Philadelphia Business Information
Philadelphia has historically played a very important role in the financial condition of the United States and still to this date is one of the most important financial centers in the country. The attractiveness of the large young talent pool that make their way out of the numerous prestigious institutes is one of the reasons that hundreds of companies choose Philadelphia as their company's headquarters. The added advantage of a great transportation system and low rentals makes it even more attractive to non-residents who do hesitate to make it their permanent home.
The City of Philadelphia is also welcoming to new businesses in the city and offers new businesses with an one stop shop for all the business needs that a newly established business will need. The availability of a Business Privilege Tax Account by the government of Philadelphia provides various incentives to new businesses which are looking to set up or are planning to expand their business. The government also provides an online website that helps businesses decide and even apply for business licenses online. This business friendly atmosphere of Philadelphia has made it a magnet for numerous multinational Fortune 500 companies.