The following is a preliminary list of documents and forms related to the formation and operation of a Virginia nonstock corporation exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Additional documentation and start-up issues may apply depending upon a variety of factors (e.g., the structure, mission, and activities of the organization).
NOTE: Section 501(c)(3) organizations are exempt from Virginia sales and use tax. Online application for a sales and use tax exemption certificate is available at www.npo.tax.virginia.gov. On another related note, certain charitable organizations falling within classifications and designations set forth in Sections 58.1-3606 through 3622 of the Code of Virginia may qualify for exemption from personal and real property tax exemption. Consult with your accountant and city/county tax authorities for details.
NOTE: Nonprofit organizations are required to file a Virginia corporation income tax return only if they incurred unrelated business taxable income at the federal level.