WE MAKE IT EASY TO MOVE YOUR COMPANY
Moving to 650 West Street and Rutherford County is easy because of the numerous incentives that are available. Money is available at the local and state levels to make your move happen.
- Local incentives from Rutherford Economic Development Commission include multi-year tax abatements on real property and equipment. For more information, visit www.rutherfordncedc.com.
- State tax credits are available to eligible taxpayers that undertake qualifying initiatives. These credits may be used to offset up to 50% of the taxpayers state income and/or franchise tax liability and unused credits may be carried forward for up to 5 years.
- Job Development Investment Grants (JDIG) are incentives that are granted to new and expanding businesses as measured against a percentage of withholding taxes paid by new employees. Since Rutherford County is a Tier 1 county, approximately $3,000 per employee will be granted in tax credits. For more information, visit www.nccommerce.com.
- The One North Carolina Fund helps recruit and expand quality jobs in high value-added, knowledge-driven industries. It also provides financial assistance to those businesses or industries deemed vital to a healthy economy. For more information about this, and other, North Carolina business incentives, click here.
The point is simple: When you decide to move jobs and commerce to 650 West Street and Rutherford County, numerous incentives, credits, and cash will be there to make your move worthwhile.