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Georgia (USA)

List of incentives available in this location for quick easy reference below.

Incentives

Table key

  • Incentive offered
  • Incentive not offered
  • Did not submit information
Cash grants/incentives
Tax exemptionsMore [+]Less [-]
  • GDEcD offers a range of tax exemptions and tax credits to all companies seeking to locate in Georgia.
  • Georgia’s Single Factor Apportionment for taxable income treats a company’s gross receipts as the only relevant factor in determining the portion of that company’s income subject to Georgia income tax.
  • Georgia’s Job Tax Credit. Companies that create at least 50 jobs and pay wages at least 100 percent of the county average are eligible to receive Georgia’s Quality Jobs Tax Credit, allowable against payroll withholding liability.
  • The Sales and Use Tax Exemption - covers qualified equipment purchases or leases when the equipment purchased is used in the manufacturing process.
  • The Inventory Tax Exemption - in accordance with Georgia’s “Freeport” law, exempts many Georgia counties from property tax up to 100% of qualified raw material, work-in-process and finished goods inventory.
Property assistance / other fiscal incentiveMore [+]Less [-]
  • Local communities can reduce start-up costs for foreign investors by providing important infrastructure improvements, such as paving roads, clearing sites and installing utilities. In some cases, communities lease or sell industrial buildings or sites to investors at attractive rates. Additionally, financial assistance is available in the form of property tax abatements, inventory tax exemptions and industrial revenue bonds.
  • It is possible for companies to negotiate temporary property tax abatement in some Georgia communities. Typically, this tax relief is facilitated by a company-backed bond issue.
  • Approximately 90% of Georgia counties are completely exempt from ad-valorem property tax on qualified raw material, work-in-process and finished goods inventory under Georgia’s local-option “Freeport” law. In most of these counties, distribution center and warehouse inventories are exempt if the inventory will be shipped out of state.
Training and labor market assistanceMore [+]Less [-]
  • The GDEcD connects companies with the state’s Department of Labor to assist them with recruitment.
  • Georgia’s nationally ranked Quick Start employee training program provides, customized training for new employees in skill-based jobs, free of charge to qualifying companies. Quick Start has deep experience working with international companies and can reproduce a company’s operations in a training setting for new hires, enabling a company to begin operations the day it opens its doors.
  • The Governor’s Office of Workforce Development awards incumbent worker training grants to eligible companies who become Certified Work Ready facilities. Companies must use Work Ready job profiles and assessments/certificates as an integral part of their Human Resources practices. Incumbent worker training funds are awarded according to the number of employees earning Work Ready Certificates, up to a maximum of $500 per employee or $50,000 per facility.
Loan guarantees, cheap loans or financeMore [+]Less [-]
  • Local incentives may include Industrial Revenue Bond Financing, Recovery Zone Bonds, abatements on real and personal property taxes and reduction of local permit fees.
Exemptions from regulations
Target sectorsMore [+]Less [-]
  1. Energy
  2. Advanced Manufacturing
  3. IT
Sectors specific incentivesMore [+]Less [-]
  • Companies that create at least 50 jobs in a 12-month period that each pay wages at least 110% of the county average are eligible to receive a tax credit of $2500-$5000 per job, per year, for up to five years, based on the scaled system below.  Credits may be used to offset the company’s payroll withholding once all other tax liability has been exhausted, and may be carried forward for ten years. New jobs may count toward either the Jobs Tax Credit or the Quality Jobs Tax Credit (if applicable). 
  • Georgia also offers a R&D Tax Credit to new business entities performing qualified research and development in Georgia.  New business entities may claim a 10% tax credit of increased R&D expenses subject to a base year calculation, and the credit may be claimed for five years.

Sponsorship

If you are the authorised promotions agency for Georgia (USA) and would like to have your location highlighted on fDi Atlas, you can contact our sales team on + 44 (0) 207 775 6667 or contact us here.