Why Nevada?

Because…

  • 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 the United 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.

Taxes

Nevada offers one of the most business-friendly tax environments in the United States.
Nevada has:

  • NO Personal income tax
  • NO Admissions tax
  • NO Unitary tax
  • NO Inventory tax
  • NO Franchise tax
  • NO 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.

The Commerce Tax was enacted by the Legislature in 2015. This tax applies to businesses with annual gross receipts in excess of $4 million. Rates vary by industry type. Fifty percent of a businesses’ commerce tax can be applied as a credit against the modified business tax. The tax is paid annually and begins to accrue on July 1, 2015, but is not first payable until August 15, 2016.