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With a cost of doing
business that is one of the
lowest in the nation,
businesses looking to expand
in or relocate to
Oregon’s Bay Area have
plenty of reasons to
consider the communities of
Coos Bay, North Bend and Charleston.
Low workers' compensation
rates; a tax structure that
does not include sales or
business and occupation tax;
and inexpensive power rates
mean that business owners
can look forward to
significant savings.
In addition to these
statewide savings, the
Bay Area Enterprise Zone
offers tax incentives to new
businesses including
exemptions on local property
taxes for three years,
assistance with local
permitting processes, and
the elimination of permit
and licensing fees.
Further support for local
businesses includes the
establishment of
Tax
Increment Urban Renewal
Districts, which provide
assistance with the
development and expansion of
infrastructure services
needed to support businesses
throughout Oregon’s Bay
Area.
In addition to the
Enterprise Zone and the
Urban Renewal Districts, the
Port is a designated
Foreign-Trade Zone. The
resulting duty- and
quota-free secure port of
entry is instrumental in
promoting international
trade and provides
substantial savings through
deferred customs duties.
More information about state
and local incentives, taxes
and business assistance
programs can be found by
visiting the following Web
sites:
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