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 Connecting from a Local Broadband Provider

Published: Friday, September 22, 2017

In our latest “Ignite Entrepreneurship” blog, Daniel Thompson, CTO of the newly launched PeakeNet Broadband – a locally owned and operated internet service provider bringing connectivity to rural Maryland communities – shares his insights for other entrepreneurs in Charles County.

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

“Charles County is a great central location for us to have access to all of our customers. We do business with NSWC Carderock, Naval Research Laboratory, NAWCAD Patuxent River, NSWC Dahlgren, and Indian Head Naval Support Facility, to name a few.”

Scott Decker
Director of Operations

Cardinal Scientific

“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 is where we started our company and where we grew and expanded. We now operate our managed print and managed IT solutions in five states and provide custom apps all around the globe. Our headquarters is still in Charles County, an excellent place to conduct business and recruit highly skilled individuals for our ever growing team!"

Joshua Justice
President

Just Tech

 

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

Katharine Tate
 Executive Director of Provider Engagement and Community Relations

Righttime Medical Care

“Charles County is a great place for businesses to start, grow, and thrive! We've worked with over 100 businesses since we opened our doors in Charles County, and I've witnessed the majority of these businesses achieve all three.”

Darlene M. Breck

Owner

Southern Maryland Business Center

“Charles County is a great place to do business because of the passion of the business community and the residents who strive to make it the best that it can be."

Andrew W. Welburn

President

The Welburn Organization