Incentives
Local and state incentives may be available for new industry development and existing industry expansion.
Georgia: The #1 State for Business for Over a Decade
Area Development Magazine
Rural Zone
Established by the Georgia Department of Community Affairs, Rural Zones enable businesses and investors to obtain tax credits for qualified activities occurring within designated areas.
Credits may be available for job creation activities, investment in downtown properties, and renovation of properties to make them usable.
State Incentives
Georgia's portfolio of incentives begins with a tax credit to spur job creation, and includes an array of other credits for investing in R&D, shipping through ports, and making key expansion investments.
Georgia tax exemptions are just as robust: they can save businesses money in startup and operating costs. All of this is anchored by a 5.39% corporate tax rate based on single-factor apportionment.
Less Developed Census Tract (LDCT)
Certain areas of the state have special designations that supersede the county tier assignment. Projects in these special zones can qualify for Job Creation Tax Credits by creating fewer jobs, may earn a higher credit value, and can use the credits in more ways.
In addition, there is no industry requirement if the project is located in one of Georgia's least-developed counties, like Seminole.
