Originally from:
Legal Aspects of Doing Business in North America - 2nd Edition
Legal Aspects of Doing Business in North America - 2nd Edition
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Indiana
Christopher P Felts
Barnes & Thornburg LLP
Indianapolis, Indiana, United States
Incentives and Special Programs to Assist Foreign Businesses
Indiana offers many advantages for foreign businesses seeking to operate in the United
States as a result of its location, infrastructure, business climate, labor pool, and attitude
toward foreign businesses. Bordered by Michigan, Ohio, Kentucky, and Illinois, Indiana
occupies the center of the Midwest, the heart of United States manufacturing. Indiana has
a balanced economy, with manufacturing, agriculture, and services industries providing
both stability and diversity.
Market Considerations
Transportation
Businesses located in Indiana have access to excellent highways, railroads, airports, and
water ports. Indiana serves as a hub to seven major interstate highways, and the state consistently
ranks well above the national average in the condition of its highways, according
to studies by the Federal Highway Administration. Because of Indiana’s central location,
goods transported by truck can reach 60 per cent of all United States markets in less than
one day. Indiana’s superior highway system translates into shorter travel time for its residents;
the average commute from home to work in Indiana is 19 minutes. The state has
eight commercially served airports, including two international airports, and customized
air cargo handling services are available throughout the state. Indiana is served by all
major Class I eastern railroads and has access to many others from the south and west. Its
3,200 miles of Class I railway carry more than 5 million tons of freight each year. Indiana’s
waterways and port facilities are also excellent. Indiana’s International Port at
Portage, located on Lake Michigan at the state’s northern border, is a deep-water port built
specifically for St Lawrence Seaway and Great Lakes traffic; it also provides a direct
water route to the Gulf of Mexico through the InlandWaterway System. In addition, Indiana
has two full-service ports on the Ohio River on the state’s southern border. Due to its
location in the heart of the United States marketplace and its wealth of transportation
infrastructure, Indiana is appropriately called the ‘Crossroads of America’.
Indiana
Incentives and Special Programs to Assist Foreign Businesses
Market Considerations
Assistance for Foreign Businesses
Indiana State Government
Requirements for Foreign Enterprises to Qualify to Do Business
Restrictions on Foreign Corporations
Restrictions on Alien Ownership of Real Property or Other Forms of Capital Investment
Labor Laws Applicable to Foreign Corporations
State and Local Taxes
Environmental Protection
Products Liability
Christopher P Felts Barnes & Thornburg LLP Indianapolis, Indiana, United States
