The Office of the Commissioner of the Revenue administers business licenses and business property taxes.
Business Professional Occupational License
All business owners, including owners of home-based businesses, are subject to a Business Professional Occupational License (BPOL) Tax
. Business owners are required to register the business with the Commissioner of the Revenue within 30 days of commencing business operations in Loudoun County. Business owners must renew their business license registration each year by reporting the business’s gross receipts. The renewal should be completed online
. Both filing and payment are due by the March 1 deadline. Late filing penalties may be assessed for renewals submitted after March 1. Once this tax is paid, a local business license is issued as a receipt.
Business Tangible Personal Property
All owners of business tangible personal property are subject to Business Tangible Personal Property (BPPT) Tax
and are required to annually declare for taxation all property such as furniture, fixtures, computer equipment, machinery, tools, and heavy equipment that was located in Loudoun County on January 1 of each year. This includes property owned by the business, property owned personally and used in the business on a full- or part-time basis, property received as a gift, property that is leased or rented, and property that is fully depreciated or expensed for federal tax purposes. Business owners must submit business tangible personal property information along with a current asset list by April 15 of each year. The submission should be completed online
. Business tangible personal property taxes are billed semiannually and are due to be paid to the Loudoun County Treasurer by June 5 and October 5 of each year.
Additional information regarding Loudoun's tax deadlines is available on the tax calendar