PO Box 156 • Hartwell, GA • 706.856.2452

Incentives

Georgia offers a wealth of tax incentives that draw business from all over.

Additionally, the Hart County IBA is always seeking to support local business with a pro-business mindset and leadership. Through the execution of development and expansion, the IBA has provided a healthy infrastructure for existing and incoming businesses.

Incentives

Hart County is a Tier Three county, allowing for a $1,750 tax credit per new job for five years with a minimum of 15 new jobs created. Georgia's Port Job Tax Credit Bonus is a $1,250 per job bonus for businesses that already qualify for the regular job tax credit and have an increase in shipments into or out of a Georgia Port.

Georgia also offers a retraining tax credit to help mitigate the cost of training employees on new technology.

Companies in manufacturing or telecommunications support that have operated in Georgia for at least three years are eligible to earn investment tax credits for upgrades or expansions. Credit earned amounts to 1 percent to 8 percent of qualified capital investments of $50,000 or more.

See More State Incentives

Taxes

Hart County understands the importance of maintaining a low taxpayer burden and has a proven track record of lowering taxes whenever possible. As a result, Hart County maintains one of the lowest unincorporated ad valorem property tax rates in Georgia.

Georgia’s Single Factor Gross Apportionment formula provides for significant reduction of Georgia income taxes for companies that produce goods or services within the state of Georgia and sell those products or services to customers in other states or countries. Corporate income tax in the state is now at 5.19% of a corporation’s Georgia taxable net income. Dependent on the State reaching annual revenue goals, this tax rate may be further reduced by 0.10% annually beginning January, 2026, until the tax rate reaches 4.99%.

Inventory Tax Exemption (Freeport)

Hart County allows a 100% Freeport tax exemption (ad valorem) for the following classes of inventory:

  • Raw materials and goods in process of manufacture
  • Finished goods produced in Georgia
  • Finished goods destined for shipment out-of-state

Taxable and Tax-Exempt Financing - Industrial Revenue Bond (IRB)

Tax-exempt bond financing may be available for companies seeking to finance the purchase of land, buildings and equipment for eligible manufacturing projects. Rates for tax-exempt bonds are market-based and established on the credit and strength of the individual company and projects. Tax-exempt IRB financing is available up to $10MM on a project, subject to certain federal tax law limitations.

Sales and Use Tax and Exemptions

Hart County and State of Georgia sales tax totals 7%. Georgia law provides a 100% sales and use tax exemption for qualified purchases including:

  • Raw materials
  • Goods intended for resale
  • Qualified machinery used directly in the manufacture of tangible personal property
  • Material handling equipment used in qualified distribution businesses.

Additional Tax Abatement and Bond issuance is subject to per project review in accordance with local approvals.