The article examines the determinants of the functioning of the virtual economy, examines the role and principles of virtual enterprises, the authors attempt to describe graphical specification of the transition of the actual economy into the virtual one, and review the agents of the virtual economy. Attention is focused on the post-industrial society, specifics of the informatization of the public life, partial (or full) virtualization of economic activity of the enterprises of regions of the Russian Federation. Some economists criticize the idea, while other researchers talk about the positive effect of the virtual economy. Neither of these, the third ones state that the virtual economy represents the most advanced stage of development of capitalism. The article examines the conditions of formatting and developing of the virtual economy: information, knowledge, and the ways of its transmission. The present treatise highlights the role of virtual organization. The conclusion is that these days the category of "virtual economy" is being intensified in almost all spheres of society and giving rise to new phenomena of the development of the person`s virtual activity, social and economic changes, spatially localized and virtual economic systems.