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Along with an influx of retirees to our area, there has also been a steady stream of outside investors and entrepreneurs moving to our county. Brunswick County currently has four industrial parks located throughout the county. Most of the business growth has come from small and medium-sized companies. Companies are relocating to the county for many of the same reasons the people are coming—quality of life, weather and a low tax rate. North Carolina/Brunswick County combined sales tax: 7% North Carolina Highway use tax: 3% minimum of $40, maximum of $1,000 North Carolina Corporate Income Tax: 6.9% North Carolina Franchise Tax: Levied on NC corporations annually, $35 minimum. Rate: $1.50 per $1,000. For more information on state and local taxes visit the Department of Revenue website at www.dor.state.nc.us and the Brunswick County website at www.brunsco.net. Corporate Tax Credits North Carolina allows tax credits for a variety of corporate activities. Following is a brief listing of some of the tax credits available. For more information and a complete listing visit the NC Department of Revenue website at www.dor.state.nc.us. Tax credits available for: · New and expanding businesses · Business and energy · Recycling facilities · Historic rehabilitation · Low-income housing · Handicapped dwellings · Use of NC Ports Many steps are involved with the transfer to or start-up of a business in Brunswick County. There are many sources available to guide entrepreneurs on their first steps. You can contact the following county and state agencies for valuable business assistance and information: Brunswick County Economic Development Commission (910) 253-4429 or www.brunsco.net Brunswick County Central Permitting (910) 253-2055 or (800) 621-0609 North Carolina Department of Commerce (866) 259-9846 or www.nccommerce.com Brunswick County Chamber of Commerce (910) 754-6644 or (800) 426-6644 and www.brunswickcountychamber.org |
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Copyright 2002 by Brunswick County Chamber of Commerce. All rights reserved.