CNBC 2025 · #2 of 50

Texas

Very favourable
Overall score
99 /100

Rank: #2 of 50

Category breakdown

All 10 CNBC categories — score out of category max, rank among 50 states.

Economy #2 348/445
Infrastructure #26 213/405
Workforce #1 272/335
Cost of Doing Business #5 210/295
Business Friendliness #17 160/270
Quality of Life #49 72/265
Technology & Innovation #2 192/255
Education #24 56/110
Access to Capital #2 56/60
Cost of Living #39 22/60

CNBC methodology — 10 categories, 2,500 points max

Founder Snapshot

Lite operational context for Texas — what to know before operating here. Sourced public facts, separate from CNBC scores.

Tax posture

Texas has no state personal income tax. Most entities owe franchise tax if total revenue exceeds the no-tax-due threshold ($2.47M for 2025 reports); margins tax applies above that.

Source: Texas Comptroller — Franchise Tax

Business registration

Register corporations, LLCs, and partnerships with the Texas Secretary of State.

Source: Texas Secretary of State

Compliance calendar

Franchise tax reports are due May 15 annually (with extension options); public information reports may accompany zero-tax filings.

Source: Texas Comptroller — Franchise Tax Forms

Multi-state heads-up

If you operate outside Texas or hire remotely — informational, not legal advice.

Remote sales & economic nexus

Remote sellers must collect Texas sales tax once economic nexus thresholds are exceeded.

Source: Texas Comptroller — Remote Sellers

Remote employees & payroll

Employers with Texas workers register for unemployment tax; no state income tax withholding.

Source: Texas Workforce Commission — UI Tax

Also applies across state lines

Regulatory Pulse

Recent regulatory changes in Texas — sourced public updates for founders operating here.