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The Official Web Site of the State of South Carolina

Business Incentives

Although the cost of operating a business in Lexington County and South Carolina is reasonable compared to its Southeastern counterparts, Lexington and South Carolina offers a variety of competitive and customized incentive programs suited to meet any company’s needs. This combination of a pro-business climate and performance-based incentives can easily aide companies in keeping their operating costs low.

Lexington County and South Carolina's incentives are investments in our collective future. We are willing to invest in companies who are willing to invest in us.

Lexington and South Carolina are proud to offer:

  • No state property tax
  • No local income tax
  • No inventory tax
  • No sales tax on manufacturing machinery, industrial power or materials for finished products
  • No wholesale tax
  • No unitary tax on worldwide profits
  • Favorable corporate income tax structure


Corporate Income Tax & Incentives

Discretionary Incentives


Local Property Taxes & Incentives

Sales & Use Tax & Incentives

S.C. Department of Revenue Incentives Overview