It's All About Business!
If you thought Las Vegas was only about casinos and cheap food, think again. Low or non-existent taxes in Nevada has provided a breeding ground for new business and large corporations to relocate to Las Vegas. Many companies have found everything they have dreamed of for a perfect place to start a business or move their headquarters to Las Vegas.
There are many incentives and opportunities that make Las Vegas attractive to businesses and corporations. This has recently been highlighted by the Small Business Survival Index which ranked Las Vegas as second overall in the nation based on its policy climate for small business and entrepreneurship. Some examples where Nevada scored high include the following:
Personal Income Tax, Capital Gains Tax, Corporate Income Tax, Property Taxes, Sales, and Death Taxes. The Small Business Survival Index is produced by the Small Business Survival Committee (SBSC), a national, nonprofit small business advocacy organization with 70,000 members nationwide. To learn more about the Index and the SBSC, please
click here. The SBSC's Index rates states based on 20 government imposed or related costs affecting the ability for a corporation to do business.
To view the full report, see: http://www.sbsc.org/Media/pdf/SBSI2002A.pdf
Not only has the state of Nevada been awarded for its business friendly attitude, but the city of Las Vegas has been working hard to earn that reputation too. In fact, the city of Las Vegas has been frequently named as the best place to start a business in the nation! Everything from Entrepreneur Magazine to Inc. Magazine keep saying the same thing: Las Vegas is a great place to do business. D &B and
Entrepreneur's 2003 "Best Cities for Entrepreneurship" announced that Las Vegas ranks 1st in the West for economic growth and entrepreneurial activity and ranks 11th overall in the nation.
To view this report, click here.
"Four criteria are used to rank the cities: entrepreneurial activity (based on the number of businesses 5 years old or younger), small-business growth (based on the number of businesses with fewer than 20 employees that had significant employment growth from January 2001 to January 2002), economic growth (change in job growth over a three-year period through January 2002), and risk (bankruptcy rates)."
Source: Entrepreneur Magazine
To learn more about what the city of Las Vegas is doing to attract new business to the city please visit the following
10 smart reasons to relocate your business in the city of Las Vegas. If you've been thinking about starting a business in Las Vegas and need some guidance please visit
City of Las Vegas Department Listings. There is a long list of departments and city organizations that will help you get your business moving.
Recent corporate moves and new distribution centers that have opened in Las Vegas include the following non-gaming entities: Big O Tires, Citibank and Ocean Spray just to name a few.