Incentives

The Gateway Region offers a range of business incentives that are competitive with nearby states. Louisiana tax incentives vary from Ad Valorem Tax exemption for manufacturing to sales tax rebates and up to a $5,000 tax credit per employee under Louisiana's Enterprise Zone program.

Additionally, there are employee training programs, a qualified and motivated work force, excellent regional higher education facilities and a close working relationship between the public and private sectors. Further, local incentives may be provided based on the number of jobs created and the type of industry locating in the Gateway Region.

Louisiana's industrial training programs are designed to build and continue to replenish a valuable, well-trained pool of workers for virtually any industry. Vo-tech pre-employment training, on-the-job training and incumbent worker training insure that companies relocating or expanding their operation in the Gateway Region will have access to workers specifically trained in the skills needed by their employers.

There is a wide range of incentives available for those doing business in Northwest Louisiana.  They include:

Louisiana Incentive   (Click Here for LA Incentives PDF)

Louisiana FastStart™
Provides workforce recruitment, screening and training to new and expanding Louisiana companies at no cost.

Digital Media Incentive
Provides a 25% tax credit for qualified production expenditures in Louisiana and a 35% tax credit for Louisiana resident labor expenditures.

Economic Development Award Program
Provides funding for site and/or infrastructure improvements for projects creating new jobs.

Enterprise Zone
Provides a $2,500 tax credit for each certified net new job created; and either a 4% sales/use tax rebate on capital expenditures or income and franchise tax credits up to 1.5% of investment.

Industrial Tax Exemption
Provides a 100% property tax abatement for up to 10 years on materials used in new manufacturing.

Live Performance Tax Credit
Provides a tax credit up to 25% on qualified production or infrastructure development expenditures, with additional tax credits available for payroll and transportation expenditures.

Mentor-Protégé Tax Credit
Provides up to $50,000 in tax credits for Louisiana-based contractors who provide competitive technical assistance to protégé construction firms.

Modernization Tax Credit
Provides a 5% refundable state tax credit for manufacturers modernizing or upgrading existing facilities in Louisiana.

Motion Picture Industry Development Tax Credit
A transferable tax credit of 30% for qualified motion picture production expenditures and an additional 5% tax credit for Louisiana resident labor expenditures.

Quality Jobs
Provides up to 6% rebate on annual payroll expenses for up to 10 years; and either a 4% sales/use tax rebate on capital expenditures or an investment tax credit equal to 1.5% of qualifying expenses.

Research & Development Tax Credit
Provides a tax credit up to 40% to existing businesses with operating facilities in Louisiana to establish or continue research and development activities within the state.

Restoration Tax Abatement
Provides a five-year 100% property tax abatement for the rehabilitation of an existing structure.

Sound Recording Investor Tax Credit
Provides a 25% refundable tax credit for qualified production expenditures on state-certified sound recording projects.

Technology Commercialization Credit and Jobs Program
Provides a 40% refundable tax credit for companies that invest in the commercialization of Louisiana technology and a 6% payroll rebate for the creation new, direct jobs.

Additional incentives may be available also.  The Gateway Region business incentive packages are created and customized on an individual project basis with local, regional and state coordination.  Contact us with your specific questions for your new or expanding business development project.