Q: Virginia Small Business Guide: How to Start and Run a Business in Virginia 

Are you a business owner in Virginia? Or, maybe you’re considering launching your next venture in the Old Dominion? Then you’ve come to the right place! Here you’ll find guidance on how to start a business, fund your business, operate your business, hire employees, file for taxes, stay compliant in your state, and more. 

Bookmark this page and keep checking back to track new legislation and developments in Virginia that may affect your company. Now, let’s dive in!

How to register your business in the state of Virginia

Here are instructions on how to register your new business in Virginia.

Find funding for your Virginia-based business

Every business, whether new or established, requires funding. Luckily, there are business loans and grants specifically designed for Virginia-based businesses. Check out the Virginia business funding page to find a loan or grant that’s a fit for your company. 

Managing employees in Virginia

  • Are you calculating employee paychecks? Use this Virginia salary paycheck calculator to determine withholdings and calculate take-home pay for your employees in Virginia. (We do the math for you.)
Minimum wage in Virginia SUI tax rate in Virginia Virginia DOL website
$12.00 per hour

$2.13 minimum tipped wage per hour 

New employer tax rate: 2.5%

Tax rate range: 0.13% – 6.23%

Wage base: $8,000

Department of Labor
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