Attraction

Charleston Harbor & Fort SumterCharleston Harbor & Fort Sumter

While Charleston frequently receives recognition as a top national and global visitor destination in the world, it has developed a reputation as a burgeoning tech and creative hub, largely driven by the twenty and thirty somethings who place a premium on place and livability.

At the Charleston Digital Corridor, our recipe is simple – take one of the best business climates in the country, leverage all relevant resources and then, layer on a set of targeted, value-oriented services to help tech businesses thrive. Charleston, first settled in the late 1600s, is experiencing a twenty-first century renaissance. Spend a weekend here and you will be hooked. 

Need assistance? Contact Executive Director Ernest Andrade, your personal "Business Concierge."

South Carolina has a reputation as a superior business location largely due to an exceptional economic climate that helps companies hold down operating costs and increase return on investment. 

Notable highlights include:

  • 5% corporate income tax
  • 7% maximum personal income tax
  • No state property tax
  • No local income tax
  • Tax credits for Research & Development
  • No unitary tax on worldwide profits
  • Tax credits for new jobs
  • Tax credits for corporate headquarters facilities
  • No inventory or intangibles tax

In addition to business incentives by the State of South Carolina, the Charleston Digital Corridor provides tech and tech-related companies a host of high value services that stay with the company throughout the different stages of growth. 

Notable highlights include:

  • Reduced Business License Fees
  • Five Year Tax Abatement
  • Streamlined Permitting
  • Assistance with Infrastructure Providers
  • Access to Digital Corridor's services