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The Peach State continues to rise the ranks inChief Executive’s Best & Worst States to do Business, moving up from #11 to 2020 to #9 in 2021. Atlanta’s increasing momentum as a fintech hub is fueled by big announcements from companies like Visa, which will add 1,000 jobs in the city. Manufacturing remains another strong sector in the state with companies like Peachtree Corners, Freshly, Danimer Scientific and Hyundai announcing expansions in 2021
Job Tax Credit: Offers a tax credit of between $1,250 and $4,000 per year for five years for every new jobs created.
Port Tax Credit Bonus: Offers a tax credit for companies that increase imports or exports through a Georgia port by 10% for base port traffic amount that equals at leastTEU units.
Quality Jobs Tax Credit: Offers a credit of $2,500 to
$5,000 per new job annually for companies that create 50 jobs that pay at least 10% above the average wage of the county.
R&D Tax Credit: Offers a tax credit for research and development activities, including lab work, prototyping products or processes, or conducting tests on newmanufacturing equipment.
Life Sciences Tax Credit Bonus: Adds to the Jobs Tax Credit for companies that create new jobs to manufacture pharmaceuticals, medicines, and medical suppliers and equipment, broadening the tax credit previously applied to manufacturers of PPE and hand sanitizer.
Georgia Department of Economic Development
Greater Columbus Georgia Chamber of Commerce
Savannah Economic Development Authority
Georgia’s College and Career Academies educate work- force-ready students for the jobs of today and careers of tomorrow. Through the state’s technical college system,Department of Education and the Office of the Governor and Office of the Lieutenant Governor, students have access to training in the area of engineering, bio- medicine,technology, logistics, robotics and many more of the skills needed to compete in the global market.
18 Fortune 500 companies headquartered in state, including: