South Carolina Job creation incentives
South Carolina offers tax credits, reimbursements and other performance-based incentives that can help new and expanding companies offset costs associated with creating jobs and growing their operations.
Available programs vary based on factors such as job creation, wages, investment, company size and project location.
Find job creation incentives for your project
Corporate headquarters tax credit
Qualifying companies establishing or expanding a corporate headquarters in South Carolina may receive a credit equal to 20% of certain eligible headquarters facility, lease and equipment costs.
Corporate income tax moratorium
Qualifying companies making substantial investments and creating jobs in designated South Carolina counties may receive a moratorium on the corporate income tax attributable to the qualifying investment for 10 or 15 years.
Job development credit
A discretionary, performance-based incentive that allows qualifying companies to use a portion of employee withholding to reimburse approved project costs associated with a new or expanding operation.
Job tax credit
A statutory tax credit available to qualifying new and expanding companies that create and maintain net new full-time jobs in South Carolina. Credit value varies based on the number of jobs created and the county where they are located.
Small business jobs tax credit
A job creation credit designed for qualifying small businesses with 99 or fewer full-time employees worldwide. Eligible companies may qualify with fewer new jobs than required under the standard Job Tax Credit.
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Download our Incentives Guide
