What is an LLC?

Find the right LLC attorney in Winchester, 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. Like a corporation, the LLC can also have an endless amount of shareholders, called members. Unlike a corporation however, if a member dies, files for bankruptcy, or otherwise leaves the LLC, the company is dissolved. Many business forms have traditionally been aimed at the goal of limited liability, but the LLC is the most modern of these forms, having become popular since the enactment of laws in Virginia that authorized its formation.

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. However, fees are regularly required to form a LLC. The actions of LLC's as well as the costs for operating them are determined by Virginia law. You should consider these laws when deciding whether to organize your business as an LLC. Finding the right business structure for your company might take some effort, but it will ultimately make your business more profitable.

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

Changing business forms in Winchester can be done if a company's situation meets certain conditions. Conversion to a LLC is possible if Virginia law permits it in your situation.

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 Winchester

The beautiful Winchester, Virginia is located in the northwestern portion of the state and home to just over 26,000 residents. The city of Winchester is part of Frederick County.

Winchester is a city that played a pivotal role in the French and Indian War and the Civil War, and the Revolutionary War. Not surprisingly, the city has many historical monuments remembering those wars. During the Civil War, Winchester was one of the key strategic positions for the Confederate Army.

In addition to war relics, Winchester is also home to the annual Shenandoah Apple Blossom Festivals, which attracts over 250,000 visitors a year. Education is also important in Winchester, which is home to Shenandoah University.

The professional community in Winchester is also thriving. Winchester lawyers are some of the best in the business and are skilled in a range of legal practices. Winchester lawyers are always available to help their neighbor!

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