Employer Identification Number - An Employer Identification Number (EIN) is also known as a federal tax identification number, and is used to identify a
business entity. Apply for an EIN from
the Internal Revenue Service.
Virginia Department of Taxation - If your business will be performing certain activities, such as selling items retail (including food)
and/or hiring employees, you need to register with the Virginia Department of Taxation for a state tax
account at Register a Business in Virginia.
Most small businesses need a combination of
licenses
and permits
from both federal and state agencies. The requirements — and fees — vary based on your business activities, location, and government rules
Based on your business industry, profession or occupation, you may be required to have the appropriate licensure from a regulatory agency, authority or board.
As a small business owner, you will need to familiarize yourself with the American with Disabilities Act (ADA). There are certain federal requirements in the build
out and maintenance of both commercial and retail locations.
Business property insurance (buildings, loss of income, earthquake and flood)
Liability insurance (personal and advertising injury, fire legal liability, products and completed operations, medical expense or medical payments, and general liability for your premises)
Worker's compensation insurance
Other insurance coverage (auto coverage for company vehicles and health insurance)
Excess liability coverage
Employment practices liability coverage
Life insurance - Check with a professional insurance agent to find out your business insurance needs.
State Corporation Commission
To register and organize your business in the Commonwealth of Virginia, visit the Virginia State Corporation Commission
Trade Names or Fictitious Names for your business
Your trade name is what makes your business “uniquely” you. A "Fictitious Trade Name" is required to be filed when a business is operating under a name
that is different from their legal name. To register your tradename or fictitious name of your business with the Virginia State Corporation Commission.
Internal Revenue Service
An Employer Identification Number (EIN) is also known as a federal tax identification number, and is used to identify a business entity. For
more information visit the Internal Revenue Service.
Virginia Department of Taxation
If your business will be performing certain activities, such as selling items retail (including food) and/or hiring employees, you need
to register with the Virginia Department of Taxation for a state tax account at
Register a Business in Virginia.
If you have difficulty with the Virginia Department of Taxation registration process, please call (804)367-8031.
Virginia Employment Commission
If you plan to hire employees, you will need to register with the Virginia Employment Commission (VEC). VEC is responsible for collecting unemployment tax.
Virginia Worker’s Compensation Commission
Any employer who has three or more regular employees is required to furnish workers' compensation insurance coverage at no cost to the employees.
The employer may either purchase the insurance through a private insurance company or apply to
the Workers' Compensation Commission to be a self-insurer
VA Dept. of Professional Occupational Regulation
The Virginia Department of Professional and Occupational Regulation (DPOR) regulates more than 30 occupations and professions through 19 boards composed of practitioners
and citizens appointed by the Governor. DPOR licenses or certifies over 300,000 individuals and businesses ranging from architects and contractors to cosmetologists and
professional wrestlers. If you believe your industry sector is regulated by the state, visit DPOR’s website.
Location
Finding the right location using Virginia site location tools.
Some of the statutes and regulations enforced by the U.S. Department of Labor (DOL) require that notices be provided to employees and/or posted in the workplace
ADA Requirements
As a small business owner, you will need to familiarize yourself with the American with Disabilities Act (ADA). There are certain federal requirements in the build out
and maintenance of both commercial and retail locations. Please review the small business publication on the ADA Web site to ensure that your business complies with ADA requirements.
Professional and Occupational Licensure
Most small businesses need a combination of
licenses
and permits
from both federal and state agencies. The requirements — and fees — vary based on your business activities, location, and government rules
Based on your business industry, profession or occupation, you may be required to have the appropriate licensure from a regulatory agency, authority or board.
For assistance with Business One Stop or inquiries about doing business in Virginia, professional experienced business counselors are available to help you.
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