Redmond is home to a slew of high-tech enterprises. Microsoft, which relocated its headquarters to Redmond in 1986, is by far the city’s largest employment. Microsoft employs over 40,000 blue badge FTEs (full-time equivalents), 45,000 orange badge contractors (as of June 2012, the company employed over 94,000 people, with more than half being contractors), and occupies more than 8 million square feet (750,000 square meters) of office space in the Seattle area’s Eastside region, primarily in Redmond, with additional offices in Bellevue and Issaquah (90,000 employees worldwide). Microsoft paid $220.5 million in June 2006 for the former Safeco Redmond facility located at 4515–5069 154th Place NE.
Nintendo of America, Genie Industries (now part of Terex), Physio-Control (now part of Stryker), Visible.net, WildTangent, Solstice (bought by Samsung), and Data I/O are all headquartered in Redmond.
SpaceX and Hyperloop Genesis announced the establishment of a facility in Redmond in 2015. Their primary focus will be on research and development of a projected internet communications satellite constellation and novel modes of travel.
Unlike Bellevue and other adjacent cities, Redmond does not have an income tax on businesses and occupations. However, in 1996, a business licensing charge of $55 per employee was established to help offset the costs of road improvements for businesses. The charge is $107 per employee as of 2016. (Source: Wikipedia)