The Arvin Enterprise Zone is a geographical area designated by the State as being eligible for State Income Tax credits and other financial incentives. These benefits are only available to companies within the Zone and are offered to encourage business growth and job creation. This innovative partnership between State, local government and private business is very successful, saving millions each year for businesses within the Zone’s boundaries.
What are the major INCENTIVES?
  1. State Income Tax credit of over $37,000 to the employer for each qualified employee.
  2. State Income Tax credits for Sales or Use Taxes on up to $20 million in purchases of qualified new equipment each year.
  3. Lender interest income deductions for loans made to Zone businesses.
  4. Preference Points on bids for State contracts. The Arvin Enterprise Zone can provide information on: EMPLOYER HIRING CREDIT, SALES AND USE TAX CREDIT, BUSINESS EXPENSE DEDUCTION NET OPERATING LOSS CARRYOVER, NET INTEREST FOR LENDERS
If you need answers to specific questions regarding your companies eligibility, please feel free to contact us.