50-State Financial Services Licensing Compliance Guide
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West Virginia Finance Licensing

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Licenses are typically required for individuals and businesses that provide finance industry services in the United States. This guide contains information about professional finance licensing in West Virginia.

Company Licenses

West Virginia Financial Services Company Licenses

West Virginia Collection Agency License

Agency:West Virginia State Tax Department
Foreign Qualification is Prerequisite:Not Set
Bond Requirements:

$5,000 surety bond.

Notes:

West Virginia does not issue collection agency licenses but instead requires agencies to submit a bond along with their business registration. Agencies with multiple locations must register and submit a bond for each office location.

Exam Required?Not Set
Registered Agent (Special Agency) Required?Yes

Initial Registration

Form:

Form WV/BUS-APP and Form CAB-1: Collection Agency Bond

Agency Fee:

$30

Notes:

Collection agencies should select the collection agency option on the business registration application and submit the surety bond form to register.

Renewal Not Required

Not required



Business and bond registrations do not need to be renewed.

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