LLC Cost in West Virginia – How Much to Pay for an LLC


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Perhaps you are hoping to form an LLC in West Virginia. People assume that starting an LLC is difficult and costly. However, it’s generally not difficult, and the cost would vary across states. We have all the info you need to know about the cost of forming an LLC, particularly the LLC cost in West Virginia.

West Virginia LLC Cost of Filing

Here are the costs involved in forming an LLC in West Virginia.

Cost of Filing Formation Certificates

The West Virginia Certificate of Formation is responsible for the majority of the cost, which could also vary depending on whether you’re forming a domestic LLC or a foreign LLC. Still, you can file both at the West Virginia Secretary of State

West Virginia Domestic LLC

  • Online Filing costs $100. 
  • Annual Report filing costs $25
  • Name Reservation fee costs $15
  • By Mail: Fill out the application form, and send it to any of the following addresses:
    • Charleston Office One-Stop Business Center 1615 Washington St. E. Charleston, WV 25311.
    • Clarksburg Office North Central WV Business Center 200 W. Main St. Clarksburg, WV 26301.
    • Martinsburg Office Eastern Panhandle Business Center 229 E. Martin St. Martinsburg, WV 25401.
      • Costs $100.

West Virginia Foreign LLC

  • Online Filing costs $150.
  • Annual Report filing costs $25
  • Name Reservation fee costs $25
  • By Mail: Fill out the application form, and send it to any of the following addresses:
    • Charleston Office One-Stop Business Center 1615 Washington St. E. Charleston, WV 25311.
    • Clarksburg Office North Central WV Business Center 200 W. Main St. Clarksburg, WV 26301.
    • Martinsburg Office Eastern Panhandle Business Center 229 E. Martin St. Martinsburg, WV 25401
      • Costs $150.

Note that filing online is ideal, not only because you need to go to the Secretary of State office, but also it would be faster. You won’t have to wait in a queue in doing so.

West Virginia LLC Formation Service or Registered Agent Fee

You need a registered agent to form an LLC in West Virginia, hence, added costs for service fees. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries.

LLC Service

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Business Permits and Licenses 

The business licenses depend on your business’s activity and location and are renewed yearly. As such, the cost will vary. Check the West Virginia Department of Revenue for regulatory boards or agencies requiring licensing. 

Taxes payable to the West Virginia Department of Revenue

To register an LLC in West Virginia, an LLC must pay several taxes to the federal and West Virginia governments. Let’s take a  look at some of the main taxes that are to be paid by LLCs in West Virginia. An LLC in the state of West Virginia pays two types of taxes to the West Virginia State Department of Revenue:

State Income Tax

While representing your LLC in West Virginia, you pay yourself. These earnings are reflected in your personal Tax return & can be calculated at the time of paying the Income Tax. 

The Standard West Virginia State Tax rate ranging from 3%  to  6.5% applies to your earnings. You can claim all the standard allowances & deductions upon filing the tax return.

State Sales & Use Tax 

The state of West Virginia levies Sales & use tax on tangible goods & services provided by an LLC. The State Sales & Use tax rate in West Virginia is 6%.

Federal Self-Employment Tax

All the members who run the LLC are self-employed members; because they pay themselves through the LLC. Federal Self Employment Tax, also known as Social Security or Medicare tax, is paid by all such members or managers. The Federal self-employment tax rate in West Virginia is 15.3 percent. 

Federal Income Tax

If you are in the state of West Virginia, you must pay Federal Income Tax, in addition to the State Income Tax. The amount of the Federal Income Tax depends upon your earnings, the income tax bracket your LLC falls, the deductions, & the manner/ mode of filing.

You pay Federal Income Tax on all the profits your LLC makes after calculating the deductions & allowances such as Healthcare or Retirement Plans.

Employee & Employer Taxes

An LLC that has several employees on payroll has to pay the Employee-Employer taxes. These taxes are calculated on the basis of various factors, e.g., the amount earned, number of employees, etc.

Cost Comparison between states

West Virginia is surrounded by many states, namely Kentucky, Virginia, Pennsylvania, Maryland, etc. Each of these states has a different rate of taxes levied on LLCs. Let us take a look at this comparative chart.

StatesFiling FeeAnnual/Biennial FeeSales Tax
West Virginia$100$256%
Pennsylvania$125None6%
Virginia$100$504.3%
Maryland$100$3006%
Kentucky$40$156%

Based on the kind of industry you LLC operated in, your LLC will be liable to some other taxes & duties. For Example, if your LLC is in the sector of import & export, you have to pay the import-export duty. You should consult with a professional to verify the tax rates or business costs of registering an LLC in West Virginia.

Other Costs

How Much Does It Cost to Maintain an LLC in West Virginia

To maintain an LLC in West Virginia you will need to pay an annual fee of $25 along with state income tax at 3% to 6.5%, sales & use tax at 6%, and federal taxes.

How much does it cost to maintain an LLC in West Virginia? There are several factors to consider before determining the fees. While most fees are one-time, there are some that you may have to pay more than you anticipated. For example, some organizations may require the company to obtain proof of compliance, such as a Certificate of Good Standing or existence. These fees are based on a variety of factors, including the type of business you are operating and the location of your LLC.

If you intend to hire employees, you will also have to pay for payroll and self-employment taxes. These taxes cover Medicare and Social Security obligations of the LLC. Additionally, you will have to pay Sales Tax and Withholding Tax if you plan on employing employees. You will also need to register for the state’s Sales Tax, Use Tax, and Unemployment Tax. You should also keep in mind that your business vehicle insurance policy should cover the costs of accidents or medical emergencies involving employees.

An LLC in West Virginia requires certain licensing and taxes. In addition, you must obtain an Employer Identification Number (EIN), which is issued by the Internal Revenue Service. You can apply for this license through mail or online. Once your LLC is registered, you must pay quarterly taxes and file annual reports with the Secretary of State. You must also have a registered agent in West Virginia. You can also hire a West Virginia LLC formation service to handle this process for you.

One of the most important things to consider when forming an LLC in West Virginia is the company name. Make sure you choose a name that is unique to your company. Then, make sure you check the availability of business names by searching online for registries. In West Virginia, you must ensure that your name is not already used by another business in the state. By registering a business name, you can save time and money in the long run.

Once your LLC is registered in West Virginia, you must file annual reports with the Secretary of State’s office. Every LLC in West Virginia must appoint an agent of process. This agent acts as the primary contact with the state, and accepts any service of process in the event of a lawsuit. When you file these reports, it’s important to make sure that your business remains compliant with state regulations.

As a small business owner, it is vital to stay compliant. A limited liability company must file annual reports with the Secretary of State and pay a registration tax. The state of West Virginia’s Business Owner’s Toolkit includes complete information on state tax requirements for LLCs in West Virginia. Furthermore, if you plan to hire employees, you’ll need to register your business name with the Secretary of State as a trade name. This application costs $25.

F.A.Qs

Can I start an LLC for free?

It is possible to form an LLC without professional help, but forms still have associated costs, regardless of where your LLC is formed.

Is an LLC expensive?

It is difficult to say whether forming an LLC is expensive. Nevertheless, the cost could be anywhere from $40 to $500. If you refuse to hire professionals, you’ll still have expenses like form fees to cover.

Does an LLC need a bank account?

The need to separate personal money from business funds, thus necessitating the creation of a business bank account for your LLC.

In Conclusion

The cost of West Virginia is much lower compared to other forms of business. Apart from the state filing fees and annual taxes, you might bear the cost of the registered agent. Compare the price of professional LLC services and choose the most affordable one.

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