Virginia Business Considerations · Small Business Addendum
Virginia has a graduated personal income tax, a corporate income tax, a Business Professional and Occupational License tax imposed at the local level on gross receipts, and an annual registration fee structure rather than a traditional annual report. This addendum covers personal and corporate income tax, the PTE election, the BPOL tax, sales and use tax including regional rate variations, annual registration fee, registered agent obligations, and unemployment insurance. Written in plain English.
A companion to The Small Business Owner's Guide to Clean Books by Tidecount Financial Services.