To get a tax ID in Virginia you’ll need to fill out a form called Form VTN1. You’ll need one if you’re hiring employees in Virginia, so you can account for state-level employment taxes. You’ll also need one if you’re selling taxable goods and services in the state, or if you’re preparing for excise taxes, which apply to regulated products like alcohol, tobacco, and gasoline.
Once the federal government issues you a number, you will have to get a state Tax Id Number from Virginia as well. In Virginia, If you use a name other than your own personal name to operate a business, you are legally required to file a Fictitious Name Statement, also known as a dba (doing business as) form.
Creating a Corporation or LLC
A corporation or LLC, is a good idea if you want to limit your civil, tax, and personal liability. You need to obtain the permits and tax IDs for the state of Virginia if you decide to be a corporation for example, you will need a federal tax id and a business license. A Virginia tax number is required in addition to a federal EIN if a business is an employer. Additionally, you may need a Virginia fictitious firm business name registration because it is required if you use a name other than the registered LLC name as a business trade name.
Obtaining a Virginia Sales Tax ID
How do I get a Virginia sales tax ID number?
To get a tax ID in Virginia you’ll need to fill out Form VTN1. You’ll need one if you’re hiring employees in Virginia, so you can account for state taxes. You’ll also need one if you’re selling taxable goods and services in Virginia, or if you’re preparing for excise taxes on alcohol, tobacco, and gasoline.
Once the federal government issues you a number, you will need a state Tax Id Number from Virginia too. In Virginia, if you use a business name other than your personal name, you must file a Fictitious Name Statement, also known as a dba form.
How much does it cost to get a tax ID number in Virginia?
To get a tax ID in Virginia, fill out Form VTN1. You need one to hire employees or sell taxable goods and services. You also need one if you sell alcohol, tobacco, or gasoline.
Once the federal government issues your number, get a state Tax ID Number too. In Virginia, use a Fictitious Name Statement if your business name differs from your personal name.
Limit liability with a corporation or LLC. Get Virginia permits and tax IDs if you incorporate. For example, you need a federal tax ID and business license. You also need a Virginia tax number plus a federal tax ID if your business has employees. You may require a fictitious firm registration if your LLC name differs from your business name.