North Carolina is the best state in the United States for business, according to a new CNBC ranking. RALEIGH — North Carolina is the top state in the U.S. UU. For the business climate, according to a new ranking report from Site Selection magazine.
Where North Carolina outperformed all other states in the U.S. , the United States was in the new fiscal index of firms and among the rank of the publication “Prosperity Cup”. Site Selection noted that the North Carolina Department of Commerce's recently released Strategic Economic Development Plan, “First in Talent,” would not have taken into account this year's rankings, but that the plan could reinforce North Carolina's ranking at or near the top in the coming years. North Carolina Secretary of Commerce Sanders and Department Defend New Economic Development Plan and More Projects May Come Thousands of Jobs, New Projects Fill Wake County's Potential Economic Portfolio The latest headlines are delivered to you twice a day.
Across the country, states face a competitive labor market and the situation is no different in North Carolina. The state's low business tax rates are offset to some extent by a sales tax of 6.98%, which ranks 26th in the nation, but is still lower than neighbors in northeastern North Carolina. The highest corporate income tax rate is 2.5%, which is significantly lower than in many other states, especially in North Carolina's neighbors on the East Coast. North Carolina requires a “do business as” (DBA) name only if you plan to operate your business under a different brand than what appears in your company registration records.
Flashpoint is a weekly in-depth look at politics in Charlotte, North Carolina, South Carolina and beyond with host Ben Thompson. While multiple bills targeting transgender youth and their parents have died in the legislature or stalled in court, the deeply controversial election law that went into effect this year has made Texas one of the most difficult states to vote for, according to researchers in northern Illinois. University. Centrally located on the East Coast and excellent transportation infrastructure, North Carolina offers an optimal point of access to markets and customers, while keeping freight and delivery costs low.
In fact, North Carolina's strong finances are the cornerstone of the country's main economy, as measured by the CNBC study. This year marks North Carolina's first time at the top of the list, with CNBC praising state legislators for being able to set aside political differences to boost the economy. For more information on North Carolina business licenses, permits, and certifications, see the state website. A full list of company registration fees can be found on the North Carolina Secretary of State website.
North Carolina doesn't require a single type of general business license, but many businesses must apply for a certain type of license to operate within the state. If you're a small business owner in North Carolina looking for resources to help you move forward, here are some organizations you might want to learn more about. According to Sperling's Best Places research on the cost of living, North Carolina is more affordable than the average state in all major categories except healthcare.