South Carolina helps relocating or expanding companies strengthen their bottom line by considerably lowering their costs of operation via performance-based tax incentives. These incentives reward companies for job creation and investment, making South Carolina a formidable competitor in the global economic market.
At the local level, Pickens County offers performance-based incentives based on several factors, including the number of jobs a company creates and the amount of capital a company invests in land, building, and capital equipment.
There are several examples of potential local incentives:
- Partial abatement of property taxes
- Negotiated Fee-in-Lieu of Property Tax (FILOT)
- Land costs
- Infrastructure development cost relief
- Employee training
- Expedited permitting
Recruitment and Training
Copanies that choose to relocate to SC, or expand their existing operations in the state can utilize the number one ranked training program in America. A critical part of the statewide technical college system, The Center for Accelerated Technology Training's readySC program is the state’s unique and successful training resource where workers are trained to companies’ specifications—at little or no cost.