Business Environment

Reno/Sparks has a very competitive business environment. Consider the following advantages:

• No Corporate, Inventory, Personal Income, Unitary, or Franchise Tax.
• Low Property Taxes.
• Sales Tax abatement on capital equipment for companies meeting state requirements for economic development.
• State funding of employee training for new business.
• State assisted job hiring free to new companies.
• IDB funding available for new construction.
• Right to Work State.
• Nevada Ranks #2 in “Expansion Management’s” “Legislative Quotient” rating of States on their attitudes toward business.
• Reno ranks #5 in Entrepreneur Magazine’s ranking of best small cities for business.
• A Grant Thornton accounting study shows that a manufacturer doing 4 million in annual sales with 50 employees will have a 33% tax savings annually by operating in Reno/Sparks vs. Los Angeles.
• Tourism provides in excess of 45% of taxes to state and local government, lessening the impact on industrial users.

Reno is the Central Distribution point to West Coast Markets:

• Overnight delivery to Major West Coast Cities.
• Over 60 Truck Carriers, Union Pacific/Burlington Northern, 12 Airlines, Ocean Containers Via Oakland.