Promote:
Invest in Vermont
A short guide for companies expanding into Vermont: the economy at a glance, the rules and steps to set up, and who can help, each with its source.
1. Vermont at a glance
PopulationEstimate
644,663
Vermont had 644,663 people as of July 1, 2025.
Source: Census Bureau, state population estimates, July 1, 2025 (opens in a new tab) · as of 2025
GDP
US$49.7 billion
Vermont's GDP was US$49,657.5 million in 2025, in current dollars.
Source: BEA, GDP by state, 2025 (annual update, September 2026) (opens in a new tab) · as of 2025
GDP per personEstimate
US$77,029
GDP per person was US$77,028.6 in 2025, in current dollars, computed from BEA's GDP and the Census Bureau's population estimate.
Source: BEA, GDP by state, 2025 (annual update, September 2026) (opens in a new tab) · as of 2025
Real GDP growth
1.9%
Real GDP grew 1.9 percent in 2025, as BEA publishes it.
Source: BEA, GDP by state, 2025 (annual update, September 2026) (opens in a new tab) · as of 2025
Currency and inflation: see the United States at a glance
2. Before you set up
The body that handles foreign investment, any one-stop route, Vermont’s limits on foreign ownership, the zones and other rules for investors, as the guide found them.
The Department of Economic Development is the state economic development organization that SelectUSA lists for Vermont.
Source: ITA SelectUSA, state economic development organizations (opens in a new tab) · as of November 2, 2026
Vermont registers business entities through the Secretary of State and tax accounts through the Department of Taxes; a single portal doing both was not confirmed.
Source: Vermont Secretary of State FY27 budget presentation, 2026 (opens in a new tab) · as of February 5, 2026
No Vermont law limiting foreign ownership was found: Titles 6 and 27 and the 2025 and 2026 act titles show no chapter or act using foreign, alien or adversary.
Source: Vermont Statutes, Title 27 property, chapter list (opens in a new tab) · as of November 2, 2026
The Foreign-Trade Zones Board's 2024 annual report lists 2 foreign-trade zones in Vermont.
Source: FTZ Board, 2024 annual report, Appendix D (opens in a new tab) · as of 2024
Show 2 more
Vermont law requires an Act 250 permit before anyone starts a subdivision or a development.
Source: Vermont Statutes, 10 V.S.A. section 6081, Act 250 permits (opens in a new tab) · as of November 2, 2026
Act 152 of 2026, effective July 1, 2026, moves the start of some Act 181 land use changes from December 31, 2026 to January 1, 2028.
Source: Vermont Act 152 of 2026, Act 250 tier jurisdiction (opens in a new tab) · as of June 16, 2026
Investment rules across the United States: see Invest in the United States
3. Steps to set up
The main steps, in order, each with the body responsible and its official page.
Setting up in Vermont
- Register a foreign company with the Secretary of State to transact business in Vermont.Vermont Secretary of State, Business Services DivisionOfficial page (opens in a new tab)
Source: Vermont Secretary of State FY27 budget presentation, 2026 (opens in a new tab) · as of February 5, 2026
- Register for state taxes, such as the sales and use tax, with the Department of Taxes.Vermont Department of TaxesOfficial page (opens in a new tab)
Source: Vermont Statutes, 32 V.S.A. chapter 233, sales and use tax (opens in a new tab) · as of November 2, 2026
- Check whether the profession of any staff member needs a Vermont license from the Office of Professional Regulation.Vermont Office of Professional RegulationOfficial page (opens in a new tab)
Source: Vermont Secretary of State FY27 budget presentation, 2026 (opens in a new tab) · as of February 5, 2026
- Register as an employer for unemployment insurance with the Department of Labor.Vermont Department of LaborOfficial page (opens in a new tab)
Source: Vermont Department of Labor, UI Trust Fund report, 2026 (opens in a new tab) · as of January 31, 2026
Steps that apply across the United States: see Invest in the United States
4. Organizations that help investors
Start with Business Services. Each card links to the organization’s own site.
Each card says what it can help with:Get adviceFind financeMeet requirementsResearch markets
Investment and business setup
- Meet requirements
Business registry office
Business Services
Vermont Secretary of State, Business Services Division
Registers, renews and takes filings for domestic and foreign business organizations operating in Vermont, and handles commercial code filings.
Visit Business Services (opens in a new tab)Source: Vermont Secretary of State FY27 budget presentation, 2026 (opens in a new tab) · as of February 5, 2026
- Meet requirements
State labor agency
VDOL
Vermont Department of Labor
Collects employer unemployment insurance contributions and sets the yearly taxable wage base that employers pay on.
Visit VDOL (opens in a new tab)Source: Vermont Department of Labor, UI Trust Fund report, 2026 (opens in a new tab) · as of January 31, 2026
Show 1 more organization
- Get advice
Regional economic development corporation
GBIC
Greater Burlington Industrial Corporation
Helps employers locate, grow and scale their projects in the greater Burlington area.
Visit GBIC (opens in a new tab)Source: GBIC, home page (opens in a new tab) · as of November 2, 2026
Customs and tax
- Meet requirements
State tax authority
Department of Taxes
Vermont Department of Taxes
Administers Vermont taxes and publishes an annual taxpayer advocate report on problems taxpayers, businesses included, meet.
Visit Department of Taxes (opens in a new tab)Source: Vermont Department of Taxes, Taxpayer Advocate report, 2026 (opens in a new tab) · as of January 15, 2026
Chambers and industry associations
- Get advice
State chamber of commerce
Vermont Chamber
Vermont Chamber of Commerce
Represents Vermont businesses and publishes business climate surveys and guidance on Canada tariffs for employers.
Visit Vermont Chamber (opens in a new tab)Source: Vermont Chamber of Commerce, Canada tariffs page (opens in a new tab) · as of November 2, 2026
- Get advice
State manufacturers association
AIV
Associated Industries of Vermont
Represents Vermont manufacturers and their supporting businesses on state and federal issues, with news, education and networking.
Visit AIV (opens in a new tab)Source: Associated Industries of Vermont, home page (opens in a new tab) · as of November 2, 2026
5. Worth knowing
Land use permits
Act 250 requires a permit to start a subdivision or development, and Act 152 of 2026 moves some Act 181 land use changes to January 1, 2028.
What to do: Check whether your site needs an Act 250 permit before you sign a lease or purchase.
Sources: Vermont Statutes, 10 V.S.A. section 6081, Act 250 permits (opens in a new tab); Vermont Act 152 of 2026, Act 250 tier jurisdiction (opens in a new tab) · as of November 2, 2026
Business income tax
Vermont's corporate income tax is the greater of a 6.0, 7.0 and 8.5 percent schedule or a minimum tax set by Vermont gross receipts.
What to do: Confirm your entity's tax class and minimum tax with the Department of Taxes before you price a project.
Source: Vermont Statutes, 32 V.S.A. section 5832, corporate income tax (opens in a new tab) · as of November 2, 2026
Workforce supply
The Federal Reserve Bank of Boston reports Vermont employment in May 2026 was 1.7 percent below February 2020, with the employment-to-population ratio down 3.6 points.
What to do: Ask the regional development corporation about local hiring conditions before you set a hiring schedule.
Source: Federal Reserve Bank of Boston, New England conditions, July 2026 (opens in a new tab) · as of July 14, 2026
Across the United States: see Worth knowing in Invest in the United States
6. How Promote:Global helps
- Compare the United States with other countriesSet the United States beside other countries on investment momentum, fundamentals and trade access, before site, tax and legal work.
- Find advisors and service firmsAsk an advisory firm a scoped, paid question, or browse firms that list their own services, from legal work to logistics.
- Organize your next stepsKeep each product and market in a project, with a roadmap of steps you work through.
Turn this guide into your Vermont project.
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Promote:Vermont is an independent guide by Promote:Global, not an official government portal. The organizations named here are independent public and membership bodies, not Promote:Global partners, and every link goes to their own site.
Facts read from public sources, with an editorial cut-off of November 3, 2026. Nothing here is investment, legal, tax or sanctions advice. Check current status with the organization before you rely on it.