While paper forms are acceptable, filing online will help you avoid common errors. How to File and Pay.Annual income tax return. To start a Virginia S corporation, you'll need to create either a limited liability company (LLC) or a C corporation if you haven't already done so. Starting a corporation in Virginia? 1. Choose a business name for the corporation and check for availability. Virginia articles of incorporation are filed to create a corporation. This guide provides instructions and tips when preparing and filing this legal document. To do this, file a completed Form 2553 with the IRS. Have the initial shareholders sign the form.