What is an LLC?

Find the right LLC attorney in Annandale, VA

The Limited Liability Company, or LLC, is a business structure that combines the benefits of many traditional business forms. A LLC has the advantages of a corporation's limited liability, but avoids double taxation like a partnership or sole proprietorship. An LLC can also have an endless amount of shareholders, like a corporation. However, the LLC is dissolved if one of those members dies or files for bankruptcy. Limited liability has traditionally been a primary goal of many business forms, but since the legislature authorized it in Virginia, the modern LLC has become increasingly popular.

Can My Business Be Formed as an LLC?

Virginia allows a company to incorporate using the business form it chooses. To start as an LLC, a company just files the necessary form with the Secretary of State. There can be a fee required for opening your LLC, however. Applicable Virginia laws govern the formation of LLC's and their actions. When deciding whether to form a LLC, you should consider which laws would apply to your company. Although it might take some time to find, choosing the right business structure for your company will lead to increased profitability.

Can I Change the Form of My Business to an LLC?

A business in Annandale may change its form under certain conditions. Whether or not a business is eligible for conversion to a LLC is a determination made by applicable Virginia laws.

How Can an Attorney Help?

The decision of whether to form or convert to a LLC is best considered with the advice of local lawyers practicing business law in Virginia.

Talk to a Business Law Attorney now!

Life in Annandale

Annandale is one of the larger communities in Fairfax County, Virginia, with a population of about 55,000.

Quite a few technology companies have headquarters or major offices in Annandale. In addition to high-tech companies, many large multinationals have offices in Annandale, Virginia. This creates a significant demand for skilled labor in the area.

Annandale is also known for its ethnic diversity, particularly its large Korean population. In downtown Annandale, there are over 900 Korean-owned businesses, and the success of these businesses, and the Korean community as a whole, are a testament to the endurance of the American Dream.

Given its size, diversity, and saturation with businesses, Annandale, Virginia has a large number of lawyers. Annandale, Virginia lawyers likely need to handle issues ranging from simple divorce or child custody disputes, up to complex intellectual property matters (mostly for the technology companies located there). There are plenty of individual lawyers, as well as law firms, in Annandale, Virginia who can handle whatever legal issue you might have.

Also, Annandale's relative proximity to the University of Virginia, which boasts one of the most well-regarded law schools in the country, ensures that you are in a region which holds its lawyers to extremely high standards.

Whatever your legal issue, there is probably the right Annandale, Virginia lawyer to help you.

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