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INCENTIVE DESCRIPTION
| State: | RI |
| Incentive Type: | Special Purpose Zone Incentives and Credits |
| Incentive Title: | Enterprise Zone Credits |
| Description: | RI Enterprise Zone Tax Credit: Income tax credit equal to 50% of annual wages paid to new employees up to $2,500 per employee. If new employee resides in EZ the credit is 75% up to a maximum credit of $5,000 per employee. |
| Eligibility Requirements: | Must be located in EZ and grow employment base by 5%. |
| Geographic Restrictions: | Enterprise Zones |
| Granting Authority: | Rhode Island Economic Development Corporation |
| The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com |
Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives. |
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