Las Vegas Business Climate
Clark County is the heartbeat of Southern Nevada, encompassing almost 8,000 square miles, five cities, the Las Vegas Strip, and is home to more than 2 million residents. We are a pro-business government in a tax friendly state that values excellence in service to businesses and residents. Our permitting, inspection and licensing processes are efficient and cost effective.
Clark County is home to four gaming headquarters, making Nevada one of Fortune Magazine's “States That Dominate” meaning states that have more than 50 percent of all company headquarters in a specific industry. Nevada is one of only four states to hold such a designation.
1. Las Vegas Sands 2. Caesars Entertainment
3. MGM Resorts International 4. Wynn Resorts
Our Value Proposition
Our Tax Structure:
NO Corporate Income Tax NO Unitary, Franchise, Inventory Tax
NO Personal Income Tax NO Inheritance, Estate and/or Gift Tax
NO Chain Store Tax NO Nexus Tax
In 2013, Nevada is ranked 2nd in the nation for being solar friendly according to the Environment America Research and Policy Center.
In 2011, the Harris Poll stated, Nevada Remains A Top Choice for Where Americans Would Most Like to Live.
Why Clark County over any other location? Diversity and Rise of the Creative Class – Richard Florida lists Las Vegas as a community whose diversity is on the rise.
Here’s what companies say:
Our business has grown steadily in Clark County in spite of this prolonged recession. In 2010, our decision to locate here was because we would be seen as a big fish in a little pond as opposed to California where we would be a little fish in the ocean. It's all about location. Dan Foliot, Founder: Foliot Furniture
Southern Nevada is an important emerging market in which to do business, especially in the technology sector. The region has an extremely low instance of natural disasters, great accessibility to high-speed Internet connections, and the dry and mild climate makes cooling efficient and inexpensive. Clark County is an up-and-coming technology center, and a natural fit for any company to seriously consider. Jeff Grace, President & CEO: NetEffect
The UNLV National Supercomputing Center enhances Southern Nevada's U.S. business competitiveness as a primary gateway for medical, energy and scientific data flow from coast-to-coast and markets abroad. Southern Nevada is the ideal setting for this facility, considered a "safe-zone" from natural disasters and having a highly sophisticated power grid in a rapidly growing market. Joseph Lombardo, Executive Director: National Supercomputing Center
Cord Blood America, Inc. relocated from Southern California to Las Vegas, Nevada in 2009 for two key reasons, transportation and tax advantage. Our business depends on airports for movement of our products and convenient access to McCarran from our facility provided us with the assurance that we needed to maintain continuity to our service offering. As important was the tax structure and regulatory environment which were more advantageous that what we experienced in California, and factored heavily into our decision to be here. Joseph Vicente, President: Cord Blood America, Inc.
Computer literate, expanding and cost-effective workforce - Nevada Department of Employment, Training & Rehabilitation (DETR)
McCarran International Airport – 8th busiest in the U.S.
Center of Excellence in Medicine:
Reliable and expanding energy base - NVEnergy
Exceptional telecommunications and technology infrastructure - Switch technology
Large Growing Education System:
If you have questions about how to obtain a business license, renew your license or change the location of your business, you need the Business License Department.
Henderson Business Climate
Henderson, the fastest growing large city in the U.S. from 1990 to 1998, is widely recognized as a great place for business. In the past two decades, city leaders, working in close partnership with the community, have been aggressively diversifying the city's economy by attracting new, modern industries and businesses. Some of the nation's best known and most respected corporations have established major operations in Henderson. These include, but are not limited to, Ocean Spray Cranberries, Inc., Good Humor-Breyers, Amica, Toyota Financial and Levi Strauss & Company.
As the Las Vegas region continues to attract additional new residents each month and many new businesses each year, these residents and businesses generate a demand for products and services making Henderson an ideal place for business opportunities. Some of Henderson's additional advantages include, but are not limited to:
A wide variety of centrally located and master-planned industrial parks are available to suit the needs of light manufacturers, distribution operations, and research/development firms. Henderson also has an active real estate market for retail establishments and office uses such as corporate headquarters locations, back office operations, call centers, or executive suites.
Major highways serving Henderson include I-15, US 93/95, Highway 146, and the Southern Nevada Beltway (I-215). I-15 also provides immediate east-west access from California to the East Coast via I-80, I-70, and I-40, as well as north-south access from Mexico to Canada via I-15. Air destinations to and from Southern Nevada are easily served from McCarran International Airport.
Attractive demographic characteristics in Henderson include a fast-growing population base and impressive average household incomes. Henderson was recognized as the fastest-growing large city in the United States by the U.S. Census Bureau from 1990 to 1998.
The combination of right-to-work legislation and population growth provides employers an expansive base for recruitment of entry-level and skilled labor pools at attractive wage rates. A variety of educational, occupational and business assistance programs are also offered to employees and employers through the University and Community College system in Southern Nevada. Area campuses include the University of Nevada, Las Vegas (UNLV) located just minutes from Henderson, the College of Southern Nevada Henderson campus, and Nevada State College.
Postsecondary education and training programs are also widely available from private colleges in Henderson through 12 area campuses offering more than 75 programs and majors, from certificates, associate's degrees, bachelor's degrees, master's degrees to Ph.D.s.
Nevada's Millennium Scholarship, created in 1999 by Governor Kenny Guinn's Millennium Scholarship Initiative, provides college tuition to all state high school seniors meeting certain basic requirements.
Nevada's tax climate is very attractive, as Nevada does not charge corporate, franchise or personal income tax. Nevada is often considered to have one of the least burdensome tax structures in the country.
Existing infrastructure, competitive rates, and reliability are important considerations for new commercial and industrial operations. Henderson is a relatively young community and hosts some of the most technologically advanced water and sewer treatment facilities. A highly competitive market for communications technology and the underlying infrastructure is making Henderson businesses some of the best connected in the country. Commercial and industrial electrical rates in Henderson are among the best when compared against other major utilities in the desert southwest and California cities.