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Incorporating a business makes it more attractive to investors and potential partners while protecting against legal liability and debt. However, business incorporation is a complex process, often requiring extensive paperwork and preparation. Gathering the necessary documents in advance can help you navigate the process as quickly and efficiently as possible.

What You Need For the Business Incorporation Process

1. A Valid Business Name

Every incorporated business requires a unique name that isn’t shared by any other entities in the state. Most states provide an easily accessible online search tool that allows you to research available names before preparing your paperwork. If you’re considering incorporating in Virginia, access the Business Entity Search tool online, free of charge.

2. Names of Incorporators & Directors

Your initial business incorporation paperwork must name both the incorporator and the director. The incorporator is the individual responsible for actually managing the incorporation process, while the director will be responsible for actually managing the company. In Virginia, your articles of incorporation don’t have to list corporate officers, although you may choose to do so.

3. A Registered Agent

business incorporationThe registered agent is the individual responsible for receiving mail at your official address. The director of the corporation may also serve as the registered agent, or you may select your business attorney or accountant.

4. Articles of Incorporation

The term “articles of incorporation” refers to the document that officially forms the corporate entity. Your articles of incorporation should include the names of registered agents, the business address, and a description of the economic activities you’ll be participating in.


 

Business incorporation can be confusing and complicated, but a skilled business attorney will handle the details and ensure your paperwork is prepared correctly. As one of the Shenandoah Valley’s oldest law firms, PoindexterHill, P.C. has been providing detailed legal services to entrepreneurs throughout the Waynesboro, VA, area since 1976. Visit their website for more on their business law services or call (540) 943-1118 to schedule a consultation.

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