The Enterprise Zone (EZ) Program is a JOBS incentive program that provides Louisiana Income and Franchise tax credits to a business hiring a minimum number of net new employees. Thirty five percent of these new jobs must be filled from one of four targeted groups. A business does not have to be investing money, just creating additional jobs. The creation of jobs may result in sales/use tax rebates.
EZs are areas with high unemployment, low income or a high percentage of residents receiving some form of public assistance. The Board of Commerce and Industry is responsible for approving these applications. Louisiana Economic Development's Business Incentives Services administers this program.
The program is administered by the Louisiana Department of Economic Development's Board of Commerce & Industry.
CLICK HERE to open a Department of Economic Development document with informative facts on the Enterprise Zone program.
CLICK HERE to go to the DED's Enterprise Zone webpage, which includes registration/application form and plenty of downloadable forms for the program.
Business Incentives: Enterprise Zone, from the Louisiana Department of Economic Development.
The Enterprise Zone (EZ) Program is a JOBS incentive program that provides Louisiana Income and Franchise tax credits to a business hiring a minimum number of net new employees. Thirty five percent of these new jobs must be filled from one of four targeted groups. A business does not have to be investing money, just creating additional jobs. The creation of jobs may result in sales/use tax rebates.
EZs are areas with high unemployment, low income or a high percentage of residents receiving some form of public assistance. The Board of Commerce and Industry is responsible for approving these applications. Louisiana Economic Development's Business Incentives Services administers this program.
Enterprise Zone FACTS
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