Take a Look at the Incentives We Offer

Grants

    DISCRETIONARY
    Can be used for infrastructure, land acquisition and other eligible expenses

Job Tax Credits

    STATUTORY
    Corporate income tax incentive
    This incentive is "stackable" with other corporate income tax credits.

Job Development Credits

    DISCRETIONARY
    Log quarterly reimbursement of a discretionary percentage of employees withholding taxes for 10 years.
    Maximum reimbursement of $3,250 per employee per year.

Recruitment Assistance

    DISCRETIONARY
    The S.C. Technical College System will recruit, screen, and train employees at no cost to the company

Fee In Lieu of Property Taxes

    DISCRETIONARY
    Locks the property tax rate for 30 years (40 years for projects having investments of more than $150 million in a single facility).
    Reduces the property tax assessment from 10.5% to 6% on real and personal property (4% for projects having investments of more than $150 million in a single facility).

R & D Tax Credit

    STATUTORY
    Corporate income tax incentive
    This incentive is "stackable" with other corporate income tax credits. 
    R & D stands for Research & Development.

Investment Tax Credit

    STATUTORY
    Corporate income tax incentive
    This incentive is "stackable" with other corporate income tax credits.

Special Source Revenue Credits

    DISCRETIONARY
    Can reduce the amount of net property payable by a negotiated percentage.

Port Tax Credit

    DISCRETIONARY
    Corporate income tax incentive
    Based on South Carolina port volume increase.
    This incentive is "stackable" with other corporate income tax credits

Property Tax Exemptions

    STATUTORY
    Exempts inventories, raw materials, works in progress, finished goods, intangible personal property, and pollution control equipment and facilities from Property Tax's Tax Credit.

Property Tax Abatements

    STATUTORY
    Abates the county operation portion of the millage rate for 5 years.
    Available for manufacturing investments of more than $50,000.

And we're just getting started…

Whether you have specific questions about one of the incentives above or you want to know what other incentives we offer, give us a call today.

DARLINGTON COUNTY ECONOMIC DEVELOPMENT

QUICK LINKS

ADDITIONAL

DCEDP ©2021-2022 All Rights Reserved1 Public SquareDarlington, SC 29532


DARLINGTON COUNTY ECONOMIC DEVELOPMENT

QUICK LINKS

ADDITIONAL

DCEDP ©2021-2022 All Rights Reserved1 Public SquareDarlington, SC 29532