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Whywyoming offers Wyoming info on site selection, business relocation, commercial real estate, population demographics, and quality of life.
Wyoming means business and is one of the most business friendly states offering excellent business friendly benefits. Thinking about relocating? Starting a business? Expanding a business? The Wyoming Business Council looks forward to working with you.
Wyoming’s business-friendly benefits include: no corporate or personal state income tax, low energy costs, educated workforce, outstanding quality of life, low operating costs, safe communities and much more! Wyoming means freedom…freedom from high crime and big city pressure, freedom from traffic jams, freedom from noise and air pollution, freedom to grow and thrive. Wyoming offers freedom in business costs and freedom in costs of living.
Wyoming offers many incentives for businesses including excellent taxes and resources for small businesses and entrepreneurs. View some of the recent articles on Wyoming's excellent business climate:
- Which states love small business? Wyoming ranks #3. Source: Fortune Small Business. View the story.
- Wyoming ranks #1 for business-friendly taxation. Source: Tax Foundation's 2008 State Business Tax Climate Index. View the story.
- Wyoming ranks sixth in nation for pro-business policies. Source: Pollina Corporate Real Estate, Inc. View the story.
- Wyoming ranks #1 for business-friendly taxation. Source: Tax Foundation's 2007 State Business Tax Climate Index. View the story.
- Wyoming seen as top state for pro-business taxes. Source: Reuters. View the story.
- Wyoming small business ranks number one in U.S. News & World Report. View the story.
- Pollina study ranks Wyoming fifth in the nation for pro-business policies. View the story.
- Wyoming ranks #1 for business-friendly taxation. Source: Tax Foundation’s 2006 State Business Tax Climate Index. View the story.
- Wyoming is the 3rd best state for small business and entrepreneurship in the country. Source: Small Business & Entrepreneurship Council, 2006, Small Business & Entrepreneurship Council, 2005.
- Wyoming is tied for 1st in terms of economic vitality. Source: American City Business Journals 2005. View the story.
- Wyoming's Business Ready Communities Grant & Loan Program wins the silver in the 13th Annual Business Facilities Economic Development Awards 2005. View the story.
The state is located in the heart of the Rocky Mountain Region, border by Utah, Nebraska, Idaho, Montana, South Dakota and Colorado. Wyoming has 98 incorporated cities and towns and 19 first-class cities. With an estimated 501,242 residents in 2003 and 97,818 square miles, Wyoming means less traffic, less stress and less congestion for residents and companies.
A key benefit of doing business in Wyoming is not having to pay corporate or personal income taxes. Besides allowing business owners to enjoy higher earnings, the lack of an individual income tax contributes to a lower cost of labor in the state. According to the Wyoming Taxpayers Association, Wyoming’s personal tax burden is the second lowest in the nation. Find out more on the Business Costs page.
The diversity of Wyoming’s workforce today not only includes educated and skilled individuals, but also people leading the way for the next generation of highly qualified workers. High education standards, a strong work ethic and effective workforce development programs reinforce the abilities of the state’s workforce.
Wyoming energy and minerals rank nationally in the top ten across major energy industries.
- First in coal production
- First in coal reserves
- First in uranium source
- First in soda ash production
- First in bentonite production
- Third in natural gas reserves
- Fifth in natural gas production
- Seventh in oil reserves
- Seventh in crude oil production
- Seventh in potential wind energy
Doing business in Wyoming means living with friendly people in an environment free from high-crime, traffic jams and noise and air pollution. To top it off, the state offers outstanding recreational and cultural activities ranging from theatre to fishing. Wyoming means business and an excellent quality of life.
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