What's a cheap way to start LLC in Virginia?

Question

I want to start a LLC for as little cost as possible. Legal Zoom wants $600! Is there a cheaper way/web site?

Thanks!

Answer 1

Why do you think you need to organize an LLC? Do you understand the difference between an LLC, an S corporation and a sole proprietor?

There are both legal and tax ramification to all these organizational structures.

I just googled "compare llc and s corp" and this is a good summary

http://www.powerhomebiz.com/vol136/struc...

You should be able to find a local lawyer who will charge no more than $600. That is a reasonable price. With a local person, you have an available resource for other issues. Legal Zoom will not answer your questions a month from now, I'll bet.

If you fail to maintain the formal details of your LLC, (On a year-to-year basis) you run the risk of someone "Piercing the corporate veil" (google it) which makes the corporate structure null and void and eliminates the liability protection.  

Answer 2

How much are you looking to spend? We can provide this service for you.

Our company is called eVentureBiz. Here's our incorporation page:

http://eventurebiz.com/incorporate/

We are also available to answer more questions for you and check out our blog for some articles on protecting your assets and business structures. Links are on the page listed above.

Take care and good luck,

John