Revolving Loan Funds in West Virginia

A revolving loan fund (RLF), sometimes referred to as a microloan program, is a pool of money where loans are made and the repayments are returned and lent out again, which then allows for other similar investments. For our purposes, we are looking at a revolving loan fund focused on small businesses.  There are thousands of low-interest, small […]

How to Form a Corporation in West Virginia

The Corporation is a business structure that provides personal liability protection by separating the owner’s personal assets from the assets of the business. Thus, a corporation is liable for the actions and finances of the business, while the owners (known as shareholders) are not. Corporation Pros Corporations provide liability protection for the shareholders A corporation can […]

How to Register for an EIN in West Virginia

One of several steps most businesses will need to take when starting a business in West Virginia is to register for an Employer Identification Number (EIN) and West Virginia state tax ID numbers.  These numbers are most commonly used to register a business with the federal and state government in order to pay sales taxes, […]

What Business Licenses and Permits are Needed in West Virginia?

What Business Licenses and Permits are Needed in West Virginia? Starting a business in West Virginia will mean potentially registering with a number of federal, state, and local agencies.  Let’s take a look at common licenses and permits a business will register for in West Virginia. Before applying for any licenses, the legal structure of […]

Steps to Hiring your First Employee in West Virginia

Steps to Hiring your First Employee in West Virginia Hiring your first employee as a new business owner is both an exciting and frightening experience. Not only do you have a person relying on you to pay them so they can provide for their family while balancing the cash flow needs of your business, but […]

How to get a Certificate of Exemption in West Virginia

When a business purchases inventory to resell, they can do so without paying sales tax.  In order to do so, the retailer will need to provide a West Virginia Certificate of Exemption to their vendor. Learn more about what a Certificate of Exemption is (commonly known as a Resale Certificate), how to get one, and […]

How to Register for a Sales Tax Permit in West Virginia

Most businesses starting in West Virginia that are selling products or services will need to register for a sales tax permit. This is commonly referred to as a seller’s permit, sales tax license, sales tax number, or sales tax registration. The sales and use tax permit is obtained through the state of West Virginia State […]

When is a Registered Agent Needed in West Virginia?

When starting a business in West Virginia as a corporation, Limited Liability Company (LLC), Limited Liability Partnership (LLP), or Limited Partnership (LP), a registered agent may be something worth considering.  Learn who the registered agent is, their job duties, and the requirements to be one. What is a registered agent? A registered agent (also referred […]

How to Register a West Virginia DBA

In West Virginia, a business operating under a fictitious name will need to register a DBA.  Learn more about what a DBA is, who needs one and how to register. Related: How to start a business in West Virginia What is a DBA? A DBA, also known as “Doing Business As”, Trade Name, Assumed Name or […]

How to Search Available Business Names in West Virginia

The first step in forming an LLC or corporation in West Virginia is to check and see whether the name is available to use. Each business entity that is registered with the Secretary of State must use a unique name. See our step-by-step guide to learn how to quickly search available names by using the […]