Hendricks County, Indiana has a long-established reputation as a business-friendly community, and a key element of that part is a tradition of fiscally conservative state and local government. The State of Indiana earned the nation’s highest bond rating, racking up budget surpluses every year for the past decade, and most Hendricks County local governments have A to AAA bond ratings. That translates into low tax rates for businesses. In fact, Indiana’s corporate income tax is decreasing each year from the current 6.5% to 4.9% by 2021, and the state doesn’t have a gross receipts or inventory tax. Workers compensation rates are low, too.
New and relocating businesses can take advantage of state and local incentives, such as loans, lease assistance programs, corporate tax credits, and Tax Increment Financing (TIF) districts that expand new development.
Another advantage of doing business in Hendricks County is the fact that Indiana has a well-earned reputation as a low-regulation state. In fact, Forbes Magazine recently said that Indiana has the second-least-stringent regulatory environment among all 50 states. So not only does Hendricks County make coming here affordable -- we help you keep the cost of doing business lower over the long term!