JOBZ Opportunities Available in Sartell, MN and St. Cloud, MN

The St. Cloud area has 175 acres of approved tax-free zones. 

The city of Sartell, MN has 30 acres of JOBZ available for development and the city of St. Cloud, MN has 145 acres of JOBZ available for redevelopment. 

What is JOBZ?

Job Opportunity Building Zones (JOBZ) is a new and exciting tool to stimulate business activity. Eligible businesses in a JOBZ designated zone operate in an environment nearly free of state and local taxes. These tax incentives will help new and expanding companies lower their overall costs and will help facilitate their growth and prosperity.  

JOBZ Tax Exemptions

• Income Tax for business owners or lessees.
• Sales and Use Taxes on goods and services used in the zone.
• Property Tax (except for land, general obligation bonds, and school operating levies in place prior to zone designation).
• Wind Energy Production Tax.

JOBZ Tax Credit

Job Creation Credit for businesses that pay more than $30,000 annual salary.

WHO IS ELIGIBLE?

To qualify for the JOBZ tax exemptions, a business must start-up in a sub-zone, relocate from outside of a sub-zone or expand into a sub-zone. Companies wishing to participate in the JOBZ program must meet the business assistance goals of the community in which they wish to locate.

For more information, please contact Henry Fischer at (320) 656-3816