How to incorporate in West Virginia
There are three ways to incorporate your business in almost every
State: hire a lawyer to do the job for you (a very expensive option),
walk in to the State Department office and do it by yourself or
to use a professional incorporation company, like Activefilings.
We can incorporate your business or form your limited liability
company for a small fee, compared not only to an attorney but to
our competitors.
Why ? Because we process incorporations each day, from all around
the US and the World, from entrepreneurs like you that want to have
the peace of mind that only Activefilings can bring them.
If you still want to take the risk and do it by yourself, please
let us help you with this information that we have collected from
your state. Please, feel free to review your state's information
on our site. We will gladly answer any questions you may have.
Whatever method you chose, we will be glad to help.
Corporate Name Endings
The name must not be same as or deceptively similar to name already
in use by another existing corporation of, or foreign corporation
qualified to do business in West Virginia, without written consent
of the other corporation or court order establishing right of applicant
to use name.
The name must not imply purpose other than that stated in articles
of incorporation. The name must contain one of the following words:
"company", "corporation", "incorporated",
or "limited" or an abbreviation of one of such words.
Words "engineer", "engineering" cannot be used
unless corporate purpose is professional engineering and one or
more of incorporators is registered professional engineer.
The name of a limited liability company must contain “limited
liability company” or “limited company” or the abbreviation
“L.L.C.”, “LLC”, “L.C.” or “LC”.
“Limited” may be abbreviated as “Ltd.” and “company”
may be abbreviated as “Co.”.
Articles of Incorporation Requirements
Director Information
* Minimum Number - One or more.
* Residence Requirements. - No provision.
* Age Requirements - None.
* Directors are required to be listed in the articles of incorporation.
Officer Information
* The officers are not required to be listed in the articles of
incorporation.
Stock Information
* An increase in the shares may cause an increase in the initial
filing fee.
Yearly Requirements
* Annual Statements
* The rate of tax is the greater of: (1) $50 or (2) seventy-five
one-hundredths of one percent of the value of the corporation's
capital.
Income Tax Rate
* 9.0% of taxable income. Also an annual tax is due based upon
capital stock. For domestic corporations, the rates are as follows.
Capital Stock Tax
$5,000 or less $20
$5,000 to $10,000 $30
$10,000 to 25,000 $40
$25,000 to 50,000 $50
$50,000 to $75,000 $80
$75,000 to $100,000 $100
$100,000 to $125,000 $110
$125,000 to $150,000 $120
$150,000 t0 $175,000 $140
$175,000 to $200,000 $150
$200,000 to $1,000,000 $180 plus $0.20 per $1,000 or fraction thereof
over $200,000 $1,000,000 to 15,000,000 $340 plus $0.15 per $1,000
or fraction thereof over $1,000,000 $15,000,000 and over $2500
* No par stock is valued at $25 per share unless it was originally
issued for a greater consideration [W.V.C. S:11-12C-2].
For more information on taxes, visit www.state.wv.us/taxrev
