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 Commonwealth of Virginia State Corporation Commission Llc 2011

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hello my name is Ryan young I'm a Virginia attorney my office is located in the Richmond Virginia metro area however I serve clients throughout Virginia today I'm going to talk briefly about LLCs or corporations a question that I frequently get from New or existing business owners is which is better for my Virginia Company as a point the uh the information that is in this article should only be used as a starting point you know every every business situation is unique so you need to speak with an attorney about your specific needs because the choosing the wrong type of entity might cost you more in the long run the main benefit of incorporating and when I say incorporating I'm talking about forming a corporation or forming an LLC uh you know the main benefit is to protect your personal assets the corporation or the LLC will be seen as a separate entity so you can protect your own personal assets should your business fail or if you are sued let's face it

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