Resources and Incentives
Resources and Incentives

From networking to financing, there are many business resources and financial incentives to help you start and grow your business. Explore what’s available.

Results (13)

City of Los Angeles Creative Artist Business Tax Exemption
The City of Los Angeles Creative Artist Exemption exempts artists and businesses working in the entertainment industry that earn less than $300,000 a year from city business taxes. In order to qualify for any business tax exemptions, the business will need to register and file their tax returns with the City of Los Angeles' Office of Finance before the annual deadline.
Foreign Trade Zone 202
The U.S. Customs and Border Protection Foreign Trade Zone (FTZ) program allows U.S.-based companies to defer, reduce or even eliminate Customs duties on products admitted within more than 40 Trade Zones in the Port of Los Angeles. Under this program, certain types of merchandise can be imported without going through formal Customs entry procedures or paying import duties until the products are transferred from the FTZ sites for U.S. consumption. If merchandise never enters the U.S. commerce or is re-exported to other countries, then no duties are paid on those items.
City of Los Angeles Business Tax Subsidy for Internet-Based Businesses
The City of Los Angeles offers a reduced tax rate of $1.01 for every $1,000 in gross receipts for internet-based businesses.
State of California Research and Development Tax Credit
The State of California Research and Development Tax Credit allows companies to receive a 15% tax credit for qualified in-house research expenses made in California. To qualify, a taxpayer’s research must be conducted within California and include basic or applied research of scientific inquiry, original investigation for the advancement of scientific or engineering knowledge or improved function of a business component.
City of Los Angeles Small Business Tax Exemption
The Small Business Tax Exemption exempts businesses with gross receipts under $100,000 from paying City of Los Angeles business taxes. In order to qualify for any business tax exemptions, the business will need to register and file their tax returns with the City of Los Angeles' Office of Finance before the annual deadline.
California Competes Tax Credit
The California Competes Tax Credit is an income tax credit available to businesses that are locating to or growing their business in California. Tax credits are based on a number of factors including the number of jobs directly created/retained; the wages paid to employees; and the amount of investment made in California. Tax credit agreements are negotiated by the Governor’s Office of Business and Economic Development (GO-Biz) and approved by the California Competes Tax Credit Committee.
Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available for employers to hire qualified individuals, including veterans, who have faced extreme barriers seeking employment. The State of California Employment Development Department is the WOTC certifying agency for California employers.
Port Industry Technology Advancement Program
The Technology Advancement Program provides funding, guidance, and staff support to test emission reduction technologies for the port industry.
Industrial Development Authority Tax Exempt Bond Program
The Industrial Development Authority (IDA) issues tax-exempt bonds that provide a low-cost financing option for the manufacturing industry to acquire and develop properties and equipment. The bond sizes range between $2 to $10 million.
City of Los Angeles Taxpayer Advocate Program
The City's Office of Finance Taxpayer Advocate Program will work with you to research and resolve complex tax problems with the your city business taxes.

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