Oregon is the 9th largest U.S. state in area, located in the Northwest along the Pacific Ocean. It borders on Washington to the north, Idaho to the east, Nevada in the southwest and California in the south. Due to its location, the Western settlement of Oregon began later than other parts of America. The autonomous state of Oregon was founded in 1848, and it became part of the U.S. in 1859. Its capital is Salem, but the most populated and central city, culturally and economically, is Portland.
Geographically speaking, Oregon offers a great variety of landscapes, beginning with the long stretch of Pacific coastline, through volcanic areas with glacial activity, to waterfalls and a variety of deciduous and evergreen forests. In its eastern regions the state also contains an elevated desert terrain. Climate in Oregon is influenced by the nearby Pacific Ocean, and although most months are mild, there are extreme heat waves in summer and bitterly cold temperatures, including torrential rains, in the winter seasons. The desert regions to the east are dry. Oregon currently has 4 million residents, with over half living in Portland.For Viewing Oregon, USA in Google Maps - Click Here
The economy of Oregon is incredibly diverse, including several important sectors that contribute to state income and create jobs. GDP is estimated at 169 billion USD, and per capita income is 44,500 USD. The agricultural sector is particularly significant, producing hazelnuts, wine grapes, berries, eggs and wheat, beef, poultry, mutton and also a substantial milk industry. The state also has a large lumber industry thanks to its many forests, but this has declined rapidly due to economic and environmental factors. Oregon also has the most successful salmon fishing industry in the world.
The state offers a wide range of national parks and tourist attractions, as well as a significant tourism sector that contributes greatly to its economy. The technology sector also constitutes a leading source of revenue and jobs, primarily in aforementioned mega-companies, such as Intel and Tektronix, and many others. In terms of establishing an offshore business there, Oregon offers very low corporate tax rates and does not require a sales tax on retail goods. Personal income tax is relatively high in comparison to the U.S. average.
The Oregon Private Corporations Law
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