In Wisconsin

Enterprise Zone Tax Credit

Enterprise Zone Tax Credit

Assisting Business Expansion and Relocation

Wisconsin’s Enterprise Zone Tax Credits are available to assist Wisconsin businesses that have major expansion projects or are relocating major business operations from other states to Wisconsin. Refundable tax credits can be earned through job creation, job retention, capital investment, employee training and supply chain purchases from Wisconsin vendors.

How It Works

Businesses that wish to apply for Enterprise Zone Tax Credits must submit an application for certification to the Wisconsin Economic Development Corporation (WEDC). A business will be required to enter into a contract with WEDC for the tax credits prior to any certification or verification of tax credits by WEDC.

Factors Considered for Determining Enterprise Zone Tax Credits

The following are businesses that are not eligible for Enterprise Zone Tax Credits: payday loan and title loan companies; telemarketing; pawn shops; media outlets such as newspapers and radio, unless the job creation is significant; businesses in the tourism industry, unless the job creation is significant; retail; farms; primary care medical facilities; and financial institutions.

Eligibility Factors

WEDC will evaluate Enterprise Zone Tax Credit applications based on factors including:

  • Whether the project might not occur without the allocation of tax credits
  • The extent to which the project will increase employment in this state
  • The extent to which the project will contribute to the economic growth of this state
  • The financial soundness of the business
  • The extent to which the project will increase geographic diversity of available tax credits throughout this state
  • Any previous financial assistance that the business received from the Department of Commerce or WEDC

For more information about becoming eligible for the Enterprise Zone Tax Credits, contact a WEDC regional economic development director.