Do I Need a Lawyer to Start a Business in Virginia?
It may seem surprisingly easy to start a business in Virginia but it’s important to do so in a way that protects you. So, if you ask, “do I need a lawyer to start a business in Virginia?” Technically, no. But is it a smart move that will save you trouble later? Absolutely. Benefits of Hiring a Lawyer If you choose an attorney that has already helped start several businesses over their career, he/she has a wealth of knowledge and experience to offer. They will know the tips and tricks to help you start off on the right foot and avoid common pitfalls. Navigating Legal Structure When starting a business in Virginia you must choose a legal structure under which to operate. While the “default” is a sole proprietorship, this may not be the best choice for you. Many small business owners choose a limited liability company for a variety of tax and liability reasons, or if they have started as a sole proprietorship, they often convert to LLC. Your business attorney can help you navigate these choices. Registration Requirements An attorney can help ensure that your business qualifies for the business type you choose and meet necessary state filing