The Best Cities For Startups In U.S.

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Gahanna

gahanna, ohio, income tax, rebate, government, operate businessGahanna, Ohio offers a rebate of upto 50 percent on the city income tax, which is levied at a rate of 1.5 percent for upto five years. The rebate is offered to businesses with a annual payroll of over $ one million and can be negotiated depending on the number of jobs created for the city. The city also exempts the first $ one million from a company’s gross receipts. The city has been ranked as 7th best place to operate a business in U.S. and the 4th most business-friendly.  It houses five of the fortune 500 companies. The sales made outside Ohio are exempted from state tax. The city has many venture capital firms: Reservoir Venture Partners, Purepay Capital, Stonehenge Capital, Ohio Partners , and many more; making it one of the best cities to startup.