Incentive programs to help your business thrive.
Louisiana offers a wide variety of targeted incentive programs to lessen the tax burden and lower the overall operation costs, helping companies who are locating and doing business in our state to thrive. Combined with the low cost of doing business in the Greater New Orleans area compared to other major cities, these incentives build a solid case for relocating, expanding operations, or starting a business in the area.
Targeted Industries
Film
St. Bernard Parish has a thriving film industry, with major studios like Netflix, Hulu, 20th Century Fox, and Paramount already filming here. We’re also home to spaces like The Ranch Film Studios, which provides the largest sound stages and production space in the Greater New Orleans area.
Music
The New Orleans region is known for its musical influence around the world. We believe it’s a natural progression to attract music-related businesses to the greater New Orleans region. St. Bernard Parish is home to a thriving arts and cultural district and is looking for tenants.
Technology
The New Orleans region has become a preferred location for tech and media-based companies. With huge economic development wins such as DXC Technology and others…it could make sense for your business to move to our region and St. Bernard Parish as well.
Healthcare
St. Bernard has recently welcomed Ochsner Health Systems to manage St. Bernard Parish Hospital. St. Bernard is also home to Nunez Community College, which focuses on career-readiness opportunities for the region, specifically in the medical field.
St. Bernard Parish Government Office of Tourism and Film
504-278-4242
St. Bernard Digital Media & Software Incentive Program
A locally administered incentive program designed to attract and mature the digital media and software industries in The Parish while complementing Louisiana's Digital Media and Software Tax Credit. Each company that locates in St. Bernard and employs 5 people is eligible for up to $75,000 in reimbursements. To learn more, contact SBEDF.
St. Bernard Film Incentive Program
A locally administered incentive program designed to attract and mature the film production companies in The Parish while complementing Louisiana's Motion Picture Investor Tax Credit. Each company that films or produces in St. Bernard is eligible for up to $150,000 in reimbursements. To learn more, contact the St. Bernard Parish Government Office of Tourism and Film.
LED FastStart – No. 1 State Workforce Development Program
FastStart provides customized employee recruitment, screening, training development and training delivery for eligible, new or expanding companies — all at no cost.
Angel Investor Tax Credit
Up to a 25 percent tax credit for individual investors who invest in early stage, wealth-creating businesses that seek start-up and expansion capital.
State Tax Incentive
Digital Interactive Media and Software Program
A 25 percent tax credit for in-state labor, and an 18 percent credit for eligible production expenditures.
State Tax Incentive
Enterprise Zone Tax Credit
Either a $3,500 or $1,000 tax credit for each certified net, new job created and either a state sales/use tax rebate on capital expenses or 1.5 percent investment tax credit for qualifying expenses.
State Tax Incentive
Entertainment Job Creation Program
A 15 percent or 20 percent tax credit on annual wages to qualified entertainment companies (QEC) that create a minimum of five well-paid net new jobs for Louisiana residents.
Federal Opportunity Zones
This new incentive program is designed to drive long-term investments to low-income communities. It provides a federal tax incentive for investors to re-invest their capital gains into Opportunity Funds.
Industrial Tax Exemption
Property tax abatement for up to 10 years on a manufacturer's new investment and annual capitalized additions.
State Tax Incentive
Live Performance Production Program
Up to 25 percent tax credit for musical and theatrical productions, refundable or transferable on a one-time basis.
State Tax Incentive
Motion Picture Production Program
Up to a 40 percent tax credit on eligible in-state production expenditures, including resident and non-resident labor.
State Tax Incentive
Music Job Creation Program
A 10 percent or 15 percent credit on annual wages to qualified music industry-related companies (QMC) that create a minimum of three well-paid net new jobs for Louisiana residents.
State Tax Incentive
On-the-Job Training Wage Reimbursements
On-the-Job Training (OJT) is a great option for any employer experiencing challenges finding qualified applicants for key positions. For hiring qualified individuals, Tri-Parish Works is able to reimburse employers up to 50% of a new hire's wages while they are being trained on the job.
Quality Jobs Tax Credit
Up to 6 percent rebate on annual payroll expenses for up to 10 years and either a state sales/use tax rebate on capital expenses or a 1.5 percent project facility expense rebate for qualifying expenses.
State Tax Incentive
Research and Development Tax Credit
A tax credit up to 30 percent to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state.
State Tax Incentive
Restoration Tax Abatement
A 100 percent property tax abatement for up to 10 years for the rehabilitation of an existing structure.
State Tax Incentive
Sound Recording Program
A production credit of 18 percent for eligible production expenditures.
State Tax Incentive
Technology Commercialization Credit and Jobs Program
A 40 percent refundable tax credit for companies that invest in the commercialization of Louisiana technology and a 6 percent payroll rebate for the creation of new, direct jobs.
State Tax Incentive
Louisiana Basic Skills Training Tax Credit
A $250 tax credit per participating employee in a basic skills course (not to exceed $30,000 total for one business or enterprise in a particular year) may be applied to state income tax or state corporation franchise tax liability for up to three years.
R.S. 47:6009
Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is a benefit available to employers ranging from $1,200 to $9,600 for each new hire from a target population. If you’re planning to hire veterans, persons with disabilities, public assistance recipients and/or ex-offenders, or those who have been long-term unemployed, let us help you learn how to capture this valuable tax credit.
Learn more and more