Incentives
Arlington is a world class business and development location offering everything you’d expect from a dynamic urban locale, including unparalleled access to Washington, D.C., plus benefits available through Arlington County and the Commonwealth of Virginia.
While most jurisdictions narrowly treat benefits in terms of dollar amounts, Arlington takes a more holistic approach when promoting the benefits of doing business here: we speak in terms of incentives. We work closely with our businesses to identify creative ways of adding value to their experience doing business in Arlington. Incentives such as building improvements, customized employee transportation plans, and access to the countless urban amenities which provide a superior work/life balance often exceed the monetary value of more traditional benefit packages.
In addition, benefits for businesses are available through the Commonwealth of Virginia, long-known for its pro-business environment, sound fiscal policy and low corporate tax rates. Arlington, with its forward-thinking government and business expertise has been quick to build a business environment that is ready to capitalize on the opportunities of the new economy, including policies to meet the needs of the high-tech industry.
Major state and local business benefits include (click on each benefit listed below to expand for more detailed information):
State Benefits:
- VA Jobs Investment Program (VJIP)
VJIP encourages the expansion of existing Virginia businesses and the start-up of new business ventures in the Commonwealth by offsetting recruiting and training costs. More information about the program initiatives (the New Jobs Program, the Small Business New Jobs Program, and the Retraining Program) and eligibility requirements are available on the Virginia Department of Business Assistance’s (DBA) Web site. - Telework!VA
Telework!VA can help your company offset the cost of starting up or expanding a telework program. The Commonwealth of Virginia provides hands-on telework support and training to employers in Virginia, as well as up to $50,000 in financial incentives to businesses and nonprofits in Northern Virginia for eligible telework-related expenses. Visit the Telework!VA Web site for more information. - Major Business Facility Job Tax Credit
Qualified companies locating or expanding in Virginia receive a $1,000 corporate income tax credit for each new full-time job created over a threshold number of jobs (50 or 100 jobs, depending on location). This tax incentive program is administered by the Virginia Department of Taxation and can be initiated with Department of Taxation Form 304. - Governor’s Opportunity Fund (GOF)
The GOF provides monetary awards to certain large employers engaged in new-construction economic development projects that create new jobs and investment in the state. Arlington County makes grant requests to the state on behalf of companies. Contact Arlington Economic Development to learn more about GOF eligibility, grant uses, and the application process.
Arlington Benefits:
- An award-winning location
With unparalleled access to all points in the Washington, D.C. area, a creative and highly educated workforce, and premiere hotels and conference facilities, Arlington is home to some of the nation’s fastest growing and most innovative companies. Our vibrant community boasts countless urban amenities and sustainable economic development policies with an eye toward the future. - Technology Zone Incentive
Arlington created two special technology zones (Rosslyn-Ballston and Jefferson Davis corridors) to encourage growth in the County’s high-technology sector. Qualifying high-tech businesses located in these zones are eligible for a reduced business license tax rate. Contact Arlington Economic Development for specific details. - Rehabilitation tax exemption
Arlington provides a ten year tax exemption on the increased assessment of rehabilitated commercial structures under certain circumstances. Contact Arlington Economic Development for specific details. - Workforce training
One of Arlington’s best kept secrets for business owners is the Arlington Employment Center. This Arlington County department can help you find the right employees without paying a fee. Learn more. - Transportation planning assistance
In addition to extensive mass transit options, Arlington offers employer programs to lessen the cost of employee commutes. Arlington Transportation Partners (ATP) offers free services to employers to help analyze transportation needs and serves as a one-point stop of access to all the transportation services in the region. Contact Arlington Economic Development for more information. - Industrial revenue bond financing
Arlington can finance new or expanded facilities for qualified tax-exempt organizations at reduced rates through the tax-exempt Revenue Bond Program. Contact Arlington Economic Development for specific details.
