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.
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.
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.