Oklahoma has a nationally acclaimed business climate. Hear from Oklahoma’s business leaders and find out why Oklahoma is the state of success.
Oklahoma’s economic climate is pro-business.
#1 - LOWEST TAX BURDEN
– Anderson Economic Group, State Business Tax Burden Rankings
#1 - LOWEST UNEMPLOYMENT INSURANCE TAX
– Tax Foundation, State Business Tax Climate
#4 - LOWEST INDUSTRIAL ELECTRICITY
– Business Facilities, Annual Rankings Report
#5 - LOWEST COST OF LIVING
– CNBC, America’s Top States for Business
#9 - WORKFORCE TRAINING
– Business Facilities Magazine, Annual Rankings Report
HEAR FROM OKLAHOMA’S BUSINESS LEADERS
MICHAEL CAROLINA, EXECUTIVE DIRECTOR OF THE OKLAHOMA CENTER FOR THE ADVANCEMENT OF SCIENCE AND TECHNOLOGY, ON THE ENVIRONMENT BUSINESSES CAN EXPECT TO SEE IN THE STATE OF OKLAHOMA.
STEVE HENDRICKSON, DIRECTOR OF GOVERNMENT OPERATIONS FOR THE BOEING COMPANY, RELAYS HOW BOEING HAS SAVED MONEY BY OPERATING IN OKLAHOMA.
MICHELLE ROBINSON, PRESIDENT OF VERIZON’S SOUTHEAST REGION, DISCUSSES SOME OF THE MANY COMPELLING REASONS TO LOCATE IN OKLAHOMA.
MIKE MING, FORMER GENERAL MANAGER AT GE’S GLOBAL RESEARCH OIL & GAS TECHNOLOGY CENTER IN OKLAHOMA CITY, DISCUSSES THE CONVENIENCES OF LOCATING A BUSINESS IN OKLAHOMA.
COST COMPETITIVE EXPANSION
Oklahoma’s expertly tailored policies, programs and incentives positively affect your business’s bottom line.
Oklahoma’s industrial electrical power costs are 22% lower than the national prices at 5.52¢/kWh. That difference adds up, with Oklahoma’s industrial businesses saving $25,100 per 1,000,000 kWh.
We know energy, and you reap the rewards. Unlike Texas, Oklahoma is part of the Southwest Power Pool where our blend of natural gas, coal, wind, solar, geothermal, and hydropower sources provide cleaner, more reliable power, all at significant savings.
It gets better. Even lower rates can be negotiated based on your business’s specific power requirements. Talk to our team to find out how. Call (877) 588-3229.
AT THE CENTER
Located at the crossroads of North America – and with one of the largest inland, ice-free ports – means low business costs whether your supply chain is across the street or stretches around the globe. Oklahoma’s multi-modal transportation infrastructure speeds your goods to market, all at lower costs. Learn more about how our transportation infrastructure can work for your business.
LOW, FAIR TAXES
Oklahoma’s tax climate provides a boost during the crucial operations start-up phase and continues with stability and affordability as your business grows.
- 5% cash back incentive
- Five-year ad valorem tax exemption
- 6% corporate tax rate
- Five-year investment/new jobs tax credit package
- Sales tax exemptions, and more…
Some states tilt the playing field with their tax policies which benefit some industries over others. Not in Oklahoma. According to the Tax Foundation, our business tax climate is more economically balanced, and benefits all businesses that call our state home.
Oklahoma is a constitutional Right to Work state with low unemployment insurance taxes and programs significantly reducing hiring and training start-up costs. From finding talent to custom training, the Choctaw Nation Team goes to work for you.
LIVING IN OKLAHOMA
Oklahoma is a young state, and we’ve earned a reputation as an innovative, entrepreneurial place. We’ve seen significant growth and change since the ’90s: adding attractions and outdoor activities, reinvigorating cities and neighborhoods, even bringing in our first major professional sports team, the Oklahoma City Thunder.
LOUISA MCCUNE, EXECUTIVE DIRECTOR AT KIRKPATRICK FOUNDATION
ARTS & ENTERTAINMENT
Our two largest metros are growing – economically, culturally and socially – and they’re surrounded by unique small towns with big personalities. Oklahomans in general are welcoming people – friendly, laid-back and good-natured – and we’re famous for our hospitality.
Our thriving arts districts are accompanied by architectural marvels, world-class theaters, a nationally renowned zoo, music venues big and small, more than 300 museums, and nearly 30 craft breweries.
Oklahoma hosts a surprising assortment of outdoor adventures. Whether you’re looking for the perfect swimming hole, mountain hiking trails, trout fishing, ATV riding or the ideal spot for something more extreme, our state has the outdoor adventure for you.
MIKE WOOTEN, DATA CENTER MANAGER AT GOOGLE
Throughout southeast Oklahoma there’s plenty of places for you to get outside and escape the bustle of city life.
Family is a big part of the Oklahoma life. Safe communities, great schools and a low cost of living make our state a smart place to raise a family. Combine those amenities with family-friendly activities, beautiful parks and thriving entertainment districts, and you’ve got a truly great place to raise children.
JUSTIN YOUNG, GLOBAL SALES & MARKETING MANAGER
FOR THE BOEING COMPANY
Oklahoma has one of the lowest costs of living in the U.S., so you can live close to where you work, for less.