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"Gross receipts" is defined in the Code of Virginia, §58.1-3700.1, as "the whole, entire, total receipts, without deductions." This is generally the same figure as:
Each individually licensable activity, at each business location must have a separate license.
Rarely, but is true in the case of a business/nightclub that sells alcohol. Businesses who sell alcohol must obtain the following:
Note: These are in addition to state licenses required from the ABC Board. These businesses must include gross receipts for alcohol sales within the total gross receipts reported for the retail business license, even though they also obtain a separate business license for alcohol sales or nightclub activities.
Exceptions are noted on the back of the business license application, along with a list of flat-fee-based licenses. Here are a few notable ones:
Call our office at 804-748-1281 for questions regarding special circumstances that might affect your classification or the determination of the proper basis for your license calculations.
Before applying for a business license through the Office of the Commissioner of the Revenue, business owners must register the trade or "doing-business-as" name with the Office of the Circuit Court Clerk if the:
It is unnecessary to register the business name if the:
No, the state contractor’s license is separate from your local business license, and separate rules apply.
You pay only the minimum fee, according to the schedule on the back of the application form. Only if your business takes in $200,000 or more in gross receipts for the licensable activity must you calculate your license from the gross receipts.
Yes, but it is free!
No, but you may be considered delinquent! Once you have received your first business license, you are considered "in business" until you declare in writing that you are "out of business."