Resources for Starting and Maintaining a Business in Virginia
At CorpNet our mission is to help you start your business and help you keep it in compliance. To assist you in your entrepreneurial journey, we’ve collected answers to the most frequently asked questions small business owners have about starting and maintaining a business in the state of Virginia.
Our goal is to provide you with a one-stop solution for all of your business, payroll tax registrations, and compliance filings. And if we can help you along the way, our team of entity filings and compliance experts is just a call away.
Quick Facts for Starting a Virginia Business
Expedited Services Available: Yes
New Business Publishing Required: No
Private Registration Available: No
Registered Agent Required: Yes
Annual Report Required: Yes
Franchise Tax Required: No
State Sales Tax: 5.3%
State Income Tax: 6%
Unemployment Insurance: .1%-6.2%
DBAs do not require a registered agent.
Virginia Business Entity Options
| Business Entity Type | State Fees | Applicable Form |
| Limited Partnership (LP) | $100 | Certificate of Limited Partnership (Form LPA-73.11) |
| Limited Liability Partnership (LLP) | $100 | Statement of Registration as a Domestic Limited Liability Partnership (Form UPA-132) |
| Limited Liability Company (LLC) | $100 | Articles of Organization (Form LLC-1011) |
| Stock Corporation | $25+ | Articles of Incorporation (Form SCC 619) |
| Nonstock Corporation | $75+ | Articles of Incorporation (Form SCC 819) |
| Professional Corporation | $25+ | Articles of Incorporation (Form SCC 544) |
| Business Trust | $100 | Articles of Trust (Form BTA-1212) |
| Foreign Limited Partnership | $100 | Application for a Certificate of Registration (Form LPA-73.54) |
| Foreign Limited Liability Partnership | $100 | Statement of Registration (Form UPA-138) |
| Foreign Limited Liability Company | $100 | Application for Registration (Form LLC-1052) |
| Foreign Stock Corporation | $25+ | Application for Certificate of Authority to Transact Business in Virginia (Form SCC 759) |
| Foreign Nonstock Corporation | $50 | Application for Certificate of Authority (Form SCC 921) |
| Foreign Business Trust | $100 | Application for Registration (Form BTA-1242) |
Not Sure Which Type of Business You Need?
Launch CorpNet’s Business Structure Wizard to get suggested entities based on your unique needs. It’s free and easy to use.
Key Virginia Government Resources
State Corporation Commission
Office of the Clerk
1st floor
1300 E. Main St.
Richmond, Virginia 23219
scc.virginia.gov/pages/Businesses
Virginia Department of Revenue
P.O. Box 1115
Richmond, VA 23218-1115
tax.virginia.gov
Feeling Overwhelmed? CorpNet Is Here To Help!
Below are all the ways CorpNet can help you and your business.
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Business Formation and Launch
Ongoing Business Compliance
Additional Resources and Articles
Compare Entities
- Choosing a Business Structure
- Business Structures Wizard
- Sole Proprietorship vs. Partnership
- Sole Proprietorship vs. LLC
- LLC vs. Partnership
- LLC vs. Corporation
- C Corporation vs. S Corporation
- S Corporation vs. LLC
- LLC vs. S Corp vs. C Corp
- DBA vs. LLC
- LLP vs. LLC
- LLC vs. PLLC
- Professional Corporation vs. LLC
- Single Member vs. Multiple Member LLC
- Member vs. Manager-Managed LLC
- Domestic LLC vs. Foreign LLC
Common Questions
- What is a Certificate of Incorporation?
- What is a Certificate of Registration?
- What is a Statement of Information?
- What are Articles of Incorporation?
- What are Articles of Organization?
- What is an Annual Franchise Tax Report?
- What is a Certificate of Authority?
- What is a Statement of Purpose?
- What Is a Fictitious Name?
- What is a Pass-Through Entity?
- What is the Owner of an LLC Called?
- What is the Role of an LLC Organizer?
- What Is a Registered Agent?
- What is a Statutory Agent?
- What is a Reseller License?
- What is a Corporate Resolution?
- What Is a Letter of Good Standing?
Helpful Templates
Need a Small Business Compliance Checklist?
Business compliance can slip through the cracks! As your existing business evolves, you are required to file notify the state of any changes. Many business owners lose sight of these requirements and fail to realize they haven’t met compliance requirements.
Use our compliance checklist to determine which business filings you need to perform to manage this year’s activities and changes.
