Incentives
Unrivaled Incentive Programs for Your Competitive Edge
Louisiana offers a wide variety of targeted incentive programs to lessen the tax burden and lower the overall operation costs, helping companies who are locating and doing business in our state to thrive.
Whether you are a small business or a large multinational, Louisiana is your partner in reducing the risk of an expansion or relocation by making strategic investments in your long-term success in our region.
Companies that bring quality jobs and further diversify a rich local economy can take advantage of tax credits and other incentives, including material rebates, deferred property tax assessments, contract lending, and other cost-saving programs.
Combined with the low cost of doing business in Greater New Orleans, compared to other major cities, these incentives build a solid case for relocating, expanding operations, or starting a business in the area.
Rankings & Facts/Figures
Top Workforce Training Program
Recognized for its innovation, effectiveness, flexibility and efficiency, LED FastStart® is the nation’s best state workforce training program.
Business Facilities
Lowest Industrial Electricity Rate
Louisiana’s electricity and natural gas rates are some of the lowest in the nation, directly decreasing operational costs for companies.
EIA
Most competitive software incentive in the U.S.
Innovative tech companies locate in the Greater New Orleans region to reduce risk without compromising on talent.
DIGITAL INTERACTIVE MEDIA AND SOFTWARE PROGRAM
A 25 percent tax credit for in-state labor, and an 18 percent credit for eligible production expenditures.
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 project facility expense rebate for qualifying expenses.
COMPETITIVE PROJECTS PAYROLL INCENTIVE PROGRAM
The Competitive Projects Payroll Incentive Program provides an incentive rebate of up to 15 percent of a participating company’s new payroll for up to 10 years.
RESEARCH AND DEVELOPMENT TAX CREDIT
A tax credit up to 30 percent to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state.
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 percent tax credit for individual investors who invest in early stage, wealth-creating businesses that seek start-up and expansion capital.
