Virginia small 2025

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In 2022, Virginia ranked third overall. In 2021, Virginia took the top spot in the annual rankings of business-friendly states for a second, consecutive time.
Virginia Techs primary campus in Blacksburg is considered one of the most beautiful in the country. With its stunning setting in the mountains, unique architecture, iconic Hokie Stone, and the small-town culture of Blacksburg, its a wonderful campus to visit.
State Business Taxes Corporate Income Tax. The Virginia corporate income tax rate is 6 percent of taxable corporate income. Annual Corporate Registration Fee. Withholding Tax. Workers Compensation Insurance. Unemployment Insurance Tax. Sales and Use Tax. Utility Consumption Tax.
Running a business out of a residence requires a zoning permit. You must either be the owner of the property or include written approval from the owner. Please review the Home Occupation Form. If you meet the criteria, please create an account on the online portal, and submit your application for review.
In 2022, Virginia ranked third overall. In 2021, Virginia took the top spot in the annual rankings of business-friendly states for a second, consecutive time. Virginia also won the top ranking in 2019, 2011, 2009 and 2007, the first year CNBC began ranking the states.
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Small businesses are defined here as firms with fewer than 500 employees.

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