A business climate built for what’s next
South Carolina gives businesses the workforce, infrastructure and competitive advantages to launch, grow and build something that lasts. From emerging companies to global industry leaders, businesses are finding opportunities to move forward here with confidence. You can build a business anywhere. We’d love for you to be part of what we’re building in South Carolina.
The numbers behind South Carolina’s momentum
Economic momentum with staying power
South Carolina’s investments in infrastructure, innovation and talent are fueling the economy. The results speak for themselves. Personal income growth is the fastest in the Southeast, while year-over-year real GDP growth continues to outpace the national average. Companies benefit from a collaborative business environment and a culture of innovation that continues to attract investment from around the world.
From emerging companies to global industry leaders, businesses are building their futures in South Carolina.
Economic data dashboard
Explore current data on South Carolina’s economy, workforce, population and industry growth.
South Carolina’s tax & cost advantages
A competitive business climate starts with manageable operating costs. South Carolina’s tax structure, performance-based incentives and workforce development programs help companies invest, create jobs and compete for the long term.
Eligible businesses may benefit from Job Development Credits, Job Retraining Credits, negotiated fee-in-lieu-of-property-tax agreements and workforce development programs offered through readySC™ and Apprenticeship Carolina™.
Some of SC's business advantages include:
- No state property tax
- No sales tax on manufacturing equipment
- No local income tax
- No inventory tax
- No wholesale tax
- No unitary tax on profits worldwide
See more advantages South Carolina has to offer
Download the SC Advantage guide.
Love where you work
Building a successful company matters. So does creating a place where employees and their families want to live. In South Carolina, you’ll find both.
There’s something special about living and working where the rest of the world vacations. From vibrant cities and welcoming communities to outdoor recreation stretching from the mountains to the coast, South Carolina offers an exceptional quality of life. It’s one of the many reasons people continue choosing our state as a place to build their futures.
South Carolina Landing Pad Program
Whether your business is entering the US market or establishing a presence in the state, the Landing Pad Program provides a single point of contact to help you navigate resources and opportunities with confidence.
Designed for growth-phase companies ready to establish a presence.
This program provides temporary support, targeted resources and strategic connections to help your business validate the market, navigate the business environment and scale with confidence.
Through the Landing Pad Program, companies can access:
- Lab, office or production space
- Higher education partnerships
- Funding opportunities
- Regulatory navigation
Find out how Sonoco, a local company founded 125 years ago, has grown and expanded to become one of South Carolina’s largest publicly traded businesses.
From opening its state-of-the-art sterile “blow-fill-seal” facility to more recent expansion, understand how Ritedose has partnered with SC to become a leading player in the state’s life sciences.
Understand why benefits like readySC™ industry-specific training programs, a robust manufacturing workforce and a probusiness economy keep global powerhouse Schneider Electric investing in SC.
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