California Competes Tax Credits
Income tax credit available to businesses that want to come to California or stay and grow in California. Unlike the Enterprise Zone program, this program is statewide, removing geographic restrictions. Tax credit agreements will be negotiated by GO-Biz and approved by the "California Competes Tax Credit Committee."
Foreign Trade Zone
Southern California Logistics Airport (SCLA) is home to Foreign Trade Zone (FTZ) #243.
U.S. Customs Port of Entry
U.S. Customs offices are located at Southern California Logistics Airport (SCLA) providing SCLA with a U.S. Customs Port of Entry. This offers SCLA business the opportunity to import or export, manufacture, assemble, store and manipulate eligible merchandise in SCLA’s Foreign Trade Zone without being subject to fees and taxes normally associated with the customs laws of the United States.
Air Quality Standards
Victorville is located in the Mojave Desert Air Quality Management District (MDAQMD), a separate and independent Air Quality Management Control Board. MDAQMD is business-friendly and has a can-do attitude.
Industrial Development Bonds
Low-interest financing through tax-exempt bonds allow manufacturers and processors to finance acquisition and expansion projects at very low interest rates. IDBs issued through the California Infrastructure and Economic Development Bank (CIEDB) offer flexible financing terms and low administrative costs.
For certain projects, the Economic Development Department is able to expedite the entitlement and permitting process.
Partial wage reimbursement during training period. Up to 50% reimbursement of wages paid over a set training period for eligible new hires. Job applicants can be screened and identified as eligible at company's request.
California’s (Partial) Sales And Use Tax Exemption
A partial exemption of sales and use tax on certain manufacturing biotechnology and research and development equipment purchases. The partial exemption applies only to the state sales and use tax rate portion, currently at 4.1875 percent. The exemption does not apply to any local, city, county, or district tax. All manufacturers (NAICS Codes 3111 - 3399, inclusive), Research and Development in Biotechnology and Research and Development in the Physical, Engineering, and Life Sciences (NAICS Codes 541711 and 541712, respectively).
California’s New Employment Hiring Tax Credit (NEC)
The New Employment Credit (NEC) is available for each taxable year beginning on or after January 1, 2014, and before January 1, 2021, to a qualified taxpayer that hires a qualified full-time employee on or after January 1, 2014, and pays or incurs qualified wages attributable to work performed by the qualified full-time employee in a designated census tract or economic development area, and that receives a tentative credit reservation for that qualified full-time employee.
Work Opportunity Tax Credit
Hiring tax credit of up to $2,400 tax credit for each eligible new hire. Certification of eligibility provided at no cost to business.
Customized Training Programs
Training programs customized to the employer's needs may be offset or underwritten. Training and reimbursement may come from a variety of sources.
Film and Television Tax Credit
The California Film and TV Tax Credit Program 2.0 provides $330 million annually to encourage film and television production in California. For more information, visit www.film.ca.gov.
For more information on incentives at the City of Victorville, contact our Economic Development Department at 760.955.5032 or email us at [email protected].
State of California Incentives
For additional business assistance, help with opening a new business, state based incentives or financing, contact the State of California at www.businessportal.ca.gov today.