- Economic Development
Small Business Assistance and Programs
From entrepreneurial startups to small business growth and expansion, Louisiana offers a comprehensive array of educational, managerial and financial programs that cultivate small business opportunities.
Louisiana Tax Credits and Incentive Programs
A look at all the tax credit and incentive programs offered through Louisiana Economic Development
Historic Tax Incentives
If a building is located within a National Register Historic District, is individually listed in the National Register of Historic Places, and/or is located within a Cultural District it may be eligible for historic rehabilitation tax incentives.
Angel Investor Tax Credit
Provides a tax credit of up to 25% for individual investors when they invest in early stage, wealth-creating businesses.
Digital Interactive Media and Software Development Incentive
Provides a 25% tax credit for Louisiana resident labor expenditures and an 18% refundable tax credit on qualified production expenditures.
Enterprise Zone Program
Provides a onetime $3,500 or $1,000 tax credit per certified new job, and either a tax rebate on qualifying expenses or an investment tax credit equal to 1.5% of capital expenditures, excluding tax-exempted items.
Entertainment Job Creation Program
Provides up to 20% tax credit for each new job by approved entertainment companies.
Industrial Tax Exemption
Provides an 80% property tax abatement for up to 10 years on manufacturer's qualifying capital investments.
Research and Development Tax Credit
Provides up to 30% tax credit for Louisiana businesses (based on employment) that conduct research and development activities in Louisiana.
Restoration Tax Abatement
Provides an upto 10-year abatement of property taxes (ad valorem) on renovations and improvements of existing commercial structures and owner-occupied residences located within economic development districts, downtown development districts, historic districts, and opportunity zones.