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Best States To Do Business

Best States To Do Business

Yes, we absolutely love Wyoming.  Why?

  • It’s incredibly beautiful here
  • The people are friendly
  • AND…it continues to be in the top lists of places to do business. But don’t just take our word for it!

According to an article in the 2015 publication by Wyoming Business Connections  Titled “BEST IN CLASS”, by Ron Starner, “Trying to list Wyoming’s most important business climate attributes is sort of like trying to name the most scenic vistas in the Cowboy State. The list gets long pretty quick.”

Wyoming has definitely set itself apart when it comes to the business environment of other states.

When the Tax Foundation released it’s last annual report Wyoming Governor Matt Mead was quoted as saying “Wyoming has earned it’s reputation of being the best place for business. We have focused on reduced regulatory burdens and increased policies that promote growth. “

http://taxfoundation.org/article/2015-state-business-tax-climate-index

Here are some of the reasons Wyoming has been at the top of many lists time and time again.

  • Wyoming is fiscally conservative. According to the 2015-2016 Supplemental Budget Report, the state boasts a $2 Billion budget surplus.
  • AAA credit rating
  • Wyoming is also investing in transportation and Internet Infrastructures
  • Reduced regulatory burdens
  • Low corporate filing fees
  • Most business friendly tax climate

Other Wyoming Mentions

Cheyenne, Wyoming can also be found on the Global Trade Site Selection List 

Small Business Council Policy Index 2014  http://www.sbecouncil.org/wp-content/uploads/2014/12/SBPI2014Final.pdf

USA Today http://www.usatoday.com/story/money/business/2015/03/01/247-wall-st-best-states-business-story/24107507/

Read the Wyoming Business Climate Magazine at http://www.wyomingbusiness.org/news/article/wyoming-business-climate-magazine-now-/8873

Wyoming Business Council Wyoming Rankings

From Idea to Profit- Upcoming Webinar

The Wyoming Entrepreneur SBDC is sponsoring a webinar next week to help entrepreneurs commercialize their invention or new technology. They will be discussing things such as:

  • rigorous and realistic analysis
  • strategies,
  • processes that can improve your chances
  •  common pitfalls to avoid
  • how to mitigate risk

Date: Tuesday, August 18, 2015; 2:00 PM- 3:00 PM

Speaker: Jeff Carpenter, point person behind Bird Dog Innovation Strategies

Register: http://wyen.biz/events

Nevada Doubles Minimum Corporation Renewal Fees- Effective 7/1/15

On the last day of  the 2015 legislative session, the largest tax increase in Nevada’s state history was passed by the Senate in an 18-3 vote. Republican Governor Brian Sandoval  was pleased to announce the passage of the tax plan, which will bolster public education by more than a billion dollars.

Part of the increases include entity renewals with the Secretary of State. Effective July 1, 2015 all Nevada entities will pay an increased Annual List fee of $25.  In addition, Corporations have an increase of $300 for the state license fee.

Previously the minimum Corporation renewal fee was $325 ($125 for  Annual List of Officers and $200 for the state business license).  All Corporations will now pay $325 more per year in Nevada., bringing the minimum renewal fee to $650.  Any Nevada entities that are due in July and August may renew by June 30th to avoid the fee increase.

See the Nevada Secretary of State news release of 6/12/15 for verification.  https://nvsos.gov/index.aspx?recordid=1823&page=23

If you or anyone you know is interested in moving an entity to Wyoming,  call us at (800) 891-5987 for more information. We’ll be happy to assist you.

 

 

 

Governor Signs Bill Expanding WIA Duties

Wyoming Governor Matt Mead recently signed a bill to expand the duties of the Wyoming Infrastructure Authority (WIA). Previously the WIA’s duties primarly focused on electricity but the new bill is said to include “electric and energy transmission infrastructure.”

According to a recent publication by the Wyoming Business Report, “the change is primarily designed to give the agency a greater role in the development of coal infrastructure, particularly the kind that would allow state producers to more readily export coal from proposed deepwater ports that are under heavy public fire.”

The apparent goal is to expand the WIA’s role without stepping on the toes of other agencies that fall into the category of “energy transmission”-such as the Wyoming Pipeline Authority- as well as improving on the amount of coal export.

For more information, call us Toll Free: (800) 891-5987 Outside the US: (307) 635-8700 Fax number:(307) 635-1300

Wyoming Direct Financial Incentives 2014

Wyoming continues to be a leader in the list of business friendly states. Read about the 2014 business incentives at the link below.

http://www.areadevelopment.com/stateResources/wyoming/WY-Direct-Financial-Incentives-2014-
509274.shtml#.U0hhI7QGa34.blogger

For more information, call us Toll Free: (800) 891-5987 Outside the US: (307) 635-8700 Fax number:(307) 635-1300

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