Louisiana Economic Development
Below is a list of the most popular state incentives that your business may be able to take advantage of. For additional information on any of these incentives, please contact STEDF at (985) 809-7874. Information on available incentives can also be obtained from Louisiana Economic Development.
Angel Investor Tax Credit
Up to a 35 percent tax credit for individual investors who invest in early stage, wealth-creating businesses that seek start-up and expansion capital.
Competitive Projects Payroll Incentive Program
The Competitive Projects Payroll Incentive Program provides an incentive rebate of up to 15 percent of a participating company's new payroll for up to 10 years.
Digital Interactive Media & Software Development Incentive
Provides a 35 percent tax credit for in-state labor, coupled with a 25 percent credit for eligible production expenses.
A $2,500 tax credit for each certified net, new job created and either a 4 percent sales/use tax rebate on capital expenses or 1.5 percent refund on capital investment.
Industrial Tax Exemption
100 percent property tax abatement for up to 10 years on a manufacturer's new investment and annual capitalized additions.
The nation's No. 1 workforce training program, FastStart creates customized employee recruiting, screening and training solutions — at no cost to eligible companies
Motion Picture Industry Development Tax Credit
A 30 percent transferable tax credit for qualified motion picture production expenditures and an additional 5 percent payroll tax credit for in-state labor.
Musical & Theatrical Production Tax Incentive
A robust 25 to 35 percent tax credit on qualified production or infrastructure development expenses with additional tax credits available for payroll and transportation.
Up to 6 percent rebate on annual payroll expenses for up to 10 years and either a 4 percent sales/use tax rebate on capital expenses or a 1.5 percent investment tax credit for qualifying expenses.
Research & Development Tax Credit
A tax credit up to 40 percent to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state.
Restoration Tax Abatement
A five-year 100 percent property tax abatement for the rehabilitation of an existing structure.
Sound Recording Investor Tax Credit
A 25 percent refundable tax credit for qualified production expenditures on state-certified sound recording projects.
Technology Commercialization Credit & 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.