Virginia

 
Types of captives allowed
  • Single parent captives
  • Association captives
Initial licensing and incorporating fees required by the domicile

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Premium tax rate
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Minimum capital (broken out by type of captive)

Stock companies: $1 million capitalization
Non-stock companies $4 million surplus

Applicable Acts/Enabling Legislation
38.2-1100 et seq. of the Code of Virginia
Captive Administrator’s name and longevity in position
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Speed of licensing
90 - 120 days
Regulator
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Address and contact information of Regulatory Department
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Website Address
https://scc.virginia.gov/