Incentives & Tax Abatements

Georgia has fostered a stable, business-friendly financial and regulatory environment on which businesses can rely.

Glynn County Incentives and Tax Abatements

Glynn County recognizes the benefits that a new or expanding company can offer to our region. We have local incentives for companies in our targeted industries:
Aerospace, Manufacturing, and Logistics.

In addition to the competitive local incentives, there may be other financial tools available to your business such as participation in our competitive land pricing, or Foreign Trade Zone. Our incentives and grants are based on the project’s capital investment,¬† job creation, and wages. Projects outside of our target industries may be considered for our local incentives if the capital investment, job creation, or wages significantly impact the County. All incentives and grants are subject to approval by the Board of Governors.

Property Tax Abatements

The Authority has the ability to tailor a tax abatement program for your specific project that can offer relief from ad valorem taxation that is weighted to give the most benefit in the beginning years of investment. If you are unfamiliar with the process, you may find this white paper helpful.

New or existing Glynn County Businesses may be eligible for discretionary funds that can be used to assist with the payment of local site
development permit fees or other site improvement expenses.

The Authority owns and operates several of the industrial sites in Glynn County. Qualified projects may be eligible for reduced or no-cost land.

Expedited Permitting

The permitting process in Glynn County is already extremely efficient but we have systems in place to accommodate businesses locating in Glynn County.

Foreign Trade Zone Designation

Foreign Trade Zones are a huge advantage to businesses that import and export goods.  Locating a business within a Foreign Trade Zone allows a company to delay paying duties. Learn more.

Federal Opportunity Zone

The Federal Opportunity Zone Program is a community and economic development tool that drives long-term private investment into low-income communities throughout the country. The program encourages investors with recently realized capital gains to invest in real estate or development projects in exchange for reduced tax obligations. Learn more.

Certified HUBZone

If your small business is located in a designated HUBZone, it may be eligible for set-aside government contracts. Learn more about the SBA’s HUBZone program and certification here.

Revolving Loan Fund

New or existing Glynn County Businesses creating jobs for low-moderate income individuals may be eligible. Funds may be used to purchase machinery/equipment or real estate. Up to $20,000 for each new job created may be awarded, with an award maximum of $100,000 are per eligible project. Click here to learn more.

Share the Future Fund

The Golden Isles Development Authority believes in our local entrepreneurs. The Share the Future Initiative was developed to give local area *business access to capital to help grow and promote their business. The following opportunities for support are available for companies that are incorporated in Glynn County and whose majority of owners live in Glynn County.