Incentives & Tax Abatements

Georgia has fostered a stable, business-friendly financial and regulatory environment on which businesses can rely.

Glynn County Incentives and Tax Abatements

Glynn County recognizes the benefits that a new or expanding company can offer to our region. We have local incentives for companies in our targeted industries:
Aerospace, Manufacturing, and Logistics.

In addition to the competitive local incentives, there may be other financial tools available to your business such as participation in our competitive land pricing, or Foreign Trade Zone. Our incentives and grants are based on the project’s capital investment,  job creation, and wages. Projects outside of our target industries may be considered for our local incentives if the capital investment, job creation, or wages significantly impact the County. All incentives and grants are subject to approval by the Board of Governors.

Property Tax Abatements

The Authority has the ability to tailor a tax abatement program for your specific project that can offer relief from ad valorem taxation that is weighted to give the most benefit in the beginning years of investment. If you are unfamiliar with the process, you may find this white paper helpful.

New or existing Glynn County Businesses may be eligible for discretionary funds that can be used to assist with the payment of local site
development permit fees or other site improvement expenses.

The Authority owns and operates several of the industrial sites in Glynn County. Qualified projects may be eligible for reduced or no-cost land.

Expedited Permitting

The permitting process in Glynn County is already extremely efficient but we have systems in place to accommodate businesses locating in Glynn County.

Foreign Trade Zone Designation

Foreign Trade Zones are a huge advantage to businesses that import and export goods.  Locating a business within a Foreign Trade Zone allows a company to delay paying duties. Learn more.

Federal Opportunity Zone

The Federal Opportunity Zone Program is a community and economic development tool that drives long-term private investment into low-income communities throughout the country. The program encourages investors with recently realized capital gains to invest in real estate or development projects in exchange for reduced tax obligations. Learn more.

Certified HUBZone

If your small business is located in a designated HUBZone, it may be eligible for set-aside government contracts. Learn more about the SBA’s HUBZone program and certification here.

Revolving Loan Fund

New or existing Glynn County Businesses creating jobs for low-moderate income individuals may be eligible. Funds may be used to purchase machinery/equipment or real estate. Up to $20,000 for each new job created may be awarded, with an award maximum of $100,000 are per eligible project. Click here to learn more.

Share the Future Fund

The Golden Isles Development Authority believes in our local entrepreneurs. The Share the Future Initiative was developed to give local area *business access to capital to help grow and promote their business. The following opportunities for support are available for companies that are incorporated in Glynn County and whose majority of owners live in Glynn County. View our announcements for recent recipients and projects funded by the Share the Future Initiative.

Recent Success Stories:

Georgia Tax Credits and Incentives

Georgia Business Tax CreditsProjects locating within Glynn County are supported by The Georgia Department of Economic Development (GDEcD) and may be eligible for the state incentives. Several organizations that report on economic development and the site selection industry consistently rank Georgia as the “Number 1 State for Business.”

Companies that are new to Glynn County will benefit from the Jobs Tax Credit. Existing industries have access to the Investment Tax Credit, Research and Development Tax Credit, Port Tax Credit, and Retraining Tax Credit. New and expanding companies will both benefit by taking advantage of the sales and use tax exemptions, Georgia Department of Labor programs, and custom training from QuickStart.

Glynn County is designated as a Tier 3 County. To learn more about the tax credits and incentives offered by Georgia, visit Georgia.org.

Georgia’s Quick Start Training Incentive

Workforce training in Georgia is provided through several initiatives, but the state’s signature program is Georgia Quick Start. Quick Start is a free program customized for companies in numerous industries. Quick Start has updated the skill sets of nearly 1 million employees at 6,200 companies.

Quick Start helps companies maintain a competitive advantage by preparing workers for skill sets needed tomorrow as well as today.

  • A Quick Start training regimen is shaped specifically for the skills that a company is looking to develop in its employees
  • Training is conducted in classrooms, mobile labs or onsite at the company
  • Quick Start is provided at no charge by the Technical College System of Georgia
  • The program is versatile: Quick Start has prepared workers to assemble intricate aircraft components, grow bacteria for vaccines, manufacture plastic and metal products and field inquiries from customers, by phone or online

Contact us to learn more about the Golden Isles.

I am here and ready to provide you with the information you need to make an informed decision about locating in the Golden Isles.

McKenzie Padgett

Director of Business Development 

mpadgett@goldenislesdev.com
cell: (912) 536-0844

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Let us know how we can help your business.

209 Gloucester Street, Suite 211

Brunswick, GA 31520

phone: 912-536-0844
email: info@goldenislesdev.com

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