Tax Incentives

Industrial Development Authority
Being located in the City of Santa Clarita allows certain businesses access to tax-exempt private activity bonds to finance capital projects such as acquisition of land, construction, or rehabilitation of facilities, and the purchase of equipment.

Recycling Market Development Zone (RMDZ)
The City of Santa Clarita is one of 36 Recycling Market Development Zones (RMDZ) in California. The zones are designed to encourage the use of recycled materials in product manufacturing, while encouraging reduction of waste from manufacturing. Qualifying businesses are eligible for low interest loans, financial assistance referrals, and waste exchange.

For more information visit GreenSantaClarita.com or to see if your business is eligible to apply, please fill out the Business Intake form. Once you have received confirmation that your company qualifies please complete and submit the RMDZ application.

Use_taxUse Tax Rebate Program
If your business makes purchases that require you to submit use tax, you can take advantage of this program. All you need to do is administer the paperwork to designate the use tax that you already pay to the State of CA, to be distributed to Santa Clarita and you are eligible to have a portion of those funds returned to you. Participation in this program can mean a significant return to your business.

New Employment Tax Credit
On July 11, 2013, the State of California created the California New Employment Credit. It began January 1, 2014, and will be in effect for 7 years through January 1, 2021.

Eligible businesses could generate up to $112,000 in tax credits annually from this program by hiring 10 new qualified employees.

To learn more about the California New Employment Credit including qualified employees visit the website. To determine if your business is located in the Santa Clarita designated geographical area view the map here.

For more information on any of these programs, contact the Economic Development Division at (661) 255-4347.

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