DOMINION COMMERCIAL WELCOMES YOU
Strategically located on the U.S. East Coast and adjacent to Washington, D.C., Virginia’s integrated transportation system of highways, railroads, airports, and seaports provide logistical advantages for companies in every industry. The northernmost right-to-work state on the East Coast, Virginia is consistently ranked as one of the nation’s top states to do business. Home to more than 800 internationally owned companies, Virginia offers the right environment for business success.
As the nation’s third-largest state-maintained transportation network, Virginia’s highway system includes more than 70,000 miles of primary and secondary roads and six major north-south and east-west interstate routes. The roadways offer one-day access to more than 47% of the U.S. population.
Virginia’s natural beauty encompasses the majesty of the Blue Ridge and Appalachian Mountains, an abundance of lakes and rivers, and a thriving beachfront. Outdoor enthusiasts have easy access to every possible activity from mountain biking to bird watching to deep sea fishing and the Commonwealth’s four-season climate means there is always a new reason to get outside.
Virginia’s premier talent base makes for a world-class labor pool ready to meet business needs in all key employee profiles. Across industries, Virginia’s workforce is one of the most productive and educated populations in the country – 38% of the population has a bachelor’s degree or higher, making the Commonwealth the sixth most educated state in the country (and first in the South).
Virginia has maintained a AAA rating since 1938, longer than any other state. Since 1972, Virginia has had a stable 6% corporate income tax, lower than the national median of 6.5%. For mature, labor-intensive manufacturers, the effective state and local tax rate is 4.3%. The Commonwealth ranks 10th for corporate taxes in the Tax Foundation’s 2019 State Business Tax Climate Index.