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Starting a New Business

One mission of the Fauquier County Department of Economic Development is to act as a resource for start-up businesses. Below are several beginning steps in starting a business. Our department is here to assist business owners at any phase of this process.

 

1. Naming Your Business

Find out if the name you’ve chosen is available for use. Check online at the State Corporation Commission or call (804) 371-9967.

 

2. Registering Your Business

To register your business, you must select an operating entity: sole proprietorship, partnership, limited partnership or corporation. Contact the State Corporation Commission if you wish to conduct business, sell securities, use a trademark, or operate a franchise within Virginia.

Useful Links: State Corporation Commission | Virginia Employment Commission | Virginia Department of Taxation

 

3. Determine your Business Plan / Structure and Financing

Clarify your mission, analyze the potential of your new venture and define how much financing you need.

 

4. Local Licenses, Taxes and Requirements

Contact the county, city or town in which your business is established to find out which licenses are required. Depending on the location of your business, contact the local planning/zoning department to make sure your location is zoned for business activities.

Useful Links:

For Business Licenses in Fauquier, contact the Commissioner of the Revenue.

For Planning and Zoning issues, contact Community Development.

 

5. Virginia Taxes

All Virginia businesses must register with the State Department of Taxation. Most taxes are dependent on the type and structure of your business.

Useful Links: Virginia Department of Taxation, or call (804) 367-8037 for the appropriate forms.

 

6. Federal Employer Identification Number

Corporations, partnerships and some sole proprietorships must obtain an ID number from the federal government for tax purposes.

Contact the Internal Revenue Service at (800) 829-1040 for details.

 

7. Virginia Employment Insurance

If you intend to hire employees, you will be subject to unemployment insurance tax. For more details on Employment and other types of insurance, visit the Virginia Employment Commission.

 

8. Labor Regulations

All Virginia companies are required to comply with state and federal labor laws. For guidance in all areas of labor regulations contact the Virginia Department of Labor and Industry at (804) 371-2327.