Virginia law does not have any procedure for an unqualified party to transform itself into a qualified party, in advance of any election. It just has candidate petitions. It defines a party as a group that polled 10% for any statewide race at either of the last two elections.
Virginia only allows party labels for petitioning candidates if the group has shown that it has a committee in each of the state’s eleven U.S. House districts, at least six months before the petitioning deadline. Recently the People’s Party completed the paperwork, documenting that it has the needed committees in each district. Therefore, if the People’s Party petitions for any federal partisan offices in 2022, its nominees can have the party label on the ballot.
There are no statewide offices up in Virginia in 2022. There are only U.S. House elections, and local elections, and Virginia doesn’t print party labels for local elections, even if they are partisan.