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Owners of Wyoming corporations are responsible only for federal income taxes, the rest is theirs to keep and distribute at will. Wyoming also offers tax exemptions to businesses purchasing raw materials for production. Business-to-consumer transactions on gasoline and groceries are exempt from state taxes as well, which is a big benefit to entrepreneurs in these areas of business.

Entrepreneurs in real estate investing and debt collection can thrive on deals performed in-state without worrying about the often high capital gains tax that many states require.

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Nevada is often discussed as one the most popular places in the country to start a business because of their extremely low taxation and commitment to privacy. Nevada is one of the three states in America to enforce no corporate or individual income tax, nor any tax on corporate shares.

Florida ranks high in a study performed by the Tax Foundation, primarily due to the fact that it lacks the state individual income tax.

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Software businesses especially benefit from incorporating in Florida. According to Tax Foundation research, Florida is one of several states that provide exemption from taxes for business-to-business software sales. This act allows both software users and retailers of businesses to save big on bulk purchases of expensive software licenses.

If you can stand the climate, Alaska offers a blend of business hospitality that is specifically set up to attract new companies to the area. Perhaps just as important is the fact that the state does not have any sales tax, which allows businesses to decrease costs by buying materials and supplies in-state. The Northern Lights.

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Alaskans rave about this beautiful star show, only visible in locations close to the North Pole. This unique structure is largely why New Hampshire was listed among the best states in the country in terms of individual income taxation. Companies buying supplies from other companies pay substantially less without the additional sales tax added on.

New Hampshire does tax business profits at a rate of 8.

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However New Hampshire redeems itself in this aspect by enforcing no capital gains tax. Close proximity to major cities many people living in New Hampshire commute to Boston. New York City is only hours away by car. The state offers business owners an escape from sales tax, which is an excellent way for Montana to spur its own economy by encouraging business to do their materials shopping in-state.

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While having no state sales tax is certainly a perk, it is not the only reason why businesses should consider incorporating in Montana. The state is home to the 10th best property tax and 16th best corporate income taxes in the nation. Businesses in Montana are eligible for a high number of tax deductions not seen in other states.

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These credits and deductions include job credits, research and development deductions and credits, investment credits, and deductibles for the cost of goods sold by the business. A ton of space to grow. The population is under one million in the fourth largest state! What is it that makes Delaware so attractive to corporations?

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Besides not charging any sales tax, the state offers a comprehensive package of incorporation services including thorough and easily accessible legal guidance from their well-developed legal courts. The Delaware beaches are beautiful, kid-friendly, and perfect for vacation. From anywhere in the state, you can get to most in fewer than two hours. Defragmentation reverses this by rearranging data and speeding up access times dramatically.

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