- Nevada has one of the most affordable business climates in the United States while also having easy access to large California markets and ports.
- Las Vegas and the Reno area are both strategically located to other metropolitan areas and large markets.
- McCarran International Airport is one of the busiest destination airports in theUnited States,and we have some of the lowest corporate annual travel costs in the country.
- Las Vegas boasts first-in-class fiber-optic data connections, making it a national data hub.
- Las Vegas hosts more than six million convention-goers a year, making it a hub for corporate meetings and events.
- Las Vegas is a hotbed for start-ups with a dynamic entrepreneurial class centered around its downtown.
Nevada offers one of the most business-friendly tax environments in the United States.
Nevada has NO:
- Corporate or personal income tax
- Admissions tax
- Unitary tax
- Inventory tax
- Franchise tax
- Inheritance (Estate) or Gift tax
Sales Tax: Nevada does not charge sales tax on food items for home use, medicine, or services.
Property Tax: $3.1015 (Weighted Average) per $100 assessed value (assessment ratio 35%)* * Weighted average for Clark County. Actual dollar amounts vary by township/city with a cap of $3.64 per $100.00 of assessed valuation, plus 2 cents added to the state debt component for capital projects, for a total of $3.66.
Modified Business Tax: No tax on gross wages less than $50,000 per calendar quarter and 1.45 percent on gross wages above $50,000 per calendar quarter.
Businesses with concern about high energy or water use can rest easy. The Las Vegas region ranks well for utility costs relative to surrounding metropolitan regions. Our utility companies are partners in economic development and are happy to assist with answering questions and providing relevant information about energy or water needs for your business.