Online Business License Application

Smithfield has more than 300 businesses. Our local government
strives to assist businesses by providing quality services and a
customer - friendly environment. Businesses are assessed on
annual Business Professional and Occupational License (BPOL)
tax based on annual gross receipts. Business licenses can be
obtained if the business location is properly zoned. Aside from
issuing business licenses, the town does not regulate businesses nor
intervene in consumer disputes.

Business Licenses for existing businesses must be purchased by
April 15 in order to avoid penalties and interest. A 10% penalty
will be added to those purchased after the due date, and interest at
the rate of 10% per annum will be added as of May 1. A copy of
the current year’s Schedule C is required as backup for reported
gross receipts. If the backup is not provided, you will not be
allowed to purchase a business license the following year until the
backup requirement has been satisfied. New businesses may
contact the Treasurer’s office at any time during the year for
purchase of a business license. The first year’s license may be
based on estimated gross receipts.

The Smithfield Police Department offers as a free service a
business security assessment. To have your property evaluated
please call the Smithfield Police Department at (757) 357-3247.
 

BPOL Tax:
Contractors: .10 cents per $100 of gross receipts
Retail: .12 cents per $100 of gross receipts
Professional: .35 cents per $100 of gross receipts
Repair/Personal and
Business Service .20 cents per $100 of gross receipts
Wholesalers .05 cents per $100 of gross receipts

To Apply for a Business License;

You Must Visit the Treasurer's Office located at 310 Institute Street Smithfield Virginia 23430

in Person to Sign the Appropriate Forms.

Online Business License Application