Resources for New Businesses

Resources to Help Start Your Business

These resources will help you start your business.

• 10 steps to start your business. Starting a business involves planning, making key financial decisions, and completing a series of legal activities. Review this guide from the U.S. Small Business Administration to learn about each step.

• Virginia State Bar's Virginia Lawyer Referral Service. Making decisions for your new business may require an expert. Seek legal advice to ensure you will operate within the law.

• Steps to Starting a Business in Virginia. Doing business in Virginia requires many steps. Visit Business One Stop to learn more.

Business Licensing

Most businesses formed in Virginia will need a local business license. You can obtain a license from the city or county where the business operates. The SCC does not provide business licenses. Visit the Commissioners of the Revenue of Virginia Association to learn more.

In addition, certain business types may require an industry license or permit (e.g. contractors, insurance agencies, realtors). You will need to contact the responsible agency.

Corporate Transparency Act (CTA) Beneficial Ownership Information Filing Requirements

Beginning January 1, 2024, many companies will have to report information about their beneficial owners, i.e., the individuals who ultimately own or control the company, to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). These reporting requirements are associated with the federal Corporate Transparency Act and are unrelated to filings within the SCC's Office of the Clerk.

The International Association of Commercial Administrators (IACA) provides summary information and resources about the filings, which will be accepted beginning Jan. 1, 2024; visit FinCEN/BOI for complete  information regarding the CTA and related filing requirements. .