Incentives Overview
Helping Your Business Thrive
Louisiana offers competitive incentives to help your business thrive. Louisiana Economic Development’s team of industry experts ensures a seamless application process to help you determine your company’s eligibility.
Competitive Projects Payroll Incentive (Cppi)
Provides a payroll rebate of up to 15% in target sectors for up to 10 years and either a state sales/use tax rebate on capital expenditures or a facility expense rebate equal to 1.2% of capital expenditures, excluding tax-exempted items.
Technology Commercialization Credit and Jobs Program
Provides a refundable tax credit of 28.8% for individuals or businesses that invest in the commercialization of Louisiana technology and a payroll rebate of 4.32% for the creation of new direct jobs.
Digital Incentive Media And Software Incentive
Provides a 25% refundable tax credit for Louisiana resident labor expenditures and up to a 18% tax credit on qualified production expenditures.
Industrial Property Tax Exemption Program
With local approval, provides up to 100% property tax abatement for an initial term up to five years and the option to renew for up to three additional years at up to 80% tax abatement on a manufacturer’s qualifying capital investments.
Enterprise Zone Program
Provides a tax credit of up to $3,500 per certified net new permanent, full-time job and either a state sales/use tax rebate on qualifying expenses or an investment tax credit equal to 1.5% of capital expenditures, excluding tax-exempted items.
Quality Jobs
Provides a cash rebate of up to 6% on annual gross payroll for new, direct jobs for up to 10 years. It can also provide a state sales/use tax rebate on capital expenditures or a 1.5% project facility expense rebate for qualified expenses.
Led Faststart
Provides workforce recruitment, screening and training to new and expanding Louisiana companies at no cost.
Research and Development Tax Credit
Provides up to a 40% tax credit for Louisiana businesses (based on employment) that conduct research and development activities in Louisiana.
Restoration Tax Abatement
Provides 100% abatement for up to 10 years for the rehabilitation of an existing structure based on assessed valuation of property prior to beginning of improvements.
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We’ve teamed up with the @USCensusBureau to help make sure that every person living in the U.S. is counted in the #2020Census. Find out why an accurate count is so important to our community at https://t.co/lIvQZjNujs.
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