At York IE, we consider nice corporations can come from wherever. You don’t need to be in Silicon Valley or New York Metropolis or some large metropolis or expertise 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, we have now the whole lot founders have to succeed: beginning with a tax surroundings that places more cash 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 Trade Affiliation of NH (BIA), and conversations  had 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 below are a number of explanation why NH is a founder-friendly state:
No earnings tax on wages: Founders and workers hold 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 regulation ensures extra of your wealth stays with you and your corporation.Â
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.Â
Work-life steadiness: With easy accessibility to the outside and a tight-knit neighborhood, NH affords a high 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 appeal to 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 one of the best 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 spread of out of doors actions, NH is a pretty place to reside and work, making it simpler to recruit and retain expertise.
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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 unimaginable, 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 Dwell Free or Die state.
