Virginia SCC Adds Annual Filing and Payment Options for Corporations to Growing List of eFile Services
As previously noted on the Virginia Business Law Update, the Virginia State Corporation Commission (SCC) is in the process of rolling out a new suite of electronic filing capabilities on its SCC eFile website. The latest enhancement is a welcome addition to all Virginia corporations -- the ability to file corporate annual reports and pay corporate annual registration fees online.
Over the coming months, the SCC plans to further expand the services available on its SCC eFile website. Specifically, Virginia corporations and limited liability companies will be able to submit organizational documents electronically and pay associated fees on the SCC eFile website. Additionally, Virginia businesses will be able to file Uniform Commercial Code (UCC) documents and pay UCC filing fees online.
For any Virginia business owner who has attempted to navigate the State Corporation Commission’s (SCC) website, the news of a more user friendly experience is certainly reason to rejoice! According to an article in Virginia Lawyers Weekly, the SCC has launched the first wave of a “suite of electronic filing capabilities.”
Although the new “eFile” functionality is currently limited to changing registered agent information, Virginia businesses can expect several additional changes in the coming months. For instance, businesses will soon be able to eFile Uniform Commercial Code (UCC) financing statements, corporate annual reports, and corporate formation documents. Eventually, businesses will be able to pay filing fees online.
In addition to launching the eFile initiative, the SCC is also revamping its antiquated Clerk’s Information System. When complete, the new system will significantly improve user experience by making it easier to conduct name searches and obtain information about existing Virginia businesses.
These changes are long overdue but, thankfully, the SCC will soon join the rest of us in the 21st century!