It’s not always the first location to spring to mind, but Northern Nevada is an excellent location for businesses looking to expand or relocate. From tax breaks to competitive rates, a geographically ideal location and impressive incentives, more and more businesses are taking a closer look.
We got into detail about the many advantages of doing business in Nevada on our website, but let’s review some highlights:
- No corporate or personal income tax
- No franchise or unitary tax
- Minimal employer payroll tax
- Competitive utility rates
- Low start-up costs and low regulatory, licensing and annual fees
- Exceptional proximity to the West Coast and California markets, plus reduced shipping/storage fees
- Competitive air cargo costs for air shipping out of state
And what about those incentives I mentioned at the start of this post? The Governor’s Office of Economic Development offers tax incentives to businesses considering expansion or relocation to Nevada. And they’re attractive – just ask Tesla.
Reno-Sparks has ranked as one of the best cities for job growth, and Nevada is consistently on lists compiled by publications like Forbes and Money as having one of the best business climates in the nation. But that’s not all. Northern Nevada has good schools and an easily-accessible outdoor lifestyle thanks to nearby Lake Tahoe and world-class skiing. Then there are the championship golf courses, fabulous annual events like the Great Reno Balloon Races and Artown, and 300 days of sunshine annually.
Once you see why this is such a great place to be, the next step is finding suitable properties for your business. We’d love to show you around our town. As the longest-running industrial real estate agency in northern Nevada, we have no problem stating that no one knows this place better.