Southeast Georgia Overview
Southeast Georgia is, at most, only 75 miles south of Savannah, GA and 65 miles north of Jacksonville, FL. The area includes the counties of Brantley, Camden, Charlton, Glynn, McIntosh and Wayne, each boasting a unique set of lifestyle features and business opportunities while sharing regional amenities. Most notably, the region’s location provides convenient access by land, sea or air; regional educational opportunities; and statewide incentives.
Many factors contribute to the growing success of Southeast Georgia. Here you will discover outdoor recreation and beauty that not only inspire our residents but attract countless visitors year-round. Additionally, the superb medical and educational services throughout the region, along with the thriving economic climate and community-minded atmosphere, ensure that our residents enjoy a quality of life that is second to none.
The region’s proximity to commercial airports in Brunswick, Savannah, GA and Jacksonville, FL, the ports of Savannah and Brunswick, interstate access, military bases, and growing local colleges are some of the key drivers of the region’s growing population.
Available resources are another benefit to businesses located to this region. Both surface water and groundwater sources are readily accessible and of high quality. South Georgia’s aquifers are among the most productive in the country, with yields of up to 6,000 gallons per minute.
Electrical power to Coastal Georgia’s communities and electricity distributors is supplied through an integrated transmission network jointly owned by three organizations: Georgia Power Company, and the EMC-owned Georgia Transmission Corporation. Companies establishing new facilities in Georgia benefit from competition among the various power suppliers. Enjoy below national average rates and additional competition.
In addition to an already skilled and able workforce, educational opportunities within the area present an immediate capability to train potential employees for almost any job.
Southeast Georgia has a hard-working, conscientious labor force that exercises a stable, productive work ethic. Occupational profiles in the area demonstrate a balance of employees: administrative and managerial, professional, technical, sales, service, production and transportation.
Georgia is a right-to-work state that guarantees that membership or non-membership in a labor organization cannot be a condition of employment. We are also an employment-at-will state. Employees are terminable at the will of the employer and such termination cannot be grounds for cause of action against the employer. Employers must, of course, comply with all federal laws against discrimination.
Other state programs and services benefit both employers and employees. Due in large part to Georgia’s award-winning Quick Start program, our standards of job training are among the highest nationwide. Quick Start provides flexible, hands-on training that is designed to help new and expanding companies begin operations as quickly as possible.
In addition, the peerless Intellectual Capital Partnership Program (ICAPP) connects the intellectual resources of Georgia’s 35 public colleges and universities to the state’s business community.
Southeast Georgia provides a wide variety of statutory and negotiated incentives to help eligible businesses realize their goals. As active and interested business partners, the Economic Development offices of Brantley, Camden, Charlton, Glynn, McIntosh and Wayne counties will work with your company to provide the most attractive incentive packages, commensurate with project needs and determine resource availability.
Lower taxes and a lower cost of living enable you to do more with the money you make and maintain a higher standard of living. Home prices, energy rates and office space all index below national averages for comparable areas of the country. But the incentives for doing business in Southeast Georgia go far beyond your quality of life. Southeast Georgia’s strategic location, transportation infrastructure, pleasant climate, and logistics network all make this area a compelling business opportunity.
Job tax credits in a Tier 1 or Tier 2 county can be used against 100% of Georgia income tax liability. The excess over 100% is credited to Georgia withholding tax (with a limitation of $3,500 per job) in Tier 1 counties only. Tier 3 & 4 counties are limited to 50% of tax liability in a given year. Unused job tax credits may be carried forward 10 years. For each of the four tiers, there is a certain minimum number of jobs required to claim the job tax credit. The chart below lists benefits and requirements for each tier.
Georgia’s new formula for calculating corporate income tax significantly reduces the effective rate of taxation of Georgia-based manufacturing, sales, and service companies with substantial sales to customers outside Georgia.
Georgia’s 6% corporate income tax rate applies only to the portion of income that is earned in Georgia. Companies operating in Georgia use a "Single Factor Gross Receipts" apportionment formula. This new formula substantially reduces Georgia income tax for companies that are based in the state but deliver a large portion of products or services to customers outside Georgia. Gross Receipts, or sales in Georgia, are the only factor used to determine the amount of a company’s income that is subject to Georgia income tax.
Georgia is the first Southeastern state to adopt single-factor apportionment for state income taxes. In addition, Georgia’s broad definition of what sales qualify as out-of-state means that tax savings in Georgia will likely exceed those of future states to adopt single-factor apportionment.