Enterprise Zone

Benefit

Tax credit program: provides a one-time $2,500 tax credit per certified net new permanent, full-time job, and either a 4% sales/use tax rebate on qualifying expenses or an investment tax credit equal to 1.5% of capital expenditures, excluding tax-exempted items.

Eligibility (Not Comprehensive)

This incentive program is open to any Louisiana business (new or existing) not engaged in gaming, residential development, a church, retail business or restaurant with NACIS of either 44, 45 or 722 

Create a minimum of five permanent net new full-time jobs within 24 months of their project start date or increase their current nationwide workforce by 10% within the first 12 months

Hire 50% of the net new jobs created from one or more of the certification requirements from these targeted groups:  Residents living in Enterprise Zone within the state, people receiving an approved form of public assistance, people lacking basic skills performing below a ninth grade proficiency in reading, writing or mathematics and people unemployable by traditional standards.

Category: Economic Incentives for Businesses of All Sizes

More Economic Incentives for Businesses of All Sizes

Benefit Rebate: provides a payroll rebate of up to 15% in target sectors for up to 10 years and either a 4% sales/use tax rebate on capital expenditures or a facility expense rebate equal to 1.2% of capital expenditures, excluding tax-exempted items. Eligibility... Learn More
Benefit Tax credit program: provides a 35% refundable tax credit for Louisiana resident labor expenditures and up to a 25% refundable tax credit on qualified production expenditures. Eligibility (Not Comprehensive) Open to all companies producing digital interactive media products or platforms in... Learn More
Benefit Property tax abatement: provides a 100% property tax abatement for up to 10 years on manufacturer’s qualifying capital investments Eligibility (Not Comprehensive) Businesses must be classified as a manufacturer or related to the manufacturing project in order to receive the benefits... Learn More
Benefit Workforce development program: provides workforce recruitment, screening and training to eligible new and expanding Louisiana companies at no cost. Eligibility (Not Comprehensive) Any manufacturing, digital media, corporate headquarters, warehouse and distribution, research and development or other strategic facility must commit to... Learn More
Benefit Tax credit program: provides a tax credit of up to 30% on qualified production expenditures and an additional 10% tax credit for Louisiana resident labor expenditures. Eligibiltiy (Not Comprehensive) Open to all motion picture production companies headquartered and domiciled in Louisiana... Learn More
Benefit Tax credit program: provides a tax credit of 18% for musical and theatrical productions and state certified higher education infrastructure projects; additional credits are available for employing Louisiana residents and students in conjunction with state certified musical and theatrical productions.   Eligibility (Not... Learn More
Benefit Cash rebate: provides up to 6% rebate on annual payroll expenses for up to 10 years, and either a 4% sales/use tax rebate on capital expenditures or an investment tax credit equal to 1.5% of capital expenditures, excluding tax-exempted items. Eligibility (Not... Learn More
Benefit Tax credit program: provides up to a 40% tax credit for Louisiana businesses (based on employment) that conduct research and development activities in Louisiana Eligibility (Not Comprehensive) Must have incurred research and development expenditures in Louisiana and who can meet certain... Learn More
Benefit Tax credit program: provides a 18% tax credit issued as a rebate on qualified expenditures for sound recording productions. Eligibility (Not Comprehensive) This program incentivizes sound recording, defined as recording of music, poetry or spoken-word performance made in Louisiana and produced... Learn More
Benefit Tax credit program: Provides a refundable tax credit of 28.8% for individuals or businesses that invest in the commercialization of Louisiana technology and a payroll rebate of 4.32% for the creation of new direct jobs. Eligibility (Not Comprehensive) Must commercialize a... Learn More
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