The Antelope Valley Enterprise Zone is a special tax incentive area located within the cities of Palmdale and Lancaster and northerly portions of Los Angeles County. The Zone, established by the State of California, strengthens the region's local economy. Businesses that locate within the Zone can participate in programs that offer significant tax advantages including:
State
Hiring Credits
State Sales and Use Tax Credits
Business Expense Deductions
Together, these benefits can add up to thousands, even millions of dollars in savings on your state tax bill. Even if your firm is not yet profitable, your savings can be banked thanks to the Zone's Net Operating Loss Carryover (NOLC) provisions.
The Zone offers lenders investing in Zone companies a net interest deduction that can lead to lower loan costs or better terms for Zone businesses.
Also, local
administrators of the Zone offer special assistance to businesses including:
Site
Location Services
One-Stop Career Center
Fast-Track Approvals
Financial Assistance
For additional details, just click on any topic.
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