Louisiana Business Incentives.

Your Competitive Advantage Starts Here.
Expanding? Relocating? Starting up? Louisiana's tax credits and incentive programs can give your company a competitive edge.

LED FastStart^®

The nation's No. 1 workforce training program, FastStart creates customized employee recruiting, screening and training solutions — at no cost to eligible companies.

ANGEL INVESTOR TAX CREDIT

Up to a 25 percent tax credit for individual investors who invest in early stage, wealth-creating businesses that seek start-up and expansion capital.

Entertainment Job Creation Program

A 15 percent or 20 percent tax credit on annual wages to qualified entertainment companies (QEC) that create a minimum of five well-paid net new jobs for Louisiana residents.

Federal Opportunity Zones

Provides a federal tax incentive for investors to re-invest their capital gains into Opportunity Funds.

INDUSTRIAL TAX EXEMPTION

Property tax abatement for up to 10 years on a manufacturer's new investment and annual capitalized additions.

Live Performance Production Program

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

MOTION PICTURE Production Program

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

Music Job Creation Program

A 10 percent or 15 percent 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.

QUALITY JOBS

Up to a 6 percent rebate on annual payroll expenses for up to 10 years and either a state sales/use tax rebate on capital expenses or a 1.5 percent project facility expense rebate for qualifying expenses. *Limited time, expanded eligibility available for COVID-19 impacted retail businesses, hotels and restaurants. Please click on the above link and reference the eligibility section for details.

RESEARCH AND DEVELOPMENT TAX CREDIT

A tax credit up to 30 percent to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state.

RESTORATION TAX ABATEMENT

A 100 percent property tax abatement for up to 10 years for the rehabilitation of an existing structure.

SOUND RECORDING PROGRAM

A production credit of 18 percent for eligible production expenditures.

LOUISIANA INNOVATION RETENTION GRANT PROGRAM

Provides supplementary state support for research-focused Louisiana small businesses that have previously received a federal Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) grant.