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South Carolina Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of South Carolina economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. This formula is advantageous for a company whose majority of sales occurs outside South Carolina. A negotiated FILOT could lower the assessment ratio from 10.5%

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South Carolina Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The updated South Carolina incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. For a list of South Carolina economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide.

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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

Buisness Facilities Contributed Content

Since its inception in 2008, the program has recognized 47 active AdvantageSite locations in the state after meeting guidelines such as utility and environmental standards, size, zoning and accessibility. Certified sites can be a big incentive for companies, especially those looking to move quickly on getting a new facility up and running.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

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