Tax Credits & Incentives

Real Property Job Creation Property Tax Credit

Up to 10 years of tax credits. Minimum of 10 new jobs created in a targeted industry. Wages paid must exceed County's  average annual wages. New or expanding businesses eligible for consideration. Tax credit is applied after jobs are created.

Recordation Tax Credit

Eligible businesses can be considered for full or partial waiver of recordation tax. The business must maintain at least 10 or more new permanent full-time positions or make a capital investment sufficient to yield a substantial increase in annual commercial tax revenue. New, relocating, or expanding businesses eligible for consideration. Creation of jobs paying above County average wages and/or significant capital investment required.

TAX INCENTIVES FOR KEY INDUSTRIES

Tax Credit or PILOT for Energy Generation

This program allows the County to negotiate a tax credit or payment-in-lieu-of taxes for new electric generation facilities.

Manufacturing Equipment Tax Exemption

All manufacturing equipment and inventory are exempt from personal property taxes in Charles County.

Views from Charles

Ignite Entrepreneurship: Tips for Success from the College of Southern Marylandís Entrepreneur and Innovation Institute

Published: Monday, July 17, 2017

In our newest blog series, “Ignite Entrepreneurship,” we profile local entrepreneurs to learn more about what “ignited” their success, and also gain insights about being an entrepreneur in Charles County. For the first blog of this series, we sat down with Thomas Luginbill, director of the College of Southern Maryland’s newly-established Entrepreneur and Innovation Institute (EII).

Find A Property

Contact

Lucretia Freeman-Buster
Chief of Business Development

Charles County EDD
10665 Stanhaven Place

Suite 206

White Plains, MD 20695

Phone: 301-885-1344

BusterL@MeetCharlesCounty.com

“We are proud to be a key part of Charles County’s future and we heartily encourage other, cutting-edge companies to join us.”

Doug Egan
Chief Executive Officer
Competitive Power Ventures

“Charles County’s strategic location in the DC Metro region affords us networking and business opportunities with some of the top names in our industry."

George Nash
Director of Business Development
Facchina