Best States to Start a Business In
20 items ranked
Below is a list of states where it might be best to start a business.
Click on up and down arrows to affect item's ranking
1.
Montana
No sales tax. Great deductions for businesses. Affordable property taxes.
10 points - added 8 years ago by TracyMcClellan -
2.
Delaware
Delaware is close to major cities on the East Coast: New York City, Philadelphia, Baltimore, Washington D.C.
10 points - added 8 years ago by TracyMcClellan - 1 comment
Comments:
In addition, there is no sales tax. Their banks also have a cap on interest rates that banks can charge. It is also to incorporate your business in Delaware.
Added 8 years ago by TracyMcClellan, 0 points
3.
Nevada
No corporate or individual income tax. Low cost of living. No tax on corporate shares.
5 points - added 8 years ago by TracyMcClellan -
4.
Florida
No state income tax. No S-Corp tax. State has resources that make starting a business easy.
5 points - added 8 years ago by guest -
5.
Alaska
No individual income tax/sales tax. Really great protections for LLCs.
5 points - added 8 years ago by TracyMcClellan -
6.
New Hampshire
Close to major cities. No capital gains tax. No sales tax.
5 points - added 8 years ago by TracyMcClellan -
7.
New Mexico
0 points - added 8 years ago by TracyMcClellan -
8.
Iowa
0 points - added 8 years ago by TracyMcClellan -
9.
Arkansas
0 points - added 8 years ago by TracyMcClellan -
10.
Mississippi
0 points - added 8 years ago by TracyMcClellan -
11.
California
0 points - added 8 years ago by TracyMcClellan -
12.
Hawaii
0 points - added 8 years ago by TracyMcClellan -
13.
New York
0 points - added 8 years ago by TracyMcClellan -
14.
Ohio
0 points - added 8 years ago by TracyMcClellan -
15.
Utah
0 points - added 8 years ago by TracyMcClellan -
16.
Washington
0 points - added 8 years ago by TracyMcClellan -
17.
Oklahoma
0 points - added 8 years ago by TracyMcClellan -
18.
Texas
0 points - added 8 years ago by TracyMcClellan -
19.
South Dakota
0 points - added 8 years ago by TracyMcClellan -
20.
Wyoming
0 points - added 8 years ago by TracyMcClellan -
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