Advanced notification to the state required. Louisiana's Enterprise Zone (EZ) Program provides tax credits and sales and use tax refunds to businesses that hire at least 35% of their new employees from one of four targeted groups. Businesses and their contractors receiving state tax rebates or credits under the EZ program are encouraged to give consideration to Louisiana manufacturers, suppliers, contractors, and labor for their project.
A one time $2,500 tax credit is generated for each certified net new job created ($5,000 tax credit for net new job for certain automotive or aerospace companies). An additional $2,500 tax credit may be generated in the second year of employment if the new employee is certified as receiving assistance through the Family Independence Temporary Assistance Program (FITAP). Participation in this program excludes the use of the Quality Jobs Program. Contact: 225-342-9228 for more information.
Caddo-Bossier Foreign Trade Zone (FTZ)
The local Foreign Trade Zone makes it possible to import materials and components into the U.S. without paying duties until they enter the U.S. market. Goods shipped out of the country from FTZs are duty-free. Contact Caddo-Bossier Port Commission at 318-524-2272 for more information.