As a business leader, or employer of any type in North Carolina, you’re facing new challenges from the COVID-19 pandemic. EDPNC is here to help you navigate these unique economic challenges in the days ahead.
North Carolina is home to 12 Fortune 500 and 27 Fortune 1000 headquarters, including Honeywell and Advanced Auto Parts. North Carolina’s consistently top-ranked business climate, low cost of living, access to four international airports and highly educated workforce all create an incomparable environment for corporate success.
At 2.5 percent, North Carolina has the lowest corporate income tax rate in the United States. In fact, North Carolina offers a low tax burden across the board. Ernst & Young and the Council on State Taxation rank North Carolina No. 1 for lowest state and local tax burden in the U.S.
North Carolina is home to four nationally recognized, top-75 business schools according to U.S. News, including Duke University’s Fuqua School of Business (No. 13), University of North Carolina at Chapel Hill’s Kenan-Flagler Business School (No. 18), Wake Forest University (No. 45) and North Carolina State University (No. 70).
No matter how far around the world your operations span, you’re only a flight away. North Carolina’s four international airports – including Charlotte-Douglas International (CLT), the sixth-busiest hub in the U.S. – account for 1,000+ daily domestic and international flights, including direct flights to Europe and Latin America and easy one-stop connections to Asia.
By developing big ideas and innovative products, AvidXchange has grown a 5-person startup to a 1,200+ person powerhouse in the fintech space. And they’re just getting started.
