BUSINESS INCENTIVES
The following collection of resources are excellent starting points for anyone interested in opening a business, as well as existing businesses who are looking for additional resources. Programs listed include the Gulf Opportunity Zone Program as well as business incentive programs through the Louisiana Department of Economic Development. A direct link to online filing of incentive forms is also available on Louisiana E-Mall.
GULF OPPORTUNITY ZONE PROGRAM
The Gulf Opportunity Zone program (also known as GoZone) establishes tax incentives and bond provisions to rebuild the local and regional economies devastated by hurricanes Katrina and Rita. Click here to get the latest information on the Gulf Opportunity Zone Guide.
STATE BUSINESS INCENTIVES
The Enterprise Zone (EZ) Program is a JOBS incentive program that provides Louisiana Income and Franchise tax credits to a business hiring a minimum number of net new employees. Click here for the latest information and filing instructions on the Enterprise Zone Program.
Industrial Property Tax Exemption is Louisiana’s original incentive program for capital investments, and is for MANUFACTURERS only. It may be used by manufacturers new to the State as well as new investments and miscellaneous capital additions to existing facilities in Louisiana. Click here for more information.
Quality Jobs Program promotes economic development by encouraging businesses to create well-paid jobs. Click here for more information.
Restoration Tax Abatement Program encourages the expansion, restoration, improvement and development of existing commercial structures and owner-occupied residences in specified districts. Click here for more information. Click here for information.
Research & Development Tax Credit encourages existing businesses with operating facilities in Louisiana to establish or continue research and development activities within the state. Click here for information.
Industry Assistance Program provides a tax exemption when manufacturers and their contractors give preference and priority to Louisiana manufacturers or Louisiana suppliers, engineers, contractors and labor. Click here for more information.
Tax Equalization Program attracts, retains and encourages the expansion of manufacturing establishments, headquarters, warehousing and distribution establishments to Louisiana that would not do so in Louisiana due to a higher tax burden. Click here for information.