affordable!
Benefits of Forming an LLC in West Virginia (WV):
Taxes: An LLC has the flexibility to be taxed as a sole proprietor, partnership, S-corp or C-corp.
Pass-through Taxation: Typically, LLCs will choose to be taxed as a partnership to avoid double taxation, which occurs in corporations. This allows LLCs to distribute their profit among members who then report it on their personal tax returns. The LLC is not a tax payer, but often is required to file a tax return.
Limited Liability: The owners (members) of the LLC enjoy personal protection against some or all liability of the debts and obligations of the LLC.
Annual Report:
LLCs must file an annual report by July 1st each year following the year their company becomes an LLC. There is a $25.00 fee for filing the annual report.
West Virginia (WV) LLC Guidelines:
A West Virginia LLC is formed in the State of West Virginia (WV) when the Articles of Organization are properly filed with the West Virginia (WV) Secretary of State’s office along with the required filing fee. The following information must be included in the West Virginia (WV) Articles of Organization:
-Name of the Company (your company’s name must end in either Limited Liability Company, L.L.C. or LLC)
-The principal address of your business
-The name of the Registered Agent and its West Virginia (WV) address
-The names of the designated manager(s) or member(s) who shall manage the company
CFS’s legal name and address in West Virginia (WV) are:
Corporate Filing Solutions, LLC
1113 Poca River Road North
Poca, WV 25159
NOTE: If you choose to use Corporate Filing Solutions Registered Agent services, we can list our West Virginia (WV) office location as your LLCs main West Virginia (WV) address for purposes of receiving important legal documents. This provides you with the flexibility to relocate your business within the State of West Virginia (WV) without having to file additional paper work and pay related fees.
Filing Fee:
The Secretary of State of West Virginia (WV) charges an LLC filing fee of $130.68 when you submit your company’s Articles of Organization.
Federal Beneficial Ownership Information Report Filing:
As a newly-formed LLC, you’ll probably need to submit a Beneficial Ownership Information (BOI) Report to the Financial Crimes Enforcement Network (FinCEN). The BOI report provides the federal government with basic information about your LLC and the people with the most power over your business decisions and profits. There’s no fee to file, and your information does not go on the public record.
Starting January 1, 2024, this report is due following company formation. This report is a little complicated, but we can make filing painless with our $9 BOI report filing service.
Registered Agent Information:
The Secretary of State of West Virginia (WV) requires all LLCs operating within West Virginia (WV) to have a designated registered agent at all times. The registered agent may be any individual or business with a physical West Virginia (WV) mailing address.
Corporate Filing Solutions provides affordable professional Registered Agent services in West Virginia (WV) as well as the other 49 United States and West Virginia, D.C. Our Registered Agent services cost $95 per year.