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Overview
The City of Greer, Greenville County and Spartanburg County maintain a working partnership to achieve mutual goals in developing business in the area. New and expanding businesses who choose to grow in the Greer area find that the government is eager to partner in their success. Investments made by the public sector are based on anticipated return to the community.
With regards to taxation in South Carolina, the State administers corporate income and sales and use taxes; the County and Municipalities control property taxes. South Carolina incentive legislation provides the ability for both state and local government to incent business and industry when new jobs are created and new investment occurs. Workforce training and special financing incentive programs are also available in South Carolina.
Incentives from both levels of government take one of two forms - statutory or negotiated. Statutory means if requirements are met then one would automatically qualify. Negotiated means that an incentive can be offered at the discretion of the appropriate agency. In general, statutory incentives are fiscal, year-end oriented; negotiated incentives are time-sensitive and usually have a sixty-day window to capture eligible expenditures.
The following information highlights the taxes, incentives, assistance programs and financing programs available in the Greer area. Also included below are links to the SC Historic Rehabilitation Incentive Act Program and the Federal Historic Preservation Tax Incentives. If you have any questions regarding these programs please contact the Greer Development Corporation at (864) 416-0125.
GDC Business Tax Summary GDC Business Assistance Programs Summary
GDC Business Incentives Summary GDC Business Financing Programs Sumary
SC Historic Rehabilitation Incentive Act Program Federal Historic Preservation Tax Incentives
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