5 Most Business Friendly States in the US

3. Georgia

Number of Business Applications (2023): 277,588

GDP per capita (2023): $94,046.02

Corporate Income Tax Rate (2024): 5.75%

Insider Monkey Score: 5.75

Georgia is one of the best states in the US to start a business in, with an Insider Monkey score of 5.75. Georgia has a corporate income tax rate of 5.75% for all levels of income. Georgia has a GDP per capita of $94,000 and logged more than 275,000 new business applications in 2023.