Austin Business Information

Austin is known as a technologically forward city, some people going so far as to comparing it with the famous Silicon Valley of California. The city is filled with thousands of young graduates who pass out from computer science and engineering programs at the local universities, giving businesses ample talent to hire and grow exponentially.

The absence of income tax on earned income in Austin is an added advantage that brings people from all over United States to work in Austin. The cost of accommodation in Austin is higher that the national average because of the high residential tax rates; however the costs are lower than that of the Silicon Valley.

The city is home to the headquarters of large corporations such as Dell, IBM, Freescale Semiconductors, etc. The city also has operation of companies such as Nvidia, AMD, Apple Inc, Hostgator, Oracle Corporation and many other Fortune 500 companies.

The city of Austin has repeatedly been ranked at the top of the best cities to run a business in. The government plays a vital role in the economic vitality of the overall business community and helps in the growth and development of established businesses.

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