Another reason for a headquarters relocation could be due to company funds. Rent might have increased for your facility, or you might no longer be able to make any profit in the geographic area where you are located. As you can see, there are a plethora of reasons why a company might partake in a headquarters relocation.
Considering a corporate headquarters relocation? While the risks can be high, the rewards can be significantly higher. A location change can be key in positioning a company for long-term growth and success. In the latest installment of Insights, Kim Williams Davis shares the primary drivers for headquarters relocation projects. The published version of this article, which is featured in the ...
Oct 01, 2020 · This study documents an unexplored corporate rent-seeking phenomenon in non-representative regimes—relocating headquarters (HQ) to the political center. Focusing on China, we find that firms that relocate their HQs to Beijing (the political center) enjoy increased political favors, but those that move to Shanghai or Shenzhen (the country's two main economic centers) do not.Cited by: 1
Jun 05, 2019 · Companies may move locations for tax incentives, lower real estate costs, access to talent, or to increase their office footprint, downsize their operations, and more. Organizations like North Face, Dyson, and Honeywell are relocating their headquarters this year to position themselves to scale their operations for future growth.
Most headquarters relocations are intended to reduce overall costs through tax reductions, lower overhead, and improved efficiencies. Other important factors are talent pool, transportation systems, quality of life, proximity to clients and markets, and brand image/social values.
Feb 21, 2017 · Louisiana: The Corporate Headquarters Relocation Program provides a 25 percent rebate over five years on facilities and relocation costs. Missouri: The Missouri Works Program offers eligible corporations state tax credits (which are refundable, transferable, and saleable) or the retention of the state withholding tax on new jobs.
The Headquarters Relocation Tax Credit (HRTC) provides a tax credit to corporations that relocate their headquarters to Indiana. The credit is assessed against the corporation’s state tax liability. The Headquarters Relocation Tax Credit is established by I.C. 6-3.1-30.
Feb 10, 2021 · ATLANTA-- (BUSINESS WIRE)-- Chicken Salad Chick, the nation’s only Southern-inspired, fast-casual chicken salad restaurant concept, today announced the relocation of its headquarters from Auburn,...
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