Find the Help you need Relocating your Business
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Sample sales tax for company X:

Taxable income:                  $100 million
%  of property in GA:                100%
% of payroll in GA:                  100%
% of Gross Receipts in GA:  13%


              Old vs. New
$3,390,000 in income tax owed
                  vs.
$780,000 income tax owed

 


Tax credit example: a qualifying taxpayer
• taxpayer creates 50 jobs, $4,000
   per job
• taxpayer eligible for port tax credit
   of $1,250 per job

50 jobs x $5,250 x 5 years =
                   $1,312,500 tax credit 

 

 

 

The capitol building in Atlanta, Georgia 

 

Georgia's average unemployment claim is
14 weeks as of 2008. 

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Georgia Research Alliance Scorecard

57        Eminent scholars
            recruited to Georgia
22       Nationally recognized
            Centers of Research
            Excellence
100+  Corporations served by uni-
            versity partnerships

 

 

 

FaciliTech provides up to 80 hours
of technical assistance from
Georgia Tech experts at no cost to
qualifying companies.

 

 

 

In 2007, the Georgia Department of
Economic Development (GDEcD)
received the Presidential E-Star
 Award for excellence in exporting
 from President Bush.

Home \ Resources

Resources to Help You Move

Single Corporate Sales Tax

In recent years, Georgia revised its corporate sales tax. The formula rewards investment in Georgia and looks only at the percentage of the company's sales made to customers located within Georgia. See example in right column.

 

Click Map to Enlarge

Tax Credits

Georgia offers state tax credits to qualifying new/existing companies based on a variety of criteria:

• jobs created
• increase in port shipments
• investment created

•  a fast growth small business
•  a retraining initiative
• a child care initiative

• research and development. 
 
Ask us for more details on how you would qualify.      See example in right column.

 

Tax Exemptions

Recent legislation offers qualifying businesses sales tax exemptions for: equipment related electricity used for manufacturing.

 

Hope Scholarship and Grants (Free Tuition)

Georgia's HOPE scholarship is the state's lottery-funded program that rewards Georgia high school graduates with financial assistance in degree, diploma, and certificate programs at eligible institutions of higher learning. College or technical school bound, this is a great resource for your employees and their family members.

 

OneGeorgia Authority

OneGeorgia Authority is an economic development tool created by the state legislature, to assist Georgia communities and their industries with grants and loans. Locate South Georgia communities and many of their businesses are recipients of these funds. We have a successful track record with OneGeorgia funding.

 

Labor/Low Unemployment Insurance

Labor Commissioner Michael Thurmond announced in 2007 a $100 million unemployment insurance tax cut. The tax cut leaves more money in the hands of Georgia's large and small employers. Georgia has the second most solvent unemployment insurance trust fund and the lowest unemployment insurance tax rates in the Southeast. 

 

Certified Work Ready Program

This is a workforce development initiative creating easy access for companies to find qualified workers.

 

Right-to-Work State

Georgia employees have the right to decide for themselves whether or not to join or financially support a union.

 

Population Growing/More Customers

Georgia is the nation's 10th largest consumer market; up three places from 1990. Census Bureau numbers from July 1, 2005 and July 1, 2006 show Georgia is the 4th fastest growing state.

 

Georgia Centers of Innovations

There are six centers of innovations with resources available to South Georgia.

Aerospace   Agribusiness   Energy   Manufacturing    Life Sciences    and     Logistics.



Georgia Research Alliance

The heart of the Georgia Research Alliance investment strategy is the Eminent Scholars Program. Renowned scientists are recruited to Georgia from many parts of the world to lead extraordinary programs of research and development with high potential economic development impact for the state.

 

Intellectual Capital Partnership Program (ICAPP) Program

The University of Georgia offers free business and technical expertise and access to the latest research.

 

FaciliTech/Georgia Institute of Technology

FaciliTech offers the expertise of Georgia Tech, one of the world's top engineering, technology and research universities to relocating or expanding businesses.

 

Enterprise Innovation Institute

The Georgia Tech Enterprise Innovation Institute helps enterprises improve their competitiveness through the application of science, technology and innovation.

 

Export Assistance Center/Georgia Ports

This center brings to bear the resources of the Georgia Economic Development Department and its federal and state agency partners known collectively as the U.S. Export Assistance Center.

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