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5 Reasons to Relocate to Las Vegas

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Top 5 Reasons to Relocate Your Business to Las Vegas

Las Vegas. It’s home to some of the greatest entertainment in the world, 24/7 gambling, and the greatest expansion team in the history of American sports.

Las Vegas is a great place to visit and forget about the problems of the world (and maybe win some money). So, why should you consider relocating your business to Las Vegas? The simple answer is that Las Vegas has a booming business industry, and it is a great place to live. But, if that doesn’t convince you, we’ve broken down the reasons why this incredible city is the perfect place for you to build (or grow) your empire.

  1. Great Tax Incentives

Nevada does not collect individual or corporate income taxes. Not only these, but there are also

  • ‍No franchise taxes
  • ‍No unitary taxes
  • ‍No inventory taxes
  • ‍No inheritance taxes
  • ‍No estate taxes
  • And sales taxes are only 8.1%    

This makes Nevada one of the best business climates in the nation. Abatements and tax incentives are also among some of the best in country. Not to mention, aviation and data center-focused businesses have a partial tax abatement on sales and personal property tax for up to 20 years.

These tax incentives (and many more, including personal property and real property tax abatements) are granted to businesses that meet two of the following three criteria:

  • Job creation
  • Capital investment
  • Average wages

Chances are, your business qualifies for these incentives.

Learn more about Nevada corporate tax benefits.

  1. Accessibility to Key Players

Las Vegas is a mecca for global conventions. Leading executives are in town every year to meet at the numerous conventions and conferences hosted here. Access to key players is easy when they are in your backyard. Growing a business that specializes in consumer electronics is easier than ever when the largest consumer electronics show is in Las Vegas each year. Or maybe you’re in the construction business— we have the largest convention for that too. No matter what it is you do, Las Vegas is the perfect place to expand your network to reach leaders in your industry from all over the world.

Las Vegas Convention Center
The Las Vegas Convention Center will host more than 50 conventions in 2018.

  1. Opportunity for Growth

With a population just shy of three million people, your business has the opportunity to be part of a small, close-knit community that still feels global. Here, members of the Las Vegas community work in tandem to build strong relationships both inside and outside the work force. This is a place where everybody knows everybody, and someone always has your back.

Ranked number two for most entrepreneurial state by Business Insider, our city has the pioneering spirit your business needs. Las Vegas is a wild west town built on providing excellent customer service and is on the cutting edge of innovation. Las Vegas is always reinventing itself. The support structure to help startups is fantastic with organizations like Innevation and Downtown Project—their mission is to provide you with the tools and resources you need for your business to succeed.

  1. Entertainment Capital

You won’t be bored, we promise. There is always something going on. Whether it’s the Grammy’s, the plethora of shows and concerts playing every night on the Strip, or dinners from restaurants featuring food from all over the world, you won’t be short of options. Las Vegas even has tons of amazing activities for families, such as spending the day at one of our two water parks, riding roller coasters in the Adventuredome at Circus Circus, and visiting the dozens of museums both on and off the Strip.

Las Vegas Ski and Snowboard Resort
Visit the Las Vegas Ski and Snowboard Resort when you need to cool off.

More of an outdoor person? Business retreats like snowboarding at Lake Tahoe or rock climbing at Red Rock will score high for all your employees. Or, you can go skydiving and zip-lining and dune buggy riding!

Las Vegas is also ranked one of the top ten states for pet owners. There are dog parks all over the city and dog-friendly restaurants in every part of the valley. Many Las Vegas companies are even going dog-friendly in the workplace. No matter what you decide to do during your free time, Las Vegas does not disappoint.

  1. Great Weather

Believe it or not, Las Vegas has amazing weather. Our mild winters ensure it almost never snows—many people who live here don’t even own heavy coats. While the summers do get hot, every building in Las Vegas is well-ventilated and air-conditioned to make your life cool and easy.

The sun shines 292 days of the year, and we enjoy life free of worry about natural disasters like forest fires and tornadoes. Thanks to this, we get to spend more time doing the things we love and less time worrying about the things that could go wrong.

 

Las Vegas Loves Businesses!

All in all, relocating your business to Las Vegas is not only one of the smartest business decisions you could make, it is also one of the most enjoyable. Make more money for your company by spending less. Make more memories by living your best life in our beautiful Silver State. We promise you won’t regret it!

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