Why Reno?
If you are considering relocating your business to Reno, please visit: EDAWN, Nevada Tomorrow, and NV GOED
FAVORABLE TAX CLIMATE
No Corporate Tax
No Personal Tax
No Inventory Tax
No Franchise Tax
No Special Intangible Tax
TRUCK SERVICE
In just 1-day truck service can reach 60-million customers. Greater Reno-Sparks area is centrally located in the Western United States and is within 1-day truck service to over 60 million customers and 2-day truck service to 11 states.
COMPETITIVE COMMERCIAL UTILITY RATES
Companies are more profitable when they keep operating costs low. In Nevada, the commercial utility rates are less than half California’s. That means companies relocating from California can save over half on their monthly utility costs.
NEVADA BUSINESS TAX INCENTIVES
The Nevada Governor’s Office of Economic Development (GOED) offers tax incentives to companies that relocate or expand their businesses, subject to meeting the criteria for job creation, average wage, and capital investment, medical benefits.
SILVER STATE WORKS TRAINING ASSISTANCE & FINANCIAL INCENTIVES
Nevada’s Silver State Works program incentives workforce training for companies that relocate or expand in our region and offers three types of funding options. Including employer-based training, employer incentive job program & incentive-Based employment.
OPPORTUNITY ZONE TAX BENEFITS
The Opportunity Zone tax incentive program is designed to encourage new equity, long-term capital investment in low-income areas The three core incentives include: temporary deferral of capital gain, step-in basis, & permanent exclusion from taxable capital gains income.
GREEN BUILDING ABATEMENTS
Created to promote energy efficiency in Nevada. Partial property abatement for up to ten years are awarded by the Governor’s Office of Energy to owners who build or renovate buildings to be more energy-efficient and create significant energy savings may be eligible for partial property tax abatement.
