(KOIN) – Oregon saw a record number of new businesses register in 2021, bringing the state’s total number of businesses above 500,000 for the first time ever, according to the Oregon Secretary of State’s Office of Small Business Assistance.
How many small businesses are there in Oregon?
Oregon is home to 387,819 small businesses, 99.4% of all businesses in the state.
How many businesses are in Portland Oregon?
There are nearly 43,000 small businesses or firms with less than 50 employees, in the Portland Metro area 1. These same firms employ 255,294 people with a payroll of approximately $2.1 billion. Small businesses are the backbone of job creation.
How many businesses are in each state?
2,045,079
Businesses by Country
| State | Number of Businesses | State |
|---|---|---|
| California | 2,045,079 | New Jersey |
| Colorado | 375,152 | New Mexico |
| Connecticut | 226,801 | New York |
| Delaware | 60,444 | North Carolina |
Is Oregon a good state for small business?
In 2019 Oregon ranked seventh in the U.S. for business friendliness, according to the Tax Foundation, and the Beaver State has maintained a top 10 spot since 2014.
What is considered a small business in Oregon?
(10)(a) “Small business” means a corporation, partnership, sole proprietorship or other legal entity formed for the purpose of making a profit, which is independently owned and operated from all other businesses and which has 50 or fewer employees.
Who is the biggest employer in Oregon?
Intel is now the state’s largest for-profit private employer, with more than 17,000 employees, while Providence Health & Services, a nonprofit, is the largest private employer.
What is the largest company in Oregon?
Nike Inc.
The Top 10 Largest Companies in Oregon
| Rank | Company | Number of Employees |
|---|---|---|
| 1 | Nike Inc. | 73,300 |
| 2 | KinderCare Learning Centers | 36,000 |
| 3 | Fred Meyer | 30,000 |
| 4 | Precision Castparts Corp. | 30,100 |
Who is the largest employer in Portland?
Intel
Major Employers Ranked by Employment
| Number | Name | Regional Employees |
|---|---|---|
| 1 | Intel | 22,000 |
| 2 | Providence Health & Services | 21,000 |
| 3 | Oregon Health & Science University | 18,048 |
| 4 | Nike | 13,964 |
Which state has the most businesses?
The results
The state with the most companies formed in the last year (Q4 2019 to Q3 2020) was Florida, with nearly half a million new businesses formed (472,332). California followed in second place with 365,207 businesses formed, and Texas came in a close third, with 365,107.
Which state has the most small businesses?
States With the Most Number of Small Businesses in the US
- California: 4.2 million.
- Texas: 3.0 million.
- Florida: 2.8 million.
- New York: 2.3 million.
- Illinois: 1.2 million.
What state has the most registered businesses?
In 2021, New York had a total of 53 Fortune 500 companies headquartered in the state. California, Texas, Illinois, and Ohio rounded out the top five of states with the most Fortune 500 companies.
What state has the highest business success rate?
The best state to open a business in 2021, Montana scores high in several areas, including the number of new businesses calling Montana home. A five-year business survival rate of 53.4% puts the odds of success in your favor.
What is the cheapest state to start a business?
According to a new study from enterprise cloud software platform Approve.com, Texas is the country’s least expensive state for running a business.
What is taxed in Oregon?
Personal income tax and corporate excise tax are the most significant components of the state General Fund, and property tax is the most significant local tax in Oregon. These three taxes represent about 80% of all state and local taxes. Oregon does not have a general state sales tax.
How much does it cost to start an LLC in Oregon?
a $100
How much does it cost to form an LLC in Oregon? The Oregon Secretary of State charges a $100 fee to file the Articles of Organization. Oregon LLCs are also required to file an annual report each year with the Secretary of State. The filing fee for domestic LLCs is $100 and the fee for foreign LLCs is $275.
What taxes do LLC pay in Oregon?
For LLCs classified as partnerships, taxes are the same as for S corporations. The business owes the minimum excise tax of $150, while the business owners pay personal income tax on the income that passes through.
What taxes does a business pay in Oregon?
Business Taxes
The tax rate is 6.6% on Oregon taxable income of $1 million or less and 7.6% on Oregon taxable income above $1 million. There is a minimum excise tax of $150.
What is the number one industry in Oregon?
Tourism. Tourism is one of the leading industries in this state, which is centered on Oregon’s natural features, including lakes, beaches, rivers, mountains, waterfalls, and forests.
What business is Oregon known for?
These assets have helped grow headquarters of world-famous companies such as Nike and Columbia Sportswear in Oregon, as well as core operations of leading companies such as Intel, Adidas, Boeing, and Daimler. These companies could grow anywhere in the world, but they choose to invest billions in Oregon.
What are the major industries in Oregon?
Oregon’s traditional natural resource base is the platform for industry clusters in forestry and wood products, agriculture, nursery products, and food processing. Oregon’s tourism and hospitality industry is also bolstered by our great scenic endowment, outdoor recreation and culinary landscape.