Job creation tax credit - A credit good against Georgia Corporate Income Tax liability. The amount of the credit varies from $1,250 to $4,000 per job per year, depending on the county in which a facility is located. Jobs must be pre-qualified as eligible. The credit is valid for a period of five (5) years.
Corporate headquarters relocation incentive - Relocating your headquarters or the headquarters of a subsidiary could qualify your firm for an advanced job tax credit (up to $5,000 per job per year for 5 years, if the new jobs pay twice the county average wage rate). The headquarters tax credit can be used against 100% of corporate income tax liability regardless of where the taxpayer locates the headquarters. Credits not applied to income tax liability may be used to reduce withholding tax.
Investment tax credit- A one-time 1% tax credit on a minimum capital investment of $50,000 for manufacturers and telecommunications firms that have operated a production facility in the state the previous three years is offered in metro Atlanta counties. A taxpayer must choose either the regular or optional investment tax credit.
Cost-Free customized employee training - Georgia's highly acclaimed Quick Start training program offers sophisticated customized training jointly developed with your company. This cost-free program covers development and delivery of all training conducted in your facilities or in a state-of-the-art vocational-technical college. The Chamber's Economic Development staff will work directly with you and Quick Start to ensure a full exploration of all training that may be provided to your company.
Property tax relief - Many counties in Metro Atlanta will offer 10-year periods of property tax relief, negotiated on a case-by-case basis. Typically offered only in conjunction with the use of revenue bonds, this type of incentive is predicated on the number and quality of jobs created and the amount of the financial investment.
Sales tax exemptions - State sales tax is exempted on manufacturing machinery, computer equipment used in high tech operations, equipment and materials used in clean rooms, material handling equipment, and more.
