Registering to do business in Virginia as a Corporation requires two main steps:
Virginia's entrance fees for corporations are among the highest in the nation, ranging from $75 to $2,525 based on authorized shares.
For example, if you have millions of authorized shares outstanding (common for venture-backed companies), you will owe:
Virginia’s Foreign Registration for Corporations is called Form SCC759/921 (Application for Certificate of Authority to Transact Business in Virginia). This process is governed by Virginia Code §13.1-759.
It’s all relatively typical as foreign registration filings go, requiring basic business demographic information, as well as officers, directors, and share class information.
When filing it, you must also provide:
The certification must indicate that each document is a “true and correct copy” of the official records, or words to that effect.
Filing can be submitted online through Virginia's Clerk's Information System (CIS) or via paper form.
Virginia law requires all foreign corporations to designate and continuously maintain a registered agent in Virginia.
Your registered agent must have a physical street address in Virginia (P.O. boxes are not acceptable) and be available during normal business hours to accept service of process and official correspondence on behalf of your business.
Failure to maintain a registered agent can result in the administrative revocation of your certificate of authority.
From a Secretary of State perspective, there are two main costs to foreign registering in Virginia for stock corporations:
When a foreign corporation (a corporation domestically registered outside of Virginia, e.g., Delaware) with stock registers to do business in Virginia, it must pay an entrance fee.
The Entrance Fee is determined by the number of Authorized Shares the Corporation has (based on Virginia’s schedule), and ranges from $75 to $2,525.
Companies with over 1 million shares outstanding will pay the maximum fee of $2,525.
Each year, a foreign corporation registered to do business in Virginia also needs to pay an annual registration fee when it files its annual report. It’s due by the last day of the month on the anniversary of their initial registration in the state.
For stock corporations, the Annual Registration Fee is based on the number of Authorized Shares the Corporation has (based on this schedule), and ranges from $100 to $1700.
LLCs follow the same process as Corporations when registering in Virginia, with two key differences:
Like corporations, foreign LLCs must file annual reports and maintain a registered agent to remain in good standing.
Virginia imposes consequences for foreign entities that fail to meet registration and ongoing compliance requirements:
Maintaining good standing requires timely annual filings and continuous registered agent service.
Discern handles Virginia foreign registrations digitally, automatically obtains any required certificates of good standing from your home state, and provides registered agent services to keep your Virginia entity compliant.
Ready to register in Virginia? Book a demo to see how Discern streamlines foreign registration and ongoing compliance across all 50 states and DC.