Unincorporated Entity RegistrationLimited Liability Company. A limited liability company is an unincorporated association that can be treated like a partnership for tax purposes providing owners with limited liability similar to that available to shareholders of a corporation. A Virginia limited liability company is formed by filing articles of incorporation with the State Corporation Commission and paying a filing fee. Foreign limited liability companies may register in Virginia by filing an application for registration together with a copy of the articles of incorporation filed in the jurisdiction of incorporation of the foreign limited liability company, duly notarized by the Secretary of State or other officer having custody of the documents in the state or other jurisdiction in which it was incorporated. There is a filing fee for submitting an application for registration. Domestic and foreign limited liability companies pay an annual fee that is assessed on July 1 of each year. Corporate trusts. Business trusts are corporations, trusts, or unincorporated associations governed by a governmental instrument that provides that the property or assets of the business trust are owned, managed, or carried on by at least one trustee for the benefit of at least one beneficial owner. corporate owners are normally entitled to the same limitation of personal liability as shareholders in a public company. A Virginia business trust is formed by filing articles of trust with the State Corporation Commission and paying a filing fee. Foreign business trusts may register in Virginia by filing an application for registration together with a copy of the articles of incorporation or other incorporation documents filed in the jurisdiction of formation of the foreign business trust duly certified by the Secretary of State or other officer having custody of the records of the business trust in the state or other jurisdiction of its formation. There is a filing fee for the registration application. Domestic and foreign corporate trusts pay an annual tax to the State Corporation Commission each year. A limited partnership is a partnership formed by two or more people and having at least one general partner and one limited partner. General partners maintain control over the management of the limited partnership and are responsible for all debts. Limited partners invest money or property in the business and have the right to share in the profits. The liability of limited partners is limited to the size of their investment. A Virginia limited partnership is created by filing a limited partnership certificate with the State Corporation Commission and paying a filing fee. A foreign limited partnership may register in Virginia by filing an application for registration along with a copy of