Operating Costs & Incentives

For businesses looking to start, expand or relocate, there is no better place than the Capital Region. With low operating costs and favorable tax credits and incentive programs, Louisiana can offer your business a competitive edge.

  • #1 low industrial
    electricity costs

    across the metro area

  • #1 cost-friendly
    business location

    among mid-sized cities

  • Single sales factor
    apportionment

    for corporate income taxes

  • LA-Icon
    State is ranked
    in top 10

    for energy costs

Tax Credits & Incentives

Below is a sample of tax credits and incentives available to business and industry. For a more extensive list of credits and programs, contact BRAC’s Business Development team or visit opportunitylouisiana.com.

– Quality Jobs Program

Up to a 6 percent rebate on annual payroll expenses for up to 10 years and either a state sales/use tax rebate on capital expenses or a 1.5 percent project facility expense rebate for qualifying expenses.*

– Digital Interactive Media & Software Program

A 25 percent tax credit for in-state labor, and an 18 percent credit for eligible production expenditures.*

– LED Faststart

FastStart provides customized employee recruitment, screening, training development and training delivery for eligible, new or expanding companies — all at no cost.*

– Enterprise Zone Program

Either a $3,500 or $1,000 tax credit for each certified net, new job created and either a state sales/use tax rebate on capital expenses or 1.5 percent investment tax credit for qualifying expenses.*

– Industrial Tax Exemption Program

Property tax abatement for up to 10 years on a manufacturer's new investment and annual capitalized additions.*

– Research & Development Tax Credit

A tax credit up to 30 percent to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state.*

* Information courtesy of Louisiana Economic Development 

BRAC-Russell

Russell Richardson

Senior V.P. of Business Development
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