Business Incentives | Louisiana Economic Development

Industrial Tax Exemption

Provides 80% property tax abatement for up to 10 years on new manufacturing investments.

Incentives Management System (Fastlane)

FastLane offers a secure online interface for companies seeking, applying for and managing state-approved incentives through LED.

LED FastStart

LED FastStart provides customized employee recruitment, screening, training development and training delivery for eligible new or expanding companies.

Quality Jobs

The Louisiana Quality Jobs incentive offers a cash rebate to eligible companies that create well-paid jobs and promote economic development.

Enterprise Zone

Louisiana’s Enterprise Zone is a jobs incentive program providing Louisiana income and franchise tax credits to qualified businesses that create new jobs.

Digital Interactive Media and Software Program

Up to a 25% tax credit on qualified payroll for in-state labor coupled with a 18% tax credit on qualified production expenditures.

Research and Development Tax Credit

The Research & Development Tax Credit encourages Louisiana businesses to establish or expand research and development activities within the state.

Angel Investor Tax Credit

Receive up to a 25% tax credit for investments in early stage, wealth-creating businesses that seek start-up and expansion capital.

Louisiana Innovation Retention Program

The Louisiana Innovation Retention Grant Program (IRG) provides supplementary state support for research focused Louisiana STEM small businesses.

Federal Opportunity Zones

Louisiana has 150 designated Opportunity Zones created in order to drive investments to low-income areas via federal tax incentives for long-term growth.

Restoration Tax Abatement

Receive up to a five-year, 100% property tax abatement for the rehabilitation of an existing structure located within economic development districts.

Motion Picture Production Program

Up to a 40 percent tax credit on eligible in-state production expenditures, including resident and non-resident labor.

Live Performance Production Program

Up to 25 percent tax credit for musical and theatrical productions, refundable or transferable on a one-time basis.

Entertainment Job Creation Program

The Entertainment Job Creation Program provides a tax credit on annual W2 wages to select entertainment companies creating well-paid jobs for LA residents.

Music Job Creation Program

A 10% or 15% credit on annual wages to qualified music industry-related companies (QMC) that create a minimum of three well-paid net new jobs for Louisiana residents.

Sound Recording Program

A production credit of 18 percent for eligible production expenditures.

Explore Small Business Programs

Louisiana Business Incentives