Virginia LLC Annual Registration Fee & Taxes (2026)

Q: When is the Virginia annual registration fee due?

It is due on or before the last day of the month in which the LLC was organized - the anniversary month - and by that date each year after. For example, an LLC formed in March pays by March 31 each year.

Fact-checked by the LegalGlass editorial team against primary sources · Published Aug 6, 2026 · Last updated Aug 6, 2026

Virginia LLCs do not file an annual report. Instead, each LLC pays a $50 annual registration fee to the Virginia State Corporation Commission by the last day of its anniversary month - the month it was organized - every year. Paying late adds a $25 penalty, and nonpayment past the third month leads to automatic cancellation. Separately, LLC income is taxed as a pass-through on Form 502.

Quick Answer

Annual report?: None - Virginia has no LLC information report
Annual registration fee: $50, flat, to the State Corporation Commission
Due date: Last day of the LLC's anniversary month, each year
Late penalty: $25 added (§ 13.1-1064)
Nonpayment: Automatic cancellation after the 3rd month
Income tax: Pass-through (Form 502); optional 5.75% PTET (Form 502PTET)

Virginia Has No LLC Annual Report

Many states require an LLC to file an information report each year that updates the members, managers, and address on file. Virginia does not. There is no annual report form for a Virginia LLC. Instead, the sole recurring state obligation to the State Corporation Commission (SCC) is paying the annual registration fee. People often search for the "Virginia LLC annual report," but the correct term is the annual registration fee - a flat charge that keeps your LLC in good standing without a report. For the formation context, see how to form an LLC in Virginia.

This matters in practice because it changes what you have to track. In a state with an annual report, you must update officer, member, or address information and often attest to its accuracy each year. In Virginia, there is no such filing for an LLC - you keep your registered agent and office current on Form LLC-1016 as needed, but there is no yearly information return to prepare. The only recurring action the SCC requires is paying the $50. Virginia corporations pay an annual registration fee that scales with authorized shares, but for an LLC the fee is a simple flat amount, which keeps annual compliance unusually light.

The $50 Annual Registration Fee

Under Va. Code § 13.1-1062, every domestic and foreign LLC registered in Virginia must pay an annual registration fee of $50. It is a flat statutory amount: it does not scale with revenue, profit, or the number of members, which distinguishes Virginia from states that impose revenue-based franchise taxes. The fee applies whether the LLC is active, dormant, or losing money - as long as it remains registered. See how it fits the total cost picture in Virginia LLC cost and the national how much does an LLC cost.

When the Fee Is Due: Your Anniversary Month

The fee is due on or before the last day of the month in which the LLC was organized - its anniversary month - and by that same date each year thereafter. In practice: an LLC organized on March 12 pays by March 31 every year; one organized on November 3 pays by November 30. The SCC mails an assessment notice to the LLC's registered office as a reminder, which is one reason keeping your registered agent and registered office current matters. The obligation stands even if the notice never arrives. You can pay online through the Clerk's Information System.

Item	Detail	Authority
Annual registration fee	$50 (flat)	Va. Code § 13.1-1062
Due date	Last day of anniversary month, annually	Va. Code § 13.1-1062
Late penalty	$25 added to the fee	Va. Code § 13.1-1064
Automatic cancellation	If unpaid past last day of 3rd month after due date	Va. Code § 13.1-1064
Reinstatement	$100 + all unpaid fees (Form LLC-1050.4P)	SCC fee schedule

Late Penalty and Automatic Cancellation

Missing the deadline is expensive. Under Va. Code § 13.1-1064, a $25 penalty is added to the annual registration fee when it is not paid on time. Worse, if the fee remains unpaid on or before the last day of the third month immediately following its due date, the existence of the LLC is automatically canceled as of that day. A canceled LLC loses good standing and its exclusive right to its name, and its liability protections are put at risk while it is canceled. To restore it, you file for reinstatement on Form LLC-1050.4P and pay a $100 reinstatement charge plus all delinquent fees.

The cancellation is automatic and self-executing: the SCC does not have to take further action for the LLC to lose its existence once the deadline passes. The Commission does mail notice of impending cancellation to the registered office beforehand, which is another reason to keep that address accurate. Practically, the cheapest and simplest strategy is to set a recurring reminder for your anniversary month and pay the $50 online through the Clerk's Information System well before the deadline. Compared with a $25 penalty, a $100 reinstatement charge, and the risk of losing your business name to someone else while you are canceled, the flat annual fee is trivial - the expensive outcomes all stem from missing it.

How a Virginia LLC Is Taxed by the State

The annual registration fee is separate from income tax. By default, a Virginia LLC is a pass-through entity: a single-member LLC is disregarded and reported on the owner's return, while a multi-member LLC is taxed as a partnership. The LLC files Form 502 with Virginia Tax to report income and allocate it to members, who then pay Virginia individual income tax on their shares. Form 502 is due April 15 for calendar-year filers, with an automatic six-month extension to October 15 to file (though not to pay withholding). The LLC itself generally pays no separate Virginia income tax under the default rules.

The classification you elect federally flows through to Virginia. If your LLC elects to be taxed as a C corporation with the IRS, it instead files the Virginia corporate income tax return and pays Virginia's flat 6% corporate rate on its Virginia taxable income; if it elects S-corporation status, it files as a pass-through on Form 502. Most small Virginia LLCs stay in the default pass-through lane, so Form 502 plus the members' individual returns is the usual pattern. Whichever applies, the $50 annual registration fee to the SCC is owed on top of income tax - the two obligations are administered by different agencies and are never a substitute for each other.

The Elective Pass-Through Entity Tax (PTET)

Virginia offers an elective pass-through entity tax (PTET) that lets the LLC pay Virginia income tax at the entity level rather than pushing all of it to members. Under the Virginia Elective PTET, an electing entity pays tax at 5.75% on Form 502PTET, and eligible owners then claim a refundable credit equal to their share of the tax paid. The election is filed and paid electronically and is binding for the year. It exists mainly to help owners work around the federal cap on deducting state and local taxes; whether it helps depends on your circumstances. This is general information - a tax professional can model your specific case.

Sales Tax and Employer Accounts

Depending on your activity, an LLC may owe other Virginia taxes that carry their own periodic filings. If your LLC sells taxable goods or services, register for retail sales and use tax with Virginia Tax (using Form R-1) and file returns on the schedule the state assigns; the base combined rate is 5.3%, higher in some regions. If you have employees, you will register for employer withholding and file periodic returns. Register your tax accounts through Virginia Tax's business registration. These are distinct from the SCC's flat $50 annual registration fee.

Annual Compliance Checklist

To keep a Virginia LLC in good standing year to year, work through this short list:

Pay the $50 annual registration fee by the last day of your anniversary month.
Confirm your registered agent and office are current in the Clerk's Information System; update on Form LLC-1016 (no fee) if they change.
File Form 502 (or Form 502PTET if you elected the entity tax) with Virginia Tax by April 15.
File and remit sales tax and employer withholding on their assigned schedules, if applicable.
Renew any local business license where you operate; see business license in Virginia.
Keep your EIN and federal filings current; see how to get an EIN.

Working through this list once a year keeps a Virginia LLC compliant with minimal effort. The single item that is unique to Virginia and easy to forget is the flat $50 annual registration fee tied to your anniversary month; the rest - income tax, sales tax, withholding, and local licensing - follow the same schedules a business would face in most states. Setting one recurring calendar reminder for your anniversary month and another for the April 15 income-tax deadline covers the two dates that matter most.

Frequently Asked Questions

Does a Virginia LLC file an annual report?

No. Virginia does not require LLCs to file an annual information report. Instead, an LLC pays a $50 annual registration fee to the State Corporation Commission each year by the last day of its anniversary month to stay in good standing.

How much is the Virginia LLC annual registration fee?

The annual registration fee is $50 per year for an LLC, set by Va. Code § 13.1-1062. It is a flat fee that does not vary with the LLC's income or number of members.

When is the Virginia annual registration fee due?

On or before the last day of the month in which the LLC was organized - the anniversary month - and by that date each year after. An LLC formed in March pays by March 31 each year.

What happens if you pay the Virginia annual registration fee late?

A $25 penalty is added under Va. Code § 13.1-1064. If the fee is still unpaid on or before the last day of the third month after the due date, the LLC's existence is automatically canceled.

How is a Virginia LLC taxed by the state?

A Virginia LLC is a pass-through entity that files Form 502 with Virginia Tax, and members report income on their individual returns. The LLC may elect to pay the pass-through entity tax at 5.75% on Form 502PTET, with owners taking a refundable credit.

Sources

Code of Virginia - § 13.1-1062, Annual registration fee ($50; anniversary-month due date).
Code of Virginia - § 13.1-1064, $25 penalty and automatic cancellation.
Virginia State Corporation Commission - Virginia Limited Liability Companies: Forms & Fees (annual registration fee; reinstatement LLC-1050.4P $100; Form LLC-1016 no fee).
Virginia State Corporation Commission - Clerk's Information System (CIS) (pay the annual fee online).
Virginia Tax - Pass-Through Entities (Form 502; April 15 due date).
Virginia Tax - Virginia Elective Pass-Through Entity Tax (5.75%).
Virginia Tax - Elective Pass-Through Entity Tax Guidelines (Form 502PTET).
Virginia Tax - Retail Sales and Use Tax (5.3% base).
Virginia Tax - Register a Business (Form R-1).
IRS - Limited Liability Company (LLC) (federal classification).
Legal Information Institute (Cornell LII) - Pass-through taxation.

LegalGlass provides general information for educational purposes and is not legal advice, and is not a law firm or a substitute for advice from a licensed attorney or tax professional. Laws, fees, and thresholds change; verify current requirements with the Virginia State Corporation Commission and Virginia Tax before acting.