manufacturing
Manufacturing machinery & equipment sales tax exemptions
State and local sales and use tax exemptions are available for companies that purchase machinery, equipment or parts used to produce tangible goods.
Jobs tax credit
The tax credit supports new and expanding companies for creating jobs in SC. To qualify, companies must create and maintain a certain number of net new jobs in a taxable year.
Discretionary grants
Discretionary grant funding supports economic development projects such as road improvements, water and sewer infrastructure and other infrastructure needs related to economic development projects.
5-year property tax abatement
Redevelopment projects involving abandoned buildings may qualify for a credit against real property taxes. This credit may offset up to 75% of property taxes.