The State of Kansas provides a number of incentives for relocating or expanding businesses:
- Training grants for workforce development
- Property tax abatements
- Sales tax exemptions
- No inventory tax
- Machinery and equipment property tax exemption
- No Kansas franchise tax
- Tax credits for research and investment in training
- Machinery and equipment expensing deduction
- Promoting Employment Across Kansas (PEAK)
- CID/IRB/TIF financing
For more detailed information on the advantages Kansas offers, follow the pdf link: Business Incentives Document_website.pdf
The City of Hays offers local incentives to qualified business, based on job creation and capital investment:
- Tax abatements
- Community Improvement Districts (CID)
- Tax Increment Financing (TIF)
- Others determined on a case-by-case basis
Contact Grow Hays for more information.