In VA, it costs $100 with a $50 per year renewal fee. Your business license is a one time fee of $50 (unless it has changed) and unless your company profits over $50,000 then you do not pay anything more for a license, BUT must still renew every year.



If it profits over $50,000 in a year, you pay a % of whatever it makes over $50,000.

If you live in Virginia just go to http://www.scc.virginia.gov/ to learn more about LLCs.

I love LLCs. Wouldn't use anything else. All my firms are LLCs.