                                 CODE OF VIRGINIA

CHARTER AND ENTRANCE FEES FOR CORPORATIONS (§ 13.1-815.1)

A. Every domestic corporation, upon the granting of its charter or upon
domestication, shall pay a charter fee in the amount of $50 into the state
treasury, and every foreign corporation shall pay an entrance fee of $50 into
the state treasury for its certificate of authority to transact business in the
Commonwealth.

B. For any foreign corporation that files articles of domestication and that had
authority to transact business 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.

C. For any domestic stock corporation that files articles of conversion to
become a domestic corporation, 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
domestic stock corporation and the amount that would be required by this section
to be paid.

HISTORY: 1988, c. 405; 2003, c. 374; 2007, cc. 810, 925; 2008, c. 509; 2021, Sp.
Sess. I, c. 487.