Virginia Company Formation

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Virginia is located adjacent to Washington DC and its proximity to huge consumer power means that 6% of all U.S. consumers live within 745 miles of the state. The state has been highly ranked for its living conditions as well as for its business environment, which has a low cost of doing business, highly skilled workforce, and liberal regulatory environment. Transportation in Virginia is facilitative for both trade and individuals across air, land and sea.

Universal Company Incorporations has a huge breadth of experience in Virginian company formation and will meet all of your specific business requirements. The expert support of our team will ensure compliance with all legalities, allowing you to focus on your core business.

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Further Information

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There are several types of business structures available in Virginia, each with their own benefits and limitations as well as taxes, owner relationships, and legal liability. The one best for your business depends on your requirements and objectives. The main forms are Sole Proprietorships, Limited Liability Companies (LLCs), General Partnerships, and Corporations.

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Virginia has no state Property or Inheritance Tax and Sales Tax is low at just 4%. There are various tax incentives and support for businesses in Virginia. These include the Governor’s Opportunity Fund, Virginia Investment Partnership Act, the Virginia Economic Development Incentive Grant (VEDIG), Clean Energy Manufacturing Incentive Grant, Virginia Jobs Investment Program (VJIP), and Corporate Income Tax Credits.

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