Wyoming
Ranked No. 10, Wyoming does not charge a corporate income tax or an individual income tax, the study said.
“One notable negative mark for Wyoming is its decline in the working-age population. However, Wyoming makes up for this with one of the highest rates of new entrepreneurs in the study, with 0.45 percent of the population starting a new business. Startups in Wyoming also have a high rate of early survival, with 81.66 percent of startups remaining in business after their first year,” Seek Capital wrote.