Incentives for Success
The region is attractive to businesses looking to relocate because of the low cost of doing business here, affordable real estate and competitive salaries. Tax incentives offered by state and local governments and utilities offer a competitive edge, reducing costs for companies looking to relocate to Buffalo Niagara. These incentives include standard tax benefits:
No state corporate income tax for manufacturing companies
No inventory/real personal property tax
No sales tax on production or R&D equipment.
The business incentives included here focus on financial assistance, infrastructure development grants, tax credits and exemptions, customized training, and technical support programs. The eligibility requirements differ from program to program, so please contact us for details and to discuss programs that may be suited to your business project. That way your time can be committed to building great products and finding new customers.
Download Business Incentives Guide