5 Most Business Friendly States in the US

In this article, we will take a look at the 5 most business friendly states in the US. If you want to read our detailed analysis, you can go directly to 20 Most Business Friendly States in the US.

5. Nevada

Number of Business Applications (2023): 65,609

GDP per capita (2023): $104,816.19

Corporate Income Tax Rate (2024): N/A

Insider Monkey Score: 7.5

Nevada ranks fifth on our list of the most business friendly states in the US, with an Insider Monkey score of 7.5. Only business entities grossing over $4 million in revenue per annum are required to file a Commerce Tax Return in Nevada. The tax rate is decided based on the gross receipts of a business. There is no state-level corporate income tax in Nevada.