Aggressive incentives position industries for growth and create an exceptional economic climate that maximizes return on investment.
South Carolina’s performance-based tax incentives reward companies for job creation and investment.

South Carolina offers the following statutory tax incentives:
- No state property tax
- No inventory tax
- No sales tax on manufacturing machinery, industrial power or materials for finished products
- No wholesale tax
- No unitary tax on worldwide profits
- Favorable corporate income tax structure
- No local income tax
The state’s pro-business policies are demonstrated by the following:
Several ways to potentially eliminate your entire corporate income taxes.
More about corporate taxes
A range of sales tax exemptions that reduce start up costs and operating costs.
More about sales tax
Property tax incentives that can be tailored to meet your company’s needs.
More about property taxes
Special state discretionary incentives may be used to meet specific needs.
More on state discretionary incentives
Industry Incentive Guides
Business Incentives
Successful businesses require growth and value. South Carolina offers an array of grants and incentives to help businesses make smart business investments.
Download Business IncentivesManufacturing Incentives
South Carolina supports new and expanding industry with exemptions to the state and local sales tax, including machinery used in the production of tangible goods.
Download Manufacturing IncentivesService Incentives
Service-oriented businesses like datacenters may be exempt from some taxes when meeting certain investment and job creation requirements.
Download Service Incentives