540-658-8681 Stafford County Incentive Programs Stafford In Sync When it comes to business attraction and retention, Stafford responds to the rhythms of the regional economy. From tax relief to workforce training, Stafford’s toolkit keeps businesses competitive. The needs of target industries inform offerings, keeping incentives in sync. Tax Advantages Continually ranked as one of America’s top states for doing business by CNBC, Virginia incentivizes investment in its communities. Building upon state incentives, Stafford’s competitive tax advantages include: No BPOL tax/gross receipts Low merchant capital tax on logistics and distribution Low property tax Aggressive property tax depreciation (detailed schedule) Expedited Permitting Timely approvals minimize costs and speed investment. Stafford front loads the permitting process, facilitating pre-development planning with the appropriate agencies. From planning to zoning, Stafford keeps projects on pace. Technology Zone Incentives for New Development or Business Expansion Projects The Stafford County Board of Supervisors established a Technology Zone, incorporating a large portion of Stafford’s primary business areas within the zone boundaries. Under the Technology Zone program, companies that meet qualifying capital investment and job creation requirements may be eligible for expedited review processes, permit fee waivers, and tax relief. Stafford County Opportunity Fund The Opportunity Fund is a discretionary incentive available to secure a business location or expansion project for Stafford County. SBA – HUBZones Stafford County has two Federal HUBZones (Historically Underutilized Business Zone), which encompasses areas near Marine Base Quantico and large tracks of southern Stafford. Benefits include competitive and sole source contracting, and a 10% price evaluation preference in full and open contract competitions, as well as subcontracting opportunities. Virginia Commonwealth State Incentives The Commonwealth offers a variety of discretionary economic development incentive programs. Explore here. Contact Stay in sync with Stafford. Contact Josh Summits, Business Development Officer, for information. Josh Summits Seize the Stafford Advantage. Contact Josh Summits, Business Development Officer, for customized property searches and more. Contact >> More Information Download the PDF Target Industries Learn more about the key industries that thrive in Stafford. Business Environment Learn about the business environment in Stafford. Find Properties Find a property to make your move to Stafford. Get Involved Shake up the business narrative. Explore Stafford today and sign up for our Monthly Newsletter. Sign Up Today Visit 1300 Courthouse Rd Stafford, VA 22554 Call Us 540-658-8681 Email Us econdev@staffordcountyva.gov WHY STAFFORD Why Stafford? Smart Stafford Who is Here Workforce & Training Downtown Stafford Events Submit an Event SITE SELECTION Find Properties Incentives Cost of Doing Business Key Industries Infrastructure Talent DOING BUSINESS Starting a Business Existing Business Entrepreneurship Resources LIVING IN STAFFORD Living Here Tourism and Recreation ABOUT US Meet the Band Economic Development Authority Newsroom Publications Newsletter Signup Contact Us © 2021 Stafford County Economic Development | Created by Rambletype Digital