Incentives

Dr. Reddy's Laboratories, Shreveport
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Louisiana Incentives.
Your Competitive Advantage Starts Here.

Expanding? Relocating? Starting up? Louisiana's tax credits and incentive programs can give your company a competitive edge.

The 2015 Legislative session made significant changes to many of the state's incentive programs. Click here for a high-level overview of the changes.

LED FastStart®

The nation's No. 1 workforce training program, FastStart creates customized employee recruiting, screening and training solutions — at no cost to eligible companies.

ANGEL INVESTOR TAX CREDIT

Up to a 25.2 percent tax credit for individual investors who invest in early stage, wealth-creating businesses that seek start-up and expansion capital.

COMPETITIVE PROJECTS PAYROLL INCENTIVE PROGRAM

An incentive rebate of up to 15 percent of a participating company's new payroll for up to 10 years, and a rebate of sales and use taxes on capital expenditures or a 1.2 percent project facility expense rebate.

INDUSTRIAL TAX EXEMPTION

100 percent property tax abatement for up to 10 years on a manufacturer's new investment and annual capitalized additions.

MOTION PICTURE INVESTOR TAX CREDIT

Up to a 30 percent transferable tax credit for qualified production expenditures and an additional 10 percent tax credit for Louisiana labor expenditures.

MUSICAL AND THEATRICAL PRODUCTION TAX INCENTIVE

A unique tax credit on qualified production or higher education infrastructure development expenditures with additional tax credits available for payroll.

QUALITY JOBS

Up to a 6 percent rebate on annual payroll expenses for up to 10 years and either a 4 percent sales/use tax rebate on capital expenses or a 1.5 percent investment tax credit for qualifying expenses.

RESEARCH AND DEVELOPMENT TAX CREDIT

A tax credit up to 40 percent to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state.

RESTORATION TAX ABATEMENT

A 100 percent property tax abatement for up to 10 years for the rehabilitation of an existing structure.

SOUND RECORDING INVESTOR TAX CREDIT

An 18 percent tax credit issued as a rebate for qualified production expenditures on state-certified sound recording projects.

Technology Commercialization Credit and Jobs Program

A refundable tax credit of 28.8 percent for companies that invest in the commercialization of Louisiana technology and a payroll rebate of 4.32 percent for the creation of new direct jobs.