Virginia: corporate income tax, no franchise tax and an annual report due in your anniversary month.
Each fact below cites the agency page we read and the day we read it. Where a rule is still being confirmed, the page says so instead of showing a zero.
Verified facts
Corporate income tax
Yes
6% of Virginia taxable income
Franchise or privilege
No
Virginia's franchise tax is imposed on the net capital of banks and trust companies ($1 per $100 of taxable value, maximum $18 million per bank), filed on Form 64. General corporations are subject to the 6% corporation income tax and the SCC annual registration fee, which is a registration fee…
Entity annual report
Yes
annual · Due the last day of the month in which the company incorporated or registered to do business in Virginia; if that day falls on a weekend or holiday, the SCC must receive it before the last business day of that month. First report is filed the year after incorporation/registration.
Return due date
Published rule
Calendar-year filers: April 15. Fiscal-year filers: the 15th day of the 4th month following the close of the taxable year. Nonprofits: the 15th day of the 6th month following the close of the taxable year. If the deadline falls on a Saturday, Sunday or holiday, the next business day applies.
Extension
Not verified
Not verifiedZero activity / minimum tax
Not verified
Not verified
Long-form guide in professional review
Dates, extensions and payments
Filing and payment dates stay separate wherever the source supports it.
- Filing
Return filing
Calendar-year filers: April 15. Fiscal-year filers: the 15th day of the 4th month following the close of the taxable year. Nonprofits: the 15th day of the 6th month following the close of the taxable year. If the deadline falls on a Saturday, Sunday or holiday, the next business day applies.
Explicitly set by the department: 15th day of the 4th month after fiscal year end (6th month for nonprofits).
- Entity report
Entity report
annualDue the last day of the month in which the company incorporated or registered to do business in Virginia; if that day falls on a weekend or holiday, the SCC must receive it before the last business day of that month. First report is filed the year after incorporation/registration.
Email me the Virginia guide
We send you this page with its sources, and we tell you if a date changes.
Frequently asked questions
Does Virginia impose a corporate income tax?
Yes. 6% of Virginia taxable income Form: Form 500, Virginia Corporation Income Tax Return.
Does Virginia charge a franchise or privilege tax?
No. The official source consulted does not impose a franchise tax on corporations.
When is the Virginia corporate return due?
Calendar-year filers: April 15. Fiscal-year filers: the 15th day of the 4th month following the close of the taxable year. Nonprofits: the 15th day of the 6th month following the close of the taxable year. If the deadline falls on a Saturday, Sunday or holiday, the next business day applies.
Does an extension also postpone the tax payment?
No. The extension moves the filing date, not the payment date; unpaid tax can accrue penalty and interest.
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