Cost of Doing Business

Ranked Nationally for Success

The Augusta-Richmond County, GA-SC MSA has been ranked #85 in the nation by Forbes Magazine for Cost of Doing Business, and #161 on Forbes’ list of Best Places for Business and Careers.

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The Augusta Region’s Advantages

  • Tier Two Job Tax Credits of $3,000 each year per new job created for five years
  • Low state corporate tax rate – flat 5.75%
  • Low state and local tax burden, below the national average
  • Low-cost utilities
  • Low union representation in manufacturing – only 2.7% state-wide
  • Competitive wage rates
  • Low real estate costs

Incentives & Taxes

Augusta-Richmond County offers competitive incentives to relocating and expanding companies. These incentives are designed to provide companies locating in Augusta-Richmond County a competitive edge by reducing both startup and long-term operating costs. Augusta-Richmond County is a Tier Two county.

Short Term Incentives for locating in Augusta

  • Available land
  • Infrastructure / grading assistance at the Augusta Corporate Park
  • OneGeorgia grants, where applicable
  • Local tax assistance/abatements
  • Enterprise Zone Job Tax Credit Advantages
  • Amendment 65 & 74 tax assistance 
  • QuickStart training for employees at no cost
  • Investment tax credits
  • Retraining, corporate headquarters, R & D, ports & child care tax credits

Long Term Incentives for locating in Augusta

  • Low cost of living
  • Low housing costs
  • Low transportation costs
  • Excellent location, equidistant from the country’s transportation center, Atlanta, and the country’s financial center, Charlotte
  • Well-trained and disciplined work force
  • Low taxes
  • Excellent quality of life