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News | News Release Contact: Vanessa Copeland, 371-9141
For Immediate Release: August 16, 2010
SCC eFILE ADDS ANNUAL FILING AND PAYMENT OPTION FOR CORPORATIONS

RICHMOND — The Virginia State Corporation Commission (SCC) has added the ability to file corporate annual reports and pay corporate annual registration fees to its SCC eFile website. This addition is part of the Commission’s commitment to make it easier and quicker for Virginia and foreign corporations to fulfill their corporate filing requirements, via the internet.

SCC eFile – the website used for the submission of the most common business entity filings handled by the Clerk’s Office of the Commission – launched in December 2009. The initial implementation allows businesses to change their registered agent and office information online. A web-based business entity search feature is included, as well.

The new additions to SCC eFile will help more than 217,000 active Virginia and foreign corporations on file in the Clerk’s Office to remain in good standing with the Commission. A corporation’s annual report and registration fees must be current to be considered in good standing under Virginia law. Failure to do so can lead to termination of the company’s corporate standing in Virginia.

The SCC encourages its customers to use the SCC eFile website to handle their business entity transactions that are available online. Traditional methods – filing or paying in person or by postal mail – are still available.

"Since the inception of SCC eFile, we have welcomed over 50,000 visitors to the website." says Clerk of the Commission, Joel H. Peck. "We hope these two new features will result in higher adoption rates of SCC eFile and its services. SCC eFile is the catalyst for the Commission’s transition into more expedited processes in the future."

Two more major online services to be added to the SCC eFile website are tentatively scheduled to be completed over the next several months. These new services include: the ability to file Uniform Commercial Code documents and pay filing fees and the submission of organization documents and payment of associated fees for new Virginia corporations and limited liability companies.

SCC eFile, when fully implemented, will allow the more than 400,000 active business entities (corporations, limited liability companies, business trusts and partnerships) on record in the Office of the Clerk to file certain documents and make payments online.