Incentives

Businesses that consider Polk County quickly discover that “it’s just easier here.” Everything from fast-track permitting, aggressive financing methods, business advocacy and creative problem solving are available to the right project. Bottom line – Polk County’s Economic Development Team can will do what it takes to earn your company’s trust and investment.
 

Local Incentives

  • Single Point of Contact
  • Property Tax Abatement – case by case
  • Freeport Inventory Tax Exemptions – 100% on raw materials, goods in process of manufacture, and finished goods destined for shipment out of state
  • Manufacturing Energy Sales Tax Exemption – Energy used by manufacturers is exempt from the 6% sales tax (4% state, 2% local)
  • Fast-Track Permitting
  • Creative Financing – through Industrial Revenue Bonds, Leaseback Agreements, PILOT Bonds
  • Local Fee Waivers
  • No Impact Fees
  • Cities of Rockmart and Cedartown carry and ISO 3 fire rating

Workforce/Hiring/ Training Assistance

  • Georgia Department of Labor (DOL) offers:
    • Labor Market Information
    • Onsite Business Centers
    • Recruitment and Staffing
    • Assistance with Tax Credits and Employment-related Laws
    • Among a variety of other programs.
  • Georgia's Quick Start Program, the internationally recognized customized workforce training as a state incentive at no cost to qualified companies.
  • Georgia Northwestern Technical College can provide customized training opportunities, as well as traditional programs of study.
  • Polk County College & Career Academy is a public/private initiative designed to accommodate the workforce needs of business and industry, offering both internships and dual enrollment opportunities.

State Level Incentives

  • Job Tax Credits – $3,000 per job each year for 5 years, minimum 10 qualifying jobs (Polk County is a Tier 2 county)
  • Port Job Tax Credit Bonus – $1,250 per job bonus added to the job tax credit for businesses with large increases in shipments out of a Georgia port
  • Investment Tax Credit – 3%-5% of qualified capital investment; taxpayers must choose either the investment tax credit of the job tax credit
  • Childcare Tax Credit – up to 75% of the employer’s direct cost of providing or sponsoring childcare for employees, or 100% of the cost of purchasing a qualified childcare property for employees
  • Manufacturing Machinery and Computer Sales Tax Exemptions –sales and use tax exemptions on qualified tangible personal property under certain specified conditions
  • Quick Start Training – customized, world-class training for new and expanding industries and businesses, at no cost to qualifying businesses