The City of Plano’s pro-business leadership and investment in the future has earned a national reputation as one of the best places in the country for employers to do business and for families to live and work. The Plano business culture varies by company and industry. From start-ups to international corporate powerhouses, Plano offers a balanced lifestyle that makes any business feel right at home.

The City of Plano offers favorable real and personal property tax abatements and new Chapter 380 Program cash incentives that are designed to attract new businesses and promote ongoing development for businesses of all types and sizes.

Today, the City of Plano has a total of 106 reinvestment zones, which have produced over $2 billion in real and business personal property improvements and created more than 43,000 new jobs. The employees of Plano companies benefit because the low tax rate allows them to afford high-quality housing in a desirable area, where resale values have consistently remained high.

Plano is a superior community with an exceptional educational system, safe family-oriented neighborhoods, abundant recreational facilities, and world-class business parks. With one of the lowest property tax rates in the state of Texas, companies locating in Plano boost their bottom line while offering a high quality of life for employees.

In addition to Plano’s stable and equitable tax rate, the State of Texas has no personal or corporate income tax and no state property or unitary tax, which saves businesses and their employees hundreds of thousands to millions of dollars annually. Texas ranks as one of the lowest in levying business taxes among the 15 most populous states. For more information on why Plano means business, visit www.planotexas.org.