Incentives
The State of Nevada through the Governor’s Office of Economic Development offers a variety of incentives to help qualifying companies make the decision to do business in the state, including sales tax abatements on capital equipment purchases, sales and use tax deferral on capital equipment purchases, abatements on personal and modified business taxes, real property tax abatements for recycling, assistance with the cost of intellectual property development, and employee training grants.
SALES AND USE TAX ABATEMENT
Sales and use tax abatement on qualified capital equipment purchases, with reductions in the rate to as low as 2%. More information
SALES AND USE TAX DEFERRAL
Deferral of sales and use tax on qualified capital equipment purchases. More information.
MODIFIED BUSINESS TAX ABATEMENT
An abatement of 50 percent of the 1.17% rate on quarterly wages exceeding $62,500. More information
PERSONAL PROPERTY TAX ABATEMENT
An abatement on personal property not to exceed 50% over a maximum of 10 years. More information
REAL PROPERTY TAX ABATEMENT FOR RECYCLING
Up to 50% abatement for up to 10 years on real and personal property for qualified recycling businesses. More information
INTELLECTUAL PROPERTY DEVELOPMENT
Abatements of sales and use tax, modified business tax, and personal property tax for up to 10 years. More information
TRAIN EMPLOYEES NOW (TEN)
Matching grants of up to 75% for training programs for eligible employees. More information
SILVER STATE WORKS EMPLOYEE HIRING INCENTIVE
Employers can receive as much as $2,000 for each state-qualified employee hired. More information
CATALYST FUND
The $10 million fund created by the 2011 Nevada Legislature aids with business relocation and expansion. Please contact your Regional Development Authority for instructions on how to apply. More information
