Incentives

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Opportunity Zone

The Opportunity Zone was approached as a method to attract businesses by promoting job tax credits up to $3,500.00 per full-time job created until 2019. As a part of the Opportunity Zone Tax Credits, businesses participating in the program may claim excess credit against their annual withholding taxes. To assist in the location of the Union City Opportunity Zone, please download the Opportunity Zone Designation Map.

Foreign Trade Zone

As a federally designated site, the Georgia Foreign Trade Zone (GFTZ) was created to help businesses remain competitive, reduce processing fees and enhance the movement of goods in a global marketplace. Participation in the FTZ opportunity allows companies to decrease customs costs, by lowering, averting or deferring duties on products assembled, distributed, or exported from the United States.

Tax Allocation District

The Union City Tax Allocation District (TAD) is a proposed 600-acre mixed-use development plan that gears highly on redevelopment and local infrastructure improvements. The proposed Union City Town Center surrounds Union Station Mall, a portion of the SR-138 corridor, and Royal South Parkway. With the district’s parallel position and access to I-85, it is a strong candidate for major business and industrial investments.

Business License Fee Maximum ($35,025.00 max)

Each type of business is assigned to a profit class based on the profitability ratio for that business category. The maximum annual business license fee is thirty-five thousand dollars ($35,000.00) with an additional twenty-five dollar ($25.00) processing fee. Please visit our Business License Department to learn more.

100% Freeport Tax Exemption

The governing authority of any county or municipality may elect, with the approval of the voters, to exempt certain goods typically stored in distribution warehouses from payment of personal property tax. In November of 2005 electors of the City of Union City approved a referendum to allow 100% of certain tangible personal property be exempt from ad valorem property tax. The Freeport tax exemption was to be granted on January 1, 2006. To learn more, please click here.