At York IE, we consider nice corporations can come from wherever. You don’t should be in Silicon Valley or New York Metropolis or some large metropolis or know-how hub to construct one thing impactful. My profession and my corporations (Dyn, WhippleHill, York IE and lots of extra) live proof.
Proper right here in New Hampshire, we’ve every little thing founders have to succeed: beginning with a tax setting that places extra money again in your pocket. I not too long ago was in our state’s capital, Harmony, NH, for conferences and met with Taylor Caswell, Commissioner, NH Division of Enterprise and Financial Affairs (BEA), and Mike Skelton, CEO, Enterprise and Trade Affiliation of NH (BIA), and conversations had been all concerning the goodness this state has to supply any and all trying to construct in The Granite State. There’s much more to do (and we are going to!), however the basis is robust.
Listed below are just a few the explanation why NH is a founder-friendly state:
No revenue tax on wages: Founders and workers hold extra of what they earn, which generally is a game-changer once you’re in development mode.
No gross sales tax: Whether or not you’re launching a product or scaling operations, the shortage of gross sales tax helps you stretch each greenback additional.
No capital features or property tax: When it’s time to exit or plan for the long-term, NH’s favorable tax construction and belief legislation ensures extra of your wealth stays with you and your small business.
Low company tax charges: NH’s average enterprise taxes imply you’ll be able to reinvest extra into scaling, hiring, and innovating which is strictly what high-growth startups want.
Work-life stability: With easy accessibility to the outside and a tight-knit group, NH provides a top quality of life that helps founders and workers keep away from burnout. It’s simpler to give attention to constructing when you’ll be able to unplug and recharge. Discover all of New England with a brief drive.
Accessible expertise: New Hampshire’s proximity to Boston, prime universities and a rising tech scene means there’s no scarcity of expertise. Plus, with out the cutthroat competitors of bigger markets, startups right here can entice and retain expert individuals extra simply.
Proximity to main markets: NH is near main hubs like Boston and New York, however with out the excessive prices. You get the very best of each worlds: entry to bigger markets with out the big-city bills.
Prime quality of life: With top-tier faculties, low crime charges, and a spread of out of doors actions, NH is a lovely place to stay and work, making it simpler to recruit and retain expertise.
At York IE, we’re proud to be a part of the NH startup ecosystem, serving to entrepreneurs construct growth-focused corporations with the help of a tax-friendly state behind them. Whether or not you’re primarily based right here or elsewhere, New Hampshire proves which you can construct one thing unbelievable, wherever. We’re a startup serving to startups with our Advisory as a Service platform and enterprise capital funds… and we’re proudly primarily based proper right here within the Reside Free or Die state.
