Form a Virgin Islands LLC (Limited Liability Company)

InCorp leads the industry in supplying low-cost and high-quality services in forming new Corporations, Virgin Islands Limited Liability Companies (LLCs), or any other forms of recognized business entities. We provide our services throughout all 50 United States, in addition to Washington D.C., Puerto Rico, and the U.S. Virgin Islands.

What Is an LLC?

A Virgin Islands Limited Liability Company or "LLC" is a distinct type of business structure that integrates various beneficial components of corporations, sole proprietorships, and partnerships into a simple, comprehensive, and flexible type of business framework that is widely used and favored amongst many small businesses.

How Can Forming a Virgin Islands Limited Liability Company Help Your Business?

• Easy to Run

  The concepts which helped create the LLC structure are intended to provide companies the freedom to contract. This means that owners only need to agree on how their business will operate, and the courts will uphold this agreement. LLCs are not bound to the same legal requirements as corporations, such as recording amendments, resolutions, meeting minutes, and annual board meetings. Most states will remove the asset and liability protection typically granted to the corporate structure if they do not meet these requirements. Nevada is a different example, though, as these corporate procedures are not legally required, and the corporate veil will not be pierced unless there are instances of fraud. Again, various factors will help establish which business structure is the best choice in forming your business.

• Tax Advantages

  The structure of an LLC legally separates owners of the business from the business itself (similar to a corporation). Also, it can choose to be treated like a partnership for tax purposes. In this situation, an LLC would not pay taxes itself; the income would move to the owners, as with partnerships. The tax laws governing partnerships are more flexible than corporations, allowing businesses more variability and options in preparing for taxes. A company can search for creative ways to take advantage of potential tax breaks they may qualify for. Every business's situation will differ, and depending on the circumstances, either an LLC or corporation may offer the business owner more significant tax advantages.

• Ability to Raise Capital

  When you structure your business as an LLC, adding new owners (referred to as members) to your business is a straightforward process, and there isn't any limit as to how many members can be involved. These additional investors can consist of individuals, corporations, trusts, and pension plans. None of which need to reside in the same state or even within the U.S. You can also form either an LLC or corporation in a state you don't live in; for example, you could start an LLC in business-friendly Nevada without even setting foot in the state.

• Liability and Asset Protection

  Today's society is very "lawsuit-friendly," which is why it is of the utmost importance that you create a protective legal barrier between yourself and your creditors. As an entirely separate legal entity, your LLC will separate you from the business itself and protect you. There is no personal liability for any of the LLC's debts, including those related to contracts or torts with an LLC. To a large extent, your operating agreement can include any procedures and rules that the relevant parties agree to and once put into place. It can simply exist without the need to update or maintain it. This initial drafting of your operating agreement is essential because it needs to follow and comply with any IRS or state regulations in order for the LLC to be taxed as a partnership instead of as a corporation.

• Co-Owner Liability

  In all U.S. states, LLC owners (members) are not typically held personally liable for another co-owner's or employee's wrongdoings. Corporations also protect this type of personal liability, while partnerships and sole proprietorships do not.

  Suppose an LLC is held responsible for negligence or wrongful actions of an employee or another owner. In that case, it can have financial assets or property taken from it due to an unfavorable judgment against it. The innocent LLC members will not be held personally liable; however, the owner or employee who perpetrated the act can be held personally responsible for their actions.

Why choose InCorp Services to form your Virgin Islands LLC?

• Help Prevent Corporate Identity Theft

  EntityWatch^® advises you of changes to help prevent corporate identity theft. Through EntityWatch^®, the innovative and proprietary technology developed first by InCorp, our information system ties into most of the state databases to give you up-to-date information on the status of your entities including the filing status, the current registered agent, officers, and directors.

• Consolidate Expenses

  For multi-state companies, you will receive a consolidated bill for all your business entities in every state represented.

• Save Money

  For over 20 years we have provided top-tier service with one of the lowest prices in the industry and have only raised our prices one time (while many of our competitors raise their prices on their long-term clients yearly!) Our standard fee to Form your LLC is $399 and to serve as your Virgin Islands registered agent is only $389 per state per year! And you can save even more when you choose multi-year registered agent service.

• Fast Support and Service

  Over-the-counter expedited business document filing service are available for most states. Receive notification of all service of process forms in real-time and receive said service of process within 24-hours of receipt via Express Mail, facsimile, or email.

• File Correctly with Expert Assistance

  InCorp provides our customers the choice between filing online using our safe and , or you can choose to employ the experience and knowledge of our highly skilled and dedicated business specialists to assist you in completing the LLC formation process. The options we offer our customers, our innovative business technology, the extensive area in which we provide service, and our dedication to producing high levels of customer satisfaction establish InCorp as the preferred choice amongst business owners across the country in selecting their LLC registration and registered agent services.

• Registered Agent Service in Virgin Islands & Nationwide

  Virgin Islands LLCs, as with corporations and other kinds of business entities, do generally require a registered agent to act according to the law. InCorp is happy to help you in fulfilling this need.

  Take the opportunity today to install the legal protections permitted to you by the law!

Still unsure whether to choose an LLC for your business?

Whichever structure you choose, it should be chosen for the right reasons. Take our two-minute entity quiz to see which structures businesses like yours commonly choose — and review the details on our Compare Entity Types page.

In the process of starting a new business, it's necessary that you understand your options regarding creating a new LLC. By choosing InCorp, you can rely on the fact that our skillful and knowledgeable business specialists will help and guide you, step by step, through the whole process of registering with the state. Furthermore, we will ensure that you receive a thorough understanding of all that your business entity can do for you. In addition, we guarantee that we will beat out any competition's price for incorporating a business, LLC formation, or any other business services or products we provide to our clients.

Read our Why Should I Incorporate page or Compare Entity Types page for more information.

Virgin Islands State Fees