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Barstow is located in the California Mojave Desert at the intersection of 2 major freeways; the Interstate 15 and the Interstate 40. The population in the immediate Barstow area is estimated to change from 35,433 to 38,730 resulting in a growth of 9% between the years 2005 and 2010. Barstow is one of the few areas in California that has a designated Enterprise Zone. Any business that is located within the boundaries of the Enterprise Zone is eligible for the numerous benefits of the Enterprise Zone location.
How do I get into the Barstow Enterprise Zone? By relocating in the Enterprise Zone! Buy, lease or build within the boundaries of the Enterprise Zone and your business will receive all the benefits of being in the zone.
What are the benefits of being in the Barstow Enterprise Zone? For starters, how about a Hiring Tax Credit of more than $30,000 per qualified employee during a 5-year period? Your business may be eligible for: - Sales and Use Tax Credits
- Business Expense Deduction for Business Property
- Net Operating Loss Carryover
- Net Interest Deduction for Lenders
- Employee Wage Credit
Both existing businesses, as well as new businesses that move into the Enterprise Zone, may receive the above benefits.
For more information on Barstow Enterprise Zone or regarding properties in the Barstow area, please give us a call at 760-684-8000. |
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