PLEASE NOTE: Legislative changes were made to the Enterprise Zone Program, including a new pre-certification requirement for Enterprise Zone businesses. Please refer to the fact sheet below for additional information regarding these changes.
Businesses located within the enterprise zone are eligible for State of Colorado income tax credits in the following areas:
- 3% investment tax credit for equipment acquisition
- $500 per employee tax credit for new and expanding business facilities
- Two-year credit of $200 per employee, total $400, for employer sponsored health insurance programs for new and expanding businesses
- Tax credit of 10% for expenditures on job training and school-to-career related programs
- Tax credit of up to 25% of expenditures to rehabilitate vacant buildings 20 years old and vacant for a minimum of 2 years
For additional information on the Arapahoe County Enterprise Zone, call 303-762-2342 or e-mail Community Development.
For additional information on the Colorado Enterprise Zones, contact Colorado Office of Economic Development (outside link)
Last updated date: 7/14/2010 2:19:05 PM