State Requirements for Businesses
- Unemployment Compensation and Worker’s Compensation
- State Sales Tax, Withholding Tax, Corporate Income Tax and Other Non-Property Taxes
- State Occupational Permits and Licenses
- State Contractors Tradesmen Licenses
- Food Manufacture and Wholesale Food Distributors
- Liquor License
Unemployment Compensation and Worker’s Compensation
Businesses with employees may be required to pay State Unemployment Compensation Taxes.
For more information on unemployment compensation, contact the Virginia Employment Commission Customer Service, P.O. Box 1358, Richmond, VA 23218, (804) 786-4359 or on the Internet: www.vec.virginia.gov
Private employers with three or more employees must carry Workers’ Compensation insurance. Workers’ Compensation insurance is obtained from private insurance agents with premiums regulated by law.
For more information on workers’ compensation, contact the Workers’ Compensation Commission, 1000 DMV Drive, Richmond, VA, 23220, (877) 664-2566 (toll free in Virginia only), (804) 367-8600 or on the Internet: www.vwc.state.va.us
State Sales Tax, Withholding Tax, Corporate Income Tax and Other Non-Property Taxes
For businesses that are required to collect sales tax, the Virginia Department of Taxation issues a Certificate of Registration which allows you to collect and remit sales tax to the state. Every corporation organized under the laws of Virginia, or having income from Virginia sources must file a corporation income tax return with the Virginia Department of Taxation.
State regulations also require registration with the Virginia Department of Taxation by businesses subject to litter tax, consumer use tax, and tire tax, as well as those required to withhold income tax from employees or to collect sales tax. In addition to the above named taxes, there are others that pertain to specific products. Consult licensed professionals or the Virginia Department of Taxation for more information.
For more information on State taxes, contact the Virginia Department of Taxation, Office of Customer Services, P.O. Box 1115, Richmond, VA, 23218, (804) 367-8031 or on the Internet: www.tax.virginia.gov