Any company that locates within a designated Georgia Opportunity Zone (OZ) and creates & maintains at least two net new qualifying full-time jobs in one year may be eligible for Georgia’s maximum job tax credit. This credit awards $3,500 per job for five years and may be used to offset Georgia corporate income tax liability. Once that is exhausted, the credit may be applied to payroll withholding. Decide DeKalb will work with the Georgia Department of Economic Development to help determine if your company is eligible for this incentive.
This credit can’t be combined with the Quality Jobs Tax Credit.