State Enterprise Zone (EZ) Tax Credits and Incentives

Applying for the Enterprise Zone is easier than ever with our new web app.

OVERVIEW
The Enterprise Zone program was established in 1984 to stimulate business investment in depressed areas of the State and create job opportunities for Californians. Today, businesses and workers both continue to benefit from the program.

TAX CREDITS AND INCENTIVES

CALIFORNIA STATE EZ PROGRAM

• More than $36,000 over five years in hiring tax credits for each qualified employee hired.  Instructions on how to apply, can be found here (pdf).
• Sales and Use tax credits on purchases of qualified machinery and parts (phone equipment, fax machines, printers, manufacturing equipment, etc.)
• Accelerated expensing of certain depreciable property.
• Up to 100% Net Operating Loss deduction and 15 year carry-forward.
• Application of unused tax credits to future tax years.
• Net Interest deduction for Zone business lenders.

ELIGIBILITY
Businesses must be located within the boundaries of the Enterprise Zone. Find out if your business address qualifies for the state zone effective through May 27, 2007 and/or new state zone EZ tax credits and incentives.

NEED ASSISTANCE?
Contact Margot Reed at (415) 554-6130 or email: Enterprise.Zone@sfgov.org