Taylor County, Georgia, offers a customizable package of incentives for potential relocating and expanding businesses to encourage investment and job creation. Additionally, Georgia offers an extensive menu of statewide tax credits.

State Incentives

• Job Tax Credit - $4,000 per job each year, minimum two (2) net new full-time jobs (Taylor County is a Tier 1 community).
• Port Job Tax Credit Bonus –$1,250 per job added to the job tax credit for a 10% increase in port activity out of a Georgia port.
• Quality Jobs Tax Credit –$2,500-$5,000 per job tax credit available to companies that create at least 50 jobs in a 24-month period at wages at least 10% higher than the county average.
• Retraining Tax Credit for Implementing New Technology – calculated at 50% of the employer’s direct costs, up to $500 per employee per approved retraining program per year. The total amount of credit for one employee cannot exceed $1,250 per year. Training programs must be approved by the Technical College System of Georgia.
• Work Opportunity Tax Credit – Federal tax credit of $1,200 to $9,600 per hire to Georgia companies that hire workers who have faced certain barriers to employment.
• Investment Tax Credit – Up to 8% of qualified capital investment of $50,000 or more for manufacturers or telecommunications companies that have operated in Georgia for at least 3 years.
• Mega Project Tax Credit – Available to businesses that employ at least 1,800 “net new” employees and have either a minimum annual payroll of $150 million or make a minimum $450 million investment in Georgia.
• Research and Development Tax Credit – Available to companies that spend more on qualified research in Georgia; credit is up to 10% of that spending increase.
• Premium Tax Credit – credit against the annual premium tax applied to insurance companies in the state. In Taylor County, an insurance company must create five net new jobs to qualify for the credit.

• Child Care Tax Credit – 100% of the cost of construction for employers who purchase or build a qualified child care facility for employees, or 75% of the employer’s cost for sponsoring employee child care at a state-licensed facility.
• Parolee Tax Credit – $2,500 per person tax credit for hiring an individual granted parole within 12 months of his/her date of hire.
• Film, Television and Digital Entertainment Tax Credit – Up to 30% of money spent on production and post-production in Georgia, minimum spending amount $500,000.
• Musical Tax Credit – Up to 20% on qualified production expenditures, minimum spend $500,000 for musical or theatrical performances, $250,000 for synchronized recorded musical performance, and $100,000 for any other recorded musical performance.
• Small Business Credit Initiative – designed for small business lending through banks offering 50% guarantees on loans up to $400,000 and a loan participation program using SSBCI funds to purchase up to 25% of a loan originated by a participating lender to small business borrowers.
• Angel Investor Tax Credit - For qualified investors who invest in certain qualified businesses in Georgia; the credit is 35% of the investment with an individual investor cap of $50,000 per year, claimed two years after the investment is made.
• Quick Start training for employees at no cost to qualified businesses.

Local Incentives

• Streamlined regulatory procedures
• One-stop fast-track permitting
• Customized incentives to meet business needs
• Aggressive applications for all state and federal funding opportunities
• Affordable Industrial Park land and building
• Discounts on land and building depending on number of jobs created
• Local tax incentives with bonds or lease
• Regional team of professionals to make project move quickly and smoothly