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. View the 2022 Arkansas Incentives Tier Map
JOB CREATION INCENTIVES
Arkansas offers several types of job creation incentives, including income tax credits, cash rebates, and infrastructure grants.
Arkansas’ investment incentive, Tax Back, is a sales and use tax refund for the purchase of building materials, machinery, and equipment.
Arkansas offers a variety of tax exemptions and reductions. These include exemptions for purchasing equipment, providing childcare and tuition reimbursement, and rehabilitating properties.
EQUITY INVESTMENT TAX CREDIT
This discretionary incentive is targeted toward new, technology-based businesses paying wages in excess of the state or county average wage.
Arkansas can provide specific incentives for industries that meet expenditure requirements, including the film and motion picture industry.
RESEARCH & DEVELOPMENT INCENTIVES
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.
COMMUNITY DEVELOPMENT BLOCK GRANT
The Community Development Block Grant (CDBG) program benefits low- and moderate-income persons and addresses other urgent community development needs.
TARGETED BUSINESS INCENTIVES
At the discretion of the AEDC Executive Director, businesses may be offered incentives designed to help knowledge-based, start-up businesses.
AEDC Rule Book
The AEDC Rule Book summarizes the incentive programs available to companies looking to expand or relocate in Arkansas.