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


Steve Goldstein
Steve Goldstein
Business Formation Expert
Steve Goldstein runs LLCBuddy, helping entrepreneurs set up their LLCs easily. He offers clear guides, articles, and FAQs to simplify the process. His team keeps everything accurate and current, focusing on state rules, registered agents, and compliance. Steve’s passion for helping businesses grow makes LLCBuddy a go-to resource for starting and managing 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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#1 TOP PICK

$0 + State Fees

  • 100% accuracy guarantee

  • Worry-free service

  • Great customer support

  • Established reputation

  • Extras are bit more expensive

  • Good customer support

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

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.

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.

One of the main costs associated with maintaining an LLC in West Virginia is the annual filing fee. Every year, LLC owners are required to file an Annual Report with the West Virginia Secretary of State’s office and pay a fee to keep their business in good standing. Failing to file this report or pay the associated fee can result in penalties and even the dissolution of your LLC, so it’s crucial to stay up to date on these requirements.

In addition to the annual filing fee, LLC owners in West Virginia may also need to budget for other recurring expenses such as a registered agent fee. A registered agent is an individual or business entity designated to receive legal documents on behalf of the LLC, such as a lawsuit or official government correspondence. While some business owners may choose to act as their own registered agent, hiring a professional registered agent service can provide added convenience and peace of mind.

Another cost to consider is the expense of maintaining a business license in West Virginia. Depending on the nature of your business activities, you may be required to obtain a business license from the state or local government. The cost of a business license can vary depending on factors such as the size of your business, its location, and the type of industry you are in. It is essential to research and understand the licensing requirements specific to your LLC to ensure compliance and avoid any potential legal issues.

Furthermore, maintaining accurate financial records and staying compliant with state and federal tax regulations are ongoing costs that LLC owners in West Virginia must consider. Hiring an accountant or bookkeeper to help manage these financial responsibilities can be a valuable investment that ensures the long-term success and sustainability of your business.

While the costs of maintaining an LLC in West Virginia may seem daunting, it’s essential to view these expenses as necessary investments in the growth and protection of your business. By prioritizing compliance with state regulations, staying on top of annual filings, and budgeting for recurring expenses, LLC owners can avoid costly fines, penalties, or legal issues that could jeopardize the reputation and viability of their business.

Overall, being aware of the costs associated with maintaining an LLC in West Virginia and taking proactive steps to address them can help ensure the long-term success and sustainability of your business. By staying informed, diligent, and financially responsible, LLC owners can navigate the regulatory landscape with confidence and focus on achieving their business goals.

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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