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Finance & Insurance

Pro-Business Environment

Fair and responsive

Iowa is a pro-business state. Our leaders are committed to enacting policy to help finance and insurance companies hire, train and employ more Iowans. Our state regulators are well known for being efficient, responsive and fair. Our state premium tax rate is one of the lowest in the countryjust one percent. 

All of this directly benefits the bottom lines of finance and insurance companiesand is a primary reason the industry has boomed in Iowa.

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1%

state insurance premium tax

0

state premium taxes on sales of annuities or qualified life insurance plans

0

additional surtaxes or income taxes on insurance carriers

#6

THE NATION'S 6TH LOWEST COST OF DOING BUSINESS

Forbes, 2017
#6
South Dakota #4
Nebraska #15
New York #44
Connecticut #47

Iowa has programs to help businesses offset the cost of opening a new location

See how we stack up

The 50-State Comparison Tool

 
Iowa Economic Development Authority
200 East Grand Avenue
Des Moines, Iowa 50309
Phone: 1.515.348.6200
email: Email Us

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