Site Selection Assistance
Opening, expanding or relocating a business in a world-class destination is an exciting but complex undertaking. The Industry Initiatives Team helps businesses navigate through this process. Serving as the primary point of contact for the City, the Industry Initiatives Team works closely with business clients in identifying assistance programs and eligible incentives.
The City of San Francisco provides a payroll tax exemption for up to 10 years to clean technology companies located in the City. Any business that employs between 10 and 99 employees is eligible for the payroll tax exemption.
San Francisco’s Mission Bay community is at the center of the biotechnology revolution. To support the expansion of this flourishing industry and the creation of new jobs, the City of San Francisco offers a payroll tax exemption for up to 7.5 years to San Francisco-based businesses engaged in biotechnology pursuits.
The local San Francisco EZ program enables businesses located in targeted locations of the City to reduce their payroll tax expenses for qualified employees.
The State of California EZ program helps businesses reduce their state income tax liability through hiring tax credits, business expense deductions, accelerated depreciation, and a 15-year carry-over of up to 100% of net operating losses. Eligible businesses must be located in designated Enterprise Zone areas.
San Francisco businesses are eligible to receive wage credits, tax deductions, capital gains exclusions and bond financing to stimulate economic development and job growth in locally designated Federal Renewal Community zones.
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