Business Incentives
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Dade County
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Dade County & State of Georgia Incentives
Dade County and the State of Georgia offer a number of programs to encourage new job creation and investment to this county and the State of Georgia as a whole. A sampling of available incentives include tax exemptions, tax credits, labor recruiting assistance and Georgia’s Quick Start Employee Training program.
Job Tax Credits - The City of Trenton Census Tract is conditionally eligible for Tier 1 status. As a result, a $4,000 tax credit is available for industries that create a new full time job in Dade County, provided at least 5 jobs are created. These tax credits are available to any business that creates at least 5 new full time jobs in any industry – including retail. This credit can be claimed for up to five years for each employee. Unused credits can be carried forward over a ten-year period against 100% of Georgia’s 6% corporate income tax. Georgia’s corporate income tax rate is applied only to the portion of income earned in Georgia; income earned in other states is excluded when calculating your state corporate income tax.
Example: (100 jobs) x ($4,000) x (5 years) = $2,000,000 in tax credits
Ports Activity Enhancement - An additional $1,250 tax credit per job is available should the company elect to increase their port traffic at the Port of Savannah or the Port of Brunswick.
Example: (100 jobs) x ($3,000) x (5 years) = $1,500,000 in tax credits
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Freeport Tax Exemption - Dade County has elected to approve a 100% property tax exemption for three classes of inventories: 1) Manufacturer’s raw materials and goods-in-process, 2) Finished goods held by the original manufacturer, and 3) Finished goods held by distributors, wholesalers and manufacturers destined for out-of-state shipment.
Quick Start Employee Training Program - Georgia's Quick Start Employee Training Program will provide customized comprehensive training at no cost to the company. Quick Start can provide pre-hire and post-hire training on-site with Quick Start trainers.
Labor Recruiting Assistance - The Georgia Department of Labor will provide labor recruiting and screening services for each available position. We are confident qualified workers at all skill levels will be available to meet your needs.
HOPE Scholarship Program - Helping Outstanding Pupils Educationally, is Georgia's unique scholarship program that rewards students' hard work with financial assistance in degree, diploma and certificate programs at any eligible Georgia public or private college, university or public technical college. This program will be available to the company's employees, thier spouses and children who have residence in the State of Georgia.
Intellectual Capital Partnership Program (ICAPP) - Through this program, Georgia's public colleges and universities are able to expedite the education of highly skilled workers to specific company's need for knowledgeable workers that are in high demand but low supply. Georgia is the first to develop its intellectual capital with this innovative training program.
*Other local incentives may be available through city/county governments and/or development authorities
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