Your Business Gets a Boost in Chehalis!
There are multiple advantages to setting up shop at the Port of Chehalis. In addition our prime location halfway between Portland and Seattle along the West Coast’s only interstate corridor, our Washington setting means we can offer numerous tax incentives to business enterprises.
Fast Track Permitting
Business Friendly Environment
Job Skills Training through Centralia College
Washington State Tax Facts
No Corporate Sales Tax
No Inventory Tax
No tax on interest, dividends, or capital gains
No Personal Income Tax
No unitary Tax
Washington State Tax Incentive Programs
Rural County B & O Tax Credit
Rural County B & O Tax Credit. A $2,000 or $4,000 credit against the B &O tax is available for each new employment position created by a qualifying manufacturer.
Sales and Use Tax Exemption on Machinery and Equipment
For qualifying manufacturers, processors for hire and manufacturers who perform research and development are not required to pay the sales or use tax on machinery and equipment used directly in the manufacturing or research and development process. Charges for labor and services for installing machinery and equipment are also not subject to the sales or use tax. Major distribution centers, over 200,000 s.f. also qualify for sales and use exemptions. You can find more information here for the Manufacturers’ Sales/Use Tax Exemption
.09 Grant Fund
Funding is available for qualifying public facilities improvements. This is a special program directed by Lewis County. Lewis County can provide public infrastructure improvements through this fund.
An excellent state program to provide loan and grant funding for public improvements needed to serve industry.
Education & Training Grants
Both federal and state programs are available to help in recruitment and training of new workers.
High Technology Sales/Use Tax Deferral
High Technology Sales/Use Tax Deferral. Businesses in the following research and development technology categories may be eligible for a sales/use tax deferral: Advanced computing, Advanced materials, Biotechnology, Electronic device technology, and Environmental technology. This tax deferral is for 7 years.
Industrial Development Revenue Bonds (IDRB’s) are tax-exempt debt obligations issued by public corporations to support manufacturing, processing, and utility type economic development projects. As the issuing agency for these bonds, the Port or Chehalis Industrial Development Corporation (IDC) welcomes your interest in IDRB financing.