Business Expansion Incentive Opportunities
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 Published On Jun 28, 2024

Buffalo Niagara is perfectly suited for your business expansion or relocation consideration because of our low cost of doing business, affordable real estate, and competitive salaries. Incentive programs by state and local governments, and utilities offer a competitive edge, further reducing costs for companies looking to locate here. These incentives include tax benefits:

• No state corporate income tax for manufacturing companies
• No inventory/real personal property tax
• No sales tax on production or R&D equipment
• A credit of 6.85% of wages per new job (7.5% for CHIPS) to cover a portion of the associated payroll cost
• 100% NYS tax-free for 10 years

And more.

The eligibility requirements differ from program to program. Download our incentives guide and contact us for assistance. https://buffaloniagara.org/advantages...

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