Virginia State Law

Virginia employers who pay $1,500 or more in wages in any calendar quarter or employ at least one worker in 20 weeks of a year must register with the Virginia…

Source: VA Employment Commission

Virginia employers must report all newly hired and rehired employees to the State Directory of New Hires within 20 days of the hire date. Reports must include the employee name,…

Source: VA Department of Social Services

Virginia businesses must register with the State Corporation Commission before conducting business. Sole proprietors using a trade name must file a fictitious name certificate with the circuit court clerk. Businesses…

Source: VA State Corporation Commission

Virginia LLCs are formed by filing Articles of Organization with the State Corporation Commission and paying a $100 fee. All LLCs must designate a registered agent with a Virginia address…

Source: VA State Corporation Commission

Virginia corporations are formed by filing Articles of Incorporation with the State Corporation Commission and paying a minimum $75 fee based on authorized shares. Corporations must designate a registered agent…

Source: VA State Corporation Commission

Virginia LLCs and corporations pay an Annual Registration Fee to the State Corporation Commission by the last day of the month in which their anniversary of formation falls. The fee…

Source: VA State Corporation Commission

Virginia imposes a flat 6% corporate income tax on net income attributable to Virginia. C corporations file Form 500 with the Department of Taxation. Multi-state corporations apportion income using a…

Source: VA Department of Taxation

Virginia imposes a state sales tax of 5.3% on retail sales of tangible personal property and certain services, with regional taxes bringing combined rates to 6% or higher in Northern…

Source: VA Department of Taxation

Virginia minimum wage is $12.41 per hour as of January 1, 2025, with future increases tied to the Consumer Price Index. Tipped employees must receive at least $2.13 per hour…

Source: VA Department of Labor and Industry

Virginia employers with two or more employees must carry workers compensation insurance. Coverage may be obtained through a private insurer or through self-insurance approved by the Workers Compensation Commission. Sole…

Source: VA Workers Compensation Commission

Virginia professional licensing is administered by the Department of Professional and Occupational Regulation (DPOR), which oversees more than 30 boards covering contractors, engineers, architects, real estate agents, healthcare providers, and…

Source: VA Department of Professional and Occupational Regulation

Virginia requires contractors performing work valued at $1,000 or more to be licensed by the Department of Professional and Occupational Regulation. License classes include Class A for projects over $120,000,…

Source: VA Board for Contractors

The Virginia Economic Development Incentive Grant (VEDIG) provides performance-based cash grants to businesses that establish significant headquarters or administrative operations in Virginia. Awards are tied to job creation and compensation…

Source: VA Economic Development Partnership

The Virginia Small Business Financing Authority (VSBFA) provides loan guarantees and direct loans to Virginia small businesses that cannot fully access conventional bank financing. Programs include the Small Business Loan…

Source: VA Small Business Financing Authority

Home-based businesses in Virginia are regulated by local city and county zoning ordinances. Most jurisdictions permit home occupations as an accessory residential use subject to restrictions on signage, customer visits,…

Source: VA Office of the Governor