Empire Zones
Please click here for the latest news regarding
New York State’s Empire Zone program.
Summary
New York State’s Empire Zone program was created
to stimulate economic growth through a variety of
State tax incentives designed to attract new
businesses to New York State and to enable existing
businesses to expand and create more jobs.
Today, there are over 9,800 certified businesses
employing more than 380,000 people in
82 Empire
Zones statewide. A map of the 82
zone locations may be found by reviewing the Empire
Zones “NYS Zone Map” section of Empire State
Development’s website. Legislation
authorizing designation of an empire zone in every
county will result in 85 zones statewide before
the end of 2007.
Eligibility & Certification
To participate in the Empire Zones Program, a
business must first be located in an empire zone, or
qualify as a regionally significant project, and
become zone certified. To qualify for certification,
a business must be able to demonstrate that it will
create new jobs and/or make investments in the
empire zone and be consistent with the local zone’s
development plan, including a cost-benefit analysis.
Applications approved by local zone officials are
then forwarded to the State for review and approval
by the Departments of Economic Development (Empire
State Development) and Labor. Contact your local
zone coordinator to discuss whether your
business qualifies for zone certification. Once a
business is certified it is eligible to claim tax
credits, subject to requirements and performance
based formulas set in Tax Law. You may download an
application for submittal to your local zone
coordinator from our website by clicking
here.
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