Virginia’s leaders are committed to maintaining a profit-friendly environment that meets the needs of our business community. Right-to-work and at-will laws are just two of the ways we support free enterprise with business-friendly practices.
Virginia boasts competitive, stable operating costs, and a 6% corporate income tax—one of the lowest in the nation — that has not increased since 1972. Our performance-based business incentives demonstrate our willingness to invest in those who invest in the Commonwealth.
Advanced training and diverse skill sets make our workforce one of our greatest assets and one of your greatest advantages. Virginia is among the most educated states in the U.S., with more than 500,000 students enrolled in colleges and universities.
Our strategic mid-Atlantic location puts you within easy reach of major business and governmental hubs, with seaports and airports providing global access. Here in Virginia, you’re within a one-day drive of 40% of the U.S. population.
With its unique combination of assets, Virginia has attracted U.S. enterprise for more than 400 years. Many businesses searched the world over for a specific set of resources that would help ensure their prosperity. Their search ended here. We hope yours will, too.
Virginia provides a pro-business environment, a great atmosphere for development and expansion, and leadership that understands the importance of maintaining a profit-friendly environment.
We invite you to compare Virginia against other states and discover the many opportunities for success here in the Commonwealth.
We understand the complicated demands of locating a business overseas and offer years of experience to make your project run smoothly. Start the conversation by entering your contact information below.
The Virginia Economic Development Partnership (VEDP) was created in 1995 by the Virginia General Assembly to raise the standard of living for all Virginians through aggressive business recruitment, expansion assistance and trade development. We focus on cultivating new business investment, fostering international trade growth and encouraging the expansion of existing Virginia businesses.