At York IE, we imagine nice firms can come from wherever. You don’t must be in Silicon Valley or New York Metropolis or some big metropolis or know-how hub to construct one thing impactful. My profession and my firms (Dyn, WhippleHill, York IE and plenty of extra) live proof.
Proper right here in New Hampshire, we now have every little thing founders have to succeed: beginning with a tax surroundings 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 trying to construct in The Granite State. There may be much more to do (and we’ll!), however the basis is powerful.
Listed below are just a few the explanation why NH is a founder-friendly state:
No earnings tax on wages: Founders and workers hold extra of what they earn, which could be 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 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 enterprise.
Low company tax charges: NH’s average enterprise taxes imply you may reinvest extra into scaling, hiring, and innovating which is strictly what high-growth startups want.
Work-life steadiness: With easy accessibility to the outside and a tight-knit group, NH affords a top quality of life that helps founders and workers keep away from burnout. It’s simpler to concentrate on 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 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 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 variety of out of doors actions, NH is a lovely place to dwell 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 firms with the assist of a tax-friendly state behind them. Whether or not you’re based mostly right here or elsewhere, New Hampshire proves you could 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 Reside Free or Die state.
