© 2016 Kacey  Martin

enterprise zone

If you are planning to relocate your company, or are already located within the Salisbury/Wicomico Enterprise Zone, you may be eligible for Maryland Enterprise Zone tax credits. A business is eligible if it makes a capital investment in its property (i.e., constructs or renovates a building, or expands an existing facility), or hires two or more new employees in the zone. The two basic benefits involve credits on property taxes and state income taxes. Commercial as well as industrial concerns are eligible. 

 

Download the PDF that explains more fully what this type of zone means in Salisbury.