North Carolina Tax Credit Incentives for industries locating in Warren County, NC. Classified Tier 1, Warren County industries need meet no thresholds to receive the maximum credits of any county in the state.

Warren County EDC is your gateway to a long list of financial assistance options for new and expanding industries. Qualifying companies can lower the costs of start-up and doing business in Warren County with an array of NC Income Tax Credits. For example, under the William s. Lee Act, employers can take a credit of $12,500 for each job created over five, and a credit of up to 7% of the value of machinery and equipment placed in service. Also, companies providing training for five or more employees can take a credit up to a maximum of $1,000 per employee trained.

Take advantage of a variety of resources including Industrial Revenue Bonds, CDBG grants, Industrial Development Fund, One North Carolina Fund, Job Development Investment Grant, Industrial Access/Road Fund, the Rail Industrial Access Fund, in addition to the free pre-employment screening and other services provided by the NC Employment Security Commission.

One of the greatest incentives to creating new jobs in North Carolina is the New and Expanding Industry Training Program, providing custom training for new employees of manufacturing and technology companies, and national and regional customer service and warehouse/distribution centers. These training programs are developed jointly by your company and the community college system and are furnished at low or no cost.

After our Economic Development Team helps you determine which of these inducements are right for your project, we can talk about other ways to help you accomplish your expansion and relocation goals.

Additional information on North Carolina financing alternatives and tax credits can be found at:
NC Department of Commerce
NC Department of Revenue

Disclaimer:
Warren County EDC tries to maintain current information on this site but it is not responsible for any material not located in the WarrenCountyNC.org domain. We do provide links to organizations outside the EDC’s domain. The provision of a link to external organizations or sources of information does not constitute endorsement of that organization by Warren County EDC. Links may be provided or removed at any time, with or without cause or warning.