Tax Incentives

Guernsey County offers three local tax incentive programs designed to supplement state tax incentives, depending on the location and type of your business.

Community Re-investment Area
The Community Re-investment Area includes the city of Cambridge and portions of Guernsey County.

Rural Enterprise Zone
The Rural Enterprise Zone includes all Guernsey County Townships and the City of Cambridge and the Village of Byesville.

Foreign Trade Zone
The Foreign Trade Zone area includes 130 of the 217-acre D.O. Hall Business Park.

Community Re-investment Area Eligibility

  • Pre-existing Guernsey County Community Re-investment Area

    Guernsey County is one of a few Ohio counties that can continue to offer Community Re-investment Area tax abatements of 100% of applicable real property tax for 15 years (12 years for retail and commercial projects) for qualifying construction. This applies only to the geographical area in the certified Guernsey County Community Re-investment Area as of July 1, 1994.

Types of Construction Eligible

  • Commercial
  • Retail
  • Industrial

Allowable Tax Abatement Categories

  • Structures and Buildings
    NOTE: Land cost excluded

Types of Construction Not Eligible

  • Residential Structures

Investment Criteria

  • Expansion of a business by adding land, building, machinery, equipment (excluding inventory) equal to or exceeding 10% of the market value of the facility.
  • Renovations or alterations of an occupied structure equal to or exceeding 50% of the market value of the structure.
  • Renovation or alterations to occupy a vacant structure equal to or exceeding 20% of the market value of the structure.

Employment Criteria

  • Not applicable

Area Eligible in Guernsey County

  • City of Cambridge and portions of Adams Township, Cambridge, Center, Jackson and Wills.

Foreign Trade Zone

The Foreign Trade Zone area includes 130 of the 217-acre D.O. Hall Business Park.

Global Advantage: Foreign Trade Zone

A Foreign Trade Zone (FTZ) is a tool that companies use to increase their global competitiveness. An FTZ is a site within the U.S. that is legally considered outside of Customs territory so goods may be brought into the site duty-free and without formal Customs entry. Once merchandise has moved into an FTZ, companies can perform any process, such as repackaging or assembly, to prepare it for distribution within the U.S. or exportation.

By operating in an FTZ, companies have realized significant savings. These benefits translate directly into clear competitive advantage over manufacturing plants located outside the U.S. Specific cost-saving, profit boosting benefits to having operations in an FTZ include:

Duty and Tax Savings

  • Reduced Customs Duties - Reduction of customs duties on foreign components that carry a higher duty rate than the finished article (inverted tariff principle).
  • Duty Avoidance - Merchandise imported into a zone can be re-exported from the zone, completely avoiding duty charges. Goods can also be destroyed without paying duty.

State Incentives

The State of Ohio offers several loan and grant opportunities attractive to business development.  These may be accessed through initial contact with the Community Improvement Corporation or Port Authority.  We will act as your liaison with the Appalachian Partnership for Economic Growth, which is the outreach organization for JobsOhio.  This team will ensure that you are apprised of all incentive and loan programs available at the State level, to include: Job Creation Tax Credits, 166 Direct Loans, and training grants to name a few.  Information regarding these programs is posted on the Ohio Department of Development web site at www.odod.state.oh.us.  State or local application fees may be applicable for some programs.

Fees

A state application fee and a local economic development fee are assessed.

Centria Coil Coatings employs more than 120 persons and has been a stable and reliable industrial asset to Guernsey County for many years.  Centria-coated metals can be found on major structures throughout the United States.

Cambridge’s favorable location on two major interstates was a significant factor in Fed Ex Ground positioning their regional terminal in the D.O. Hall Business Center.

Rural Enterprise Zone

Maximum Tax Exemption Without Affected School Board Approval

  • Up to 15 years
  • Up to 100% in incorporated areas
  • Up to 60% in unincorporated areas
  • Real Property

Types of Construction Eligible

  • Manufacturing
  • Warehousing
  • Research & Development
  • Distribution

Allowable Tax Abatement Categories

  • Structures and Buildings
    NOTE: Land cost excluded

Types of Construction Not Eligible

  • Retail
  • Commercial
  • Residential Structures

Investment Criteria

  • Expansion of a business by adding land, building, machinery, equipment (excluding inventory) equal to or exceeding 10% of the market value of the facility.
  • Renovations or alterations of an occupied structure equal to or exceeding 50% of the market value of the structure.
  • Renovation or alterations to occupy a vacant structure equal to or exceeding 20% of the market value of the structure.

Employment Criteria

  • New businesses create at least five full-time positions
  • Expanding businesses create at least 10% additional new full-time positions
  • All hires are to be permanent full-time positions

Area Eligible in Guernsey County

  • All municipalities and townships