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 visit theVirginia 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 theInternal 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 atRegister 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 theVirginia 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 theWorkers’ Compensation Commissionto 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 issues 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, visitDPOR’s website.
Location Finding the right location usingVirginia 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/orposted 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 theADA Website to ensure that your business complies with ADA requirements.
Industry License and Permits Many small businesses need a combinationof licenses and/or permitsfrom both federal and state agencies. The requirements — and fees — vary based on your business activities, location, and government rules.
City Business Filing and Tax Compliance for Businesses in Roanoke Businesses in Roanoke must comply with various tax filing requirements, including business license taxes and business personal property taxes, to operate legally within the city. Understanding and adhering to these regulations are essential for businesses to maintain compliance and avoid penalties.Read More
Most small businesses need a combination oflicenses and permitsfrom 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.