At York IE, we consider nice firms can come from wherever. You don’t need to 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) reside proof.
Proper right here in New Hampshire, we’ve got every part founders must succeed: beginning with a tax setting that places more cash again in your pocket. I lately 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 concerning the goodness this state has to supply any and all seeking to construct in The Granite State. There may be much more to do (and we’ll!), however the basis is powerful.
Listed here are a couple of explanation why NH is a founder-friendly state:
No revenue tax on wages: Founders and staff 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 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 reasonable enterprise taxes imply you may reinvest extra into scaling, hiring, and innovating which is precisely what high-growth startups want.
Work-life steadiness: With easy accessibility to the outside and a tight-knit neighborhood, NH affords a top quality of life that helps founders and staff keep away from burnout. It’s simpler to deal with constructing when you may 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 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 faculties, low crime charges, and a variety of out of doors actions, NH is a lovely 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 firms with the help of a tax-friendly state behind them. Whether or not you’re primarily based right here or elsewhere, New Hampshire proves that 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 primarily based proper right here within the Stay Free or Die state.
