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Corporate headquarters tax credit
South Carolina helps offset the costs associated with relocating or expanding a corporate headquarters facility with a credit that can be applied against either corporate income tax or the license fee.
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.