As a business-friendly state, Arkansas offers a range of competitive incentives for businesses looking to open, expand or relocate. From cash rebates to community grants, Arkansas business incentives encourage job creation and investment.
Arkansas offers several types of job creation incentives, including income tax credits, cash rebates, and infrastructure grants.
Arkansas offers a variety of tax exemptions and reductions. These include exemptions for purchasing equipment, providing childcare and tuition reimbursement, and rehabilitating properties.
Arkansas can provide specific incentives for industries that meet expenditure requirements, including the film and motion picture industry.
Arkansas’s Research & Development incentive programs are intended to provide incentives for university-based research, in-house research, and research & development in start-up, technology-based enterprises.
The Community Development Block Grant (CDBG) program benefits low- and moderate-income persons and addresses other urgent community development needs.