DeKalb County Profile
Prosperity Through Partnership
DeKalb County was formed in 1822 and named after Baron Johann DeKalb, who was a general with the Continental Army during the Revolutionary War. According to 2008 Census estimates, it is the third most populous county in Georgia as well as the third most populous in the 10-county Atlanta region. At 268 square miles, DeKalb ranks 113th (out of 159) in the state in area and sixth in the 10-county region. Given its relatively small size, DeKalb is the most densely-populated county in the state.
The DeKalb Chamber working collaboratively with its partners the DeKalb County Office of Economic Development and the Development Authority of DeKalb County is dedicated to job creation. The Chamber seeks to bring prosperity to DeKalb County through stimulating new investment, expanding existing industry, and developing sustainable economic strategies for balanced growth in every DeKalb community. The DeKalb Office of Economic Development markets DeKalb to the world through its database of investment opportunities and commercial and industrial properties.
DeKalb County contains nearly a fifth of the businesses located in Metro Atlanta’s 20 counties. Approximately 25,000 businesses are licensed in this county, employing more than 360,000 people. DeKalb’s diverse industry base includes strong presence in manufacturing, retail, construction, trade, finance, engineering, and management. More than half of the FORTUNE 500 companies with a presence in Atlanta have operations in DeKalb.
The county is also home to more than 150 international facilities, or more that 15 percent of the metro Atlanta total.
Businesses have good reasons to come to DeKalb. The State of Georgia and DeKalb County offer a variety of tax exemptions and expansion incentives to new business and industry. Those credits are listed below and can be details can be found at http://georgia.org/competitive-advantages/tax-credits/Pages/default.aspx.
The Job Tax Credit
Businesses in seven strategic industries can earn as much as $4,000 in annual tax savings for each new job created, for up to five years. The exact value of the job credits depends on two factors – how many jobs are created, and where.
Quality Jobs Tax Credit
Companies that create at least 50 jobs in a 12-month period - at wages that are at least 10 percent higher than the county average - qualify for a tax credit of $2,500 to $5,000 per job.
Port Tax Credit Bonus
Georgia companies that increase imports or exports through a Georgia port by at least 10 percent can qualify for a bonus tax credit. Two options are offered: an addition of $1,250 to the job tax credit or an adjustment in the investment tax credit.
Work Opportunity Tax Credit
Georgia’s Department of Labor administers a federal tax credit to Georgia companies that hire individuals who have faced barriers to employment. The tax credit ranges from $1,200 to $9,000 per hire.
Mega Project Tax Credit
Businesses that employ at least 1,800 “net new” employees and have either a minimum annual payroll of $150 million or make a minimum $450 million investment in Georgia qualify for the mega project tax credit.
Investment Tax Credit
Companies in manufacturing or telecommunications support that have operated in Georgia for at least three years are eligible to earn investment tax credits for upgrades or expansions. Credit earned amounts to 1 percent to 8 percent of qualified capital investments of $50,000 or more.