Business Incentives

Dr. Reddy's Laboratories, Shreveport
Lab Worker at Dr.Reddy's Laboratories in Shreveport

Louisiana Business 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

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 state 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.