Research Center
Louisiana Business Profile
Business Climate
The following information on Louisiana incentives and financing is a summary
of programs, and was taken from information provided by the Louisiana
Department of Economic Development.
Louisiana has one of the most comprehensive incentive packages found in the
United States.
Incentives include property tax exemptions, tax credits for new jobs, freeport
laws for goods in transit and enterprise zones. Regarding taxes, Louisiana's
individual income tax is one of the lowest in the nation, while the state's
corporate income tax (which may be partially waived under certain incentive
plans) is based on the net income of domestic and foreign corporations derived
in Louisiana.
Eight Planning and Development Districts cut across political boundaries to
develop bonds between the state's businesses and government. They help
communities with economic expansion, job training and informational services.
Other support services your business may draw on range from technical and
financial assistance to public relations.
A Qualified Recycling Equipment Tax Credit Program is administered by the
Louisiana Department of Environmental Quality (LDEQ). In addition, you may
schedule a pre-permit review meeting with the LDEQ to become better acquainted
with the rules and regulations that apply to your business on a case-by-case
basis.
For further detail, please contact Entergy's Office of Economic Development or
the Louisiana Department of Economic Development.
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