![]() |
|
![]() |
|
|
|
|||
|
|
|
TECHNOLOGY IN PASADENA Incentives in Pasadena for Research Companies
Home to an incredible mix of public and private research interests, Pasadena has emerged as one of California's most innovative technology areas. In recent years, the City of Pasadena has increased efforts to encourage the growth of local technology companies. Part of this effort has included coordination with the state and changes in local polices that can result in savings to both entrepreneurs and those who build flexible research and development space. Citywide incentives include priority plan check review and fee reductions (Construction Tax waiver) for research and development improvement projects. Significant State tax incentives and local fee incentives apply to our Enterprise Zone that includes all of Pasadena's industrial-manufacturing property. Incentives include: Waiver of City Building Permit Fees
State Sales and Use Tax Credits
Waiver of City Plan Check Fees
State Business Expense Deductions
Waiver of the City Construction tax
Priority Building Plan Check Process
Net Operating Loss Carryover
City Business License waiver
Net Interest Deductions
Hiring Tax Credits
Zoning Flexibility for rooftop equipment Eligible Technology Businesses must match Pasadena's Research and Development Land Use Definition:
|
|