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Home > Legal Issues > Legal Entities > Corporations

Overview

To form a corporation in the Commonwealth of Virginia, you must file Articles of Incorporation with the State Corporation Commission and pay both a registration fee and added fees for the amount of stock that will be issued. A foreign corporation, one formed under the laws of another state or a foreign country, must also obtain a certificate or authority before it may legally conduct business in the Commonwealth. There also is a requirement to file annually with the State Corporation Commission. Failure to do so in a timely manner could result in the suspension or revocation of your corporate charter. In addition to paying federal income taxes on its income, a corporation that does business in the Commonwealth must also file corporate income tax returns with the state. For more information concerning state tax requirements, contact the Department of Taxation in Richmond.