New Hampshire: The Granite State

New Hampshire is located in the New England region in the north of the United States. The state borders Vermont to the west, Maine to the east, Massachusetts to the south, and Québec, Canada, to the north. With an area of ​​less than 25,000 km² and 1.3 million inhabitants, “The Granite State” is one of the smaller ones in the country. The most populous city is Manchester with over 100,000 residents. According to ehuacom, the capital is Concord.

The excellent living conditions act as a magnet for a great workforce and the low taxes give companies a global competitive advantage. The US Tax Foundation ranks the corporate tax climate 7th in New Hampshire and 1st in New England nationally. Developing the New Hampshire location means you will join a roster of forward-thinking companies that are setting new standards in a variety of industries.

With a deep-water port, Manchester-Boston Airport, a rail network and three interstate highways, New Hampshire is strategically located in the heart of New England. The immediate proximity to the markets in Boston, New York and Montreal is particularly impressive.

New Hampshire Location Map

FDIS – A MOTOR FOR THE ECONOMY

New Hampshire is the most business-friendly state in the entire United States and is only 45 minutes from Boston. If you are looking to invest in the region, New Hampshire is the place to be. 186 foreign companies from 24 countries and 46 sectors have already taken the step. Foreign investments are a recognized part of the dynamically growing economy and currently create around 50,000 jobs.

The number of foreign companies has increased in recent years and continues to do so. Above all, there is strong growth in the supply industry, IT and healthcare. New Hampshire has already identified foreign direct investment as a long-term growth area for the local economy.

Foreign investment, in New Hampshire, is primarily split between acquisitions, contracted expansions and investments in existing operations. Acquisitions by foreign companies account for about a third of all corporate takeovers in the Granite State. Of course, foreign companies have also invested in their existing operations in New Hampshire over the past two decades.

Close collaboration between business, government and academia creates a promising climate in New Hampshire from which only winners emerge. The first three places for foreign investments are occupied by companies from Great Britain, Canada and Germany.

THE FOCUS IS ON TRAINING

New Hampshire does not want to lose any of its attractiveness for companies from all over the world in the future either. Very well trained workers are one of the basic requirements for companies to settle down. The Granite State boasts one of the highest percentages of college degrees in the world. In terms of the number of people employed in science and technology, the state has been one of the top places for years.

Strong partnerships already exist between community colleges, state universities and industry. Tailored training programs are responsible for strategically developing talent. Highly qualified and enthusiastic employees are the result of this process.

New Hampshire actively supports companies in providing qualified employees with its educational resources and training programs. In this way, both the competitiveness of the location and that of the local companies are kept high.

NEW HAMPSHIRE INCOME TAX

New Hampshire charges a 5% income tax. In addition, federal income taxes are payable.

CORPORATE INCOME TAX IN NEW HAMPSHIRE

New Hampshire charges a 7.7% corporate income tax. In addition, federal corporation tax is payable.

NEW HAMPSHIRE SALES TAX

There is no sales tax or Value Added Tax (VAT) in the USA based on the European model. Instead, in the United States, states, counties, and municipalities levy a local sales tax on the sale of products (but not services).

Sales tax rate in New Hampshire

There is no sales tax in New Hampshire.