At York IE, we consider nice corporations can come from wherever. You don’t must 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) reside proof.
Proper right here in New Hampshire, now we have every thing founders must succeed: beginning with a tax atmosphere 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 Business Affiliation of NH (BIA), and conversations have been all in regards to the goodness this state has to supply any and all seeking to construct in The Granite State. There’s much more to do (and we’ll!), however the basis is robust.
Listed here are a number of the reason why NH is a founder-friendly state:
No earnings tax on wages: Founders and workers maintain extra of what they earn, which generally is a game-changer while 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 beneficial properties or property tax: When it’s time to exit or plan for the long-term, NH’s favorable tax construction and belief regulation ensures extra of your wealth stays with you and what you are promoting.
Low company tax charges: NH’s reasonable enterprise taxes imply you may 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 gives a high quality of life that helps founders and workers keep away from burnout. It’s simpler to give attention to constructing when you may unplug and recharge. Discover all of New England with a brief drive.
Accessible expertise: New Hampshire’s proximity to Boston, high 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 appeal to and retain expert folks 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 most effective of each worlds: entry to bigger markets with out the big-city bills.
Top quality of life: With top-tier colleges, low crime charges, and a spread of out of doors actions, NH is a horny place to reside 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 based mostly right here or elsewhere, New Hampshire proves 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 based mostly proper right here within the Stay Free or Die state.
