County Offices Commissioner of the Revenue Business Tax
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Business Tax
All businesses with
gross receipts over $4,000 must purchase a business license before
conducting business in the Isle of Wight County. Generally, the license
fee is based on gross receipts and will vary according to the type of
business. To determine the license fee, go to our Forms Section
on this website and select the "Business License Application"
form. This form contains the rate schedule for Business
Licenses. If you need assisstance please contact our Business Tax
Division at 757-365-6321. The license expires December 31 and must be
re-newed by March 1 of the following year.
When starting a business in Isle of Wight, please contact the
Commissioner of the Revenue so that your business may be correctly
classified. A majority of the license taxes are based on gross
receipts. The tax rate will vary according to the business category.
You must file an application and pay the business license tax prior to
your first day of business. Depending on your business, there may be
additional requirements to meet before your first day of business. In
addition to the business license tax, you will may be required to pay
other taxes prior to the issuance of your license.
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