Nevada legislature has pushed for the creation of a business-friendly legislature in order to make it a more attractive state for businesses that are looking for tax advantages or laws that promote business rather than smother it. Fortune magazine stated that “Nevada’s attraction is that it has one of the lowest costs of doing business in the West” therefore making it one of the best states in America for business.
Trust Advisor polled its readers when they asked which state is best for trusts. Nevada won with 64% of the vote, Alaska in second place with 15%, South Dakota at 11% and Delaware with 10%. This poll included all forms of trusts.
Nevada legislature has pushed for the creation of a business-friendly legislature in order to make it a more attractive state for businesses that are looking for tax advantages or laws that promote business rather than smother it. Fortune magazine stated that “Nevada’s attraction is that it has one of the lowest costs of doing business in the West,” therefore making it one of the best states in America for business.
Companies such as Tesla, Hyperloop Technologies, and Aqua Metals have moved to Nevada to take advantage of huge savings.
The Following are some advantages that come with doing business in Nevada:
Nevada is without a doubt a business-friendly state. Nevada has evolved as a friend to companies of all kinds, and is no longer recognized just for its gaming sector.