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The Keystone Opportunity Zone program's guidelines are quite simple. If you start a business in one of our two sites, there are no restrictions. If you move your business from another location, full-time employment
must increase by 20% in the first full year or your business must make a capital investment in the property equivalent to 10% of your gross revenues from the prior year.
One of the challenges of taking advantage of most government programs for business is the paperwork and bureaucracy. But one of the advantages of working with us is that we run interference for you and handle
as much of the paperwork as possible. Of course, if you want to do it yourself, you can get current application guidelines from the DCED Customer Service Center, 4th Floor, Forum Building, Harrisburg, PA
17101, 800-379-7448.
The Keystone Opportunity Zone program established 12 zones throughout the state, each of which is composed of numerous sub-zones. We in Titusville have guaranteed local tax waivers for our two sub-zones. along with
the state tax waivers.
The program is quite new, so the state can be expected to refine the program during the coming year. We maintain the accuracy of information on this site to the best of our ability.
The PA Department of Revenue provides relkated tax information at http://www.revenue.state.pa.us/revenue/cwp/view.asp?a=103&Q=55331&rev enueNav=|
Go to the next page to read more details on the
Keystone Opportunity Zone program.
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