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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>75348</law_id><section_number>13.1-815.1</section_number><catch_line>Charter and entrance fees for corporations</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="13.1">Corporations</unit><unit label="chapter" level="2" order_by="1" identifier="10">Virginia Nonstock Corporation Act</unit><unit label="article" level="3" order_by="1" identifier="2">Fees</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> Every <span class="dictionary">domestic corporation</span>, upon the granting of its charter or upon domestication, shall pay a charter fee in the amount of $50 into the <span class="dictionary">state</span> treasury, and every <span class="dictionary">foreign corporation</span> shall pay an entrance fee of $50 into the <span class="dictionary">state</span> treasury for its certificate of authority to <span class="dictionary">transact business</span> in the Commonwealth. <a id="paragraph-270480" class="section-permalink" href="https://vacode.org/13.1-815.1/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> For any <span class="dictionary">foreign corporation</span> that files articles of domestication and that had authority to <span class="dictionary">transact business</span> in the Commonwealth at the time of such filing, the charter fee to be charged upon domestication shall be an amount equal to the difference between the amount that would be required by this section and the amount already paid as an entrance fee by such corporation. <a id="paragraph-270481" class="section-permalink" href="https://vacode.org/13.1-815.1/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> For any <span class="dictionary">domestic stock corporation</span> that files articles of conversion to become a <span class="dictionary">domestic corporation</span>, the charter fee to be charged shall be an amount equal to the difference between the amount already paid as a charter fee by the <span class="dictionary">domestic stock corporation</span> and the amount that would be required by this section to be paid. <a id="paragraph-270482" class="section-permalink" href="https://vacode.org/13.1-815.1/#C"><i class="fa fa-link"/></a></p></section></text><history>1988, c. 405; 2003, c. 374; 2007, cc. 810, 925; 2008, c. 509; 2021, Sp. Sess. I, c. 487.</history><metadata></metadata></law>
