The best way to describe Alabama’s approach to business? Professional hospitality. We welcome companies from all around the globe with business incentives and custom tax packages, a peerless workforce, prime real estate — and a supportive embrace.
Alabama Jobs Act: Investment Credit and Jobs Credit
Alabama’s primary incentives platform can provide projects with an tax credit for qualified capital investment expenses and an annual cash rebate for payroll expenses for job creation. Enhanced incentives are possible for projects in ‘Targeted’ counties.
Workforce Development Services
AIDT, Alabama’s primary workforce development agency, was created in 1971 and remains one of the nation’s most highly regarded job-training agencies. AIDT’s services include pre-employment screening and training.
Alabama can abate the non-educational portion of property taxes for qualifying projects for up to 20 years, as well as the non-educational portion of sales and use taxes on construction materials for qualifying projects.
Income Tax Incentives
Alabama law offers several income tax incentives for new, existing, or expanding businesses in Alabama.
Apprenticeship Tax Credit
Alabama can provide state income tax credit for employers of up to
$1,250 per qualifying apprentice for up to 10 apprentices employed.
Growing Alabama Credit
Program provides a source of funds for site preparation and public infrastructure needs of existing industrial sites and other qualifying activities. Taxpayers making an approved contribution receive an Alabama income tax credit equal to their contribution.
Program aims to stimulate economic growth through new job creation, capital investment and increased cargo shipping.