Richmond County Incentive Summary

Richmond County offers a generous local incentive program.  The County will return up to 85% of property taxes due over a five-year period.  The percentage reimbursed is based on taxable capital investment and other guidelines as listed below. This program shall be available to manufacturing and warehouse/distribution companies only.

 Also available are Land Grants, Site Prep Grants, Road and Infrastructure Extension

Guidelines:

  1. Total financial investment
  2. Number of jobs created
  3. Payroll
  4. Potential for future expansion and increased employment
  5. County and local investment required

 Level              Investment Threshold          Percentage

I                      $ 1 million                               50%

II                     $ 5 million                               60%

III                    $ 20 million                             70%

IV                    $ 50 million                             85%