Incorporate business in U.S.
Incorporate in Virginia - State RequirementsIt is time well spent for you to research if your company will be better served by incorporation in a different state, other than your home state, before you move forward with plans to incorporate in Virginia. The law does not require that you incorporate your business in the state where your business is headquartered.
Because the state of Delaware provides the most progressive, supportive and inexpensive system for the formation of business entities, many experts recommend that you consider incorporation in Delaware, before you settle on registration in your home state. In fact, at least 50% of all Fortune 500 companies incorporate in the state of Delaware. For those companies the streamlined corporate bylaws, anonymity and tax benefits of Delaware are important business factors.
Whether incorporating in Delaware would have a significant impact on the operations of your company is an issue that you should explore before making a final business decision. We recommend that you read the "Incorporate in Delaware" article on this site. Then, either continue with your review of this article, and other steps to incorporate in Virginia, or begin the simple procedures that exist to carry out your incorporation in Delaware.
Virginia Name Search, Selection and RegistrationA name search is a mandatory requirement of the company name registration process. Upon conclusion of the name search, any proposed name for a new corporation that is a duplicate of the name for an existing corporation will be denied registration. Following the same guidelines, any proposed name for a new corporation that can be construed as or mistaken for an existing domestic or foreign corporation will also be denied registration.
Names may not contain wording that implies that the corporation is organized to do business in a manner other than what is stated within the official filing of registration. The word "Incorporated," "Corporation," "Company," "Limited," or an abbreviated version of any of these signifiers must be included as part of the incorporated business name.
Virginia Incorporation, Board and Operations Requirements
If you want to learn more about the procedures that must be followed to incorporate in Virginia, you can read detailed articles on this site that explain how to select a business entity, as well as articles that outline the step-by-step process of incorporation.
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