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Enterprise Zone Program (Alabama)

Eligibility 
Commercial
Construction
Industrial
Savings Category 
Fuel Cells
Photovoltaics
Program Info
State 
Alabama
Program Type 
Enterprise Zone
Provider 
Alabama Department of Economic and Community Affairs

The Enterprise Zone Program provides certain tax incentives to corporations, partnerships and proprietorships that locate or expand within designated Enterprise Zones. In addition to state-level tax incentives, businesses may also receive local tax and non-tax incentives for locating or expanding within a designated Enterprise Zone. Section 5 of the Alabama Enterprise Zone Program offers the following tax incentives: Credit based on income tax liability from Enterprize Zone Project Operations; Credit for new capital investment; and a company may claim a credit of up to $1,000 per new permanent employee for training new permanent employees in new skill areas. Section 11 offers certain exemptions.