This disclosure document summarizes certain provisions of your franchise agreement and other information in plain English. The most significant legal requirement for franchising a business is the development of a Franchise Disclosure Document ("FDD").Franchisors must register a franchise with the Virginia Corporation Commission before selling or offering to sell a franchise. Virginia is a franchise registration state. Franchisors must provide accurate and complete information in the Franchise Disclosure Document (FDD). Some other documents involved in forming a franchise include letters of intent, trademark license agreements, and operations manuals. Virginia is a franchise registration state. While they say "Virginia is for lovers," it's also a great place to start a franchise. So, you must register your FDD with the Virginia State Corporation Commission prior to offering or selling franchises in the state. To the City and authorized to do business in the Commonwealth of Virginia.