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Favorable Business Environment

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Favorable Business Environment

BIZ FRIENDLY
#1
To start a Business

TAX CLIMATE
#9
No Income Tax in Washington

Energy
#5
In Production of Wind Power

In 2009, U.S. News & World Report named Washington the No. 1 state to start a business. Washington partners with business and provides the services necessary to support and grow our industries, including tax and industry incentives, relocation services and small business help.

Quick Facts

The total number of registered businesses in Washington has more than doubled in the last 15 years.

Washington's energy costs are lower than the national average. We have the highest hydroelectrical power industry in the nation, and we are the 5th largest producer of wind power according to the American Wind Energy Association (AWEA).

Washington's lack of income tax helped earn the state the rank of 11th in the 2011 State Business Tax Climate Index by the Tax Foundation in Washington D.C.

Washington companies can take advantage of industry-specific incentives, such as:

Since 1982, the Washington State Community Economic Revitalization Board (CERB) has committed more than $144 million to counties across the state, an investment generating nearly 36,000 jobs.

The newly named Washington State Department of Commerce has a renewed focus on partnering with businesses.

Related Resources

Washington State Community Economic Revitalization Board

Washington State Department of Revenue

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