|
|
|
Commissioner of the Revenue's Office
Business License
Every person or corporate entity engaging in business in Salem must obtain a business license. If the business will be operated from a residence, then a home occupation permit must first be obtained from the Buildings Inspections & Zoning Department (540)375-3036. (For more information on home-based businesses, please refer to the Home Occupation permit application.) Every business that uses a trade name (i.e. Jane's Flower Shop) must register that trade name with the Clerk of Circuit Court (540) 375-3067.
The cost of the license is based on gross receipts. The rates are as follows:
| Amusement Service |
$30 first 8,334 gross receipts plus $.36 per $100 excess |
| Business Service |
$30 first 8,334 gross receipts plus $.36 per $100 excess |
| Contractor |
$30 first 18,750 gross receipts plus $.16 per $100 excess |
| Finance Service |
$30 first 15,000 gross receipts plus $.20 per $100 excess |
| Personal Service |
$30 first 8,334 gross receipts plus $.36 per $100 excess |
| Professional Service |
$30 first 5,173 gross receipts plus $.58 per $100 excess |
| Real Estate Service |
$30 first 5,173 gross receipts plus $.58 per $100 excess |
| Repair Service |
$30 first 8,334 gross receipts plus $.36 per $100 excess |
| Retail Merchants |
$30 first 15,000 gross receipts plus $.20 per $100 excess |
| Short Term Rental |
$30 first 15,000 gross receipts plus $.20 per $100 excess |
| Wholesale Merchants |
$50 first 10,000 purchases plus $.13 per $100 excess |
The City of Salem exempts home-based business up to $8000 per year in gross receipts. Businesses that do not exceed this amount, are not required to pay for the license. They need only go through the steps to acquire the license and remain on file.
Business License filing deadline: Jan. 31
Payment deadline: March 1
Business Personal Property filing deadline: Feb. 15
Payment deadline: May 31
|
