Los Angeles is known for its strong business community and is unlike any other city in the United States. Many businesses want to work near downtown Los Angeles, but don’t want to incur the costs associated with having headquarters in a big city. We collected a list of the best cities to run your business near the Los Angeles area!
Burbank is a hub for local studios and has become a growing area for small and mid-sized businesses. The City of Burbank offers special incentives for businesses who move out of Los Angeles and into Burbank. The most worthwhile incentive is that businesses pay no city income tax, in addition to being exempt from the gross sales receipt tax. Other incentives include rebates, recruitment & hiring assistance, and a streamlined permitting process.
The city of Calabasas puts great emphasis on the health of the businesses located within this beautiful city. Calabasas does not levy city business taxes and there is no gross receipts tax. To further support businesses in the area, there is no parking tax or business registration fees.
Part of the tri-cities, Pasadena is known for its resort-like feel and charm you can’t find anywhere else. This city continues to be a destination for tenants in a variety of industries. Between the central location, great transit options, and economic development, Pasadena can’t be beat.
Located in Ventura County, 35 miles northwest of Los Angeles, Thousand Oaks is known for a thriving economy for businesses. The median household income and owner-occupied housing percentage are one of the highest and best in the area.
Nestled near the beach just south of Los Angeles, Torrance is a great city for businesses to jumpstart their company without the LA taxes. Small businesses especially can thrive in this city because of economic strength and affordability. Torrance was rated third for average business revenue and second for percentage of firms with well-paid employees by Fundera.
Location is incredibly important to consider, with your commute, costs, and potential for visiting clients to think about. Barrister Executive Suites has been offering businesses of all sizes options that provide real value in one of the most expensive places to live and work in the U.S.
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