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There are endless benefits to doing business in eastern North Carolina. More than 803,000 people live in the eastern part of the state. The area is home to industries, start-ups, small businesses, and everything in between - creating a thriving economic hub.
North Carolina is continuously ranked as one of the best states for businesses - and for good reason.
Incentives from the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina are performance-based. In addition, each local government in the 10-county eastern North Carolina region offers additional incentive opportunities. These programs are formulated to help companies that are interested in locating to or expanding in our area by lessening the tax burden and lowering overall costs to the company.
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North Carolina is home to the nation’s lowest corporate tax rate at just 2.5% and counties in the eastern region have some of the lowest taxes statewide. As companies look to grow in eastern North Carolina, we are committed to making sure tax rates don’t impact your business. We are proud that North Carolina is continuously ranked as one of the most pro-business states in America with a competitive tax structure.
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Our 10-county labor force of more than 400,000 people is rapidly growing with skilled and talented employees. It is fueled by a continuous pipeline of workers from East Carolina University, several other nearby universities, eight community colleges, and area military bases with retiring or separating service-members and their families. From biotechnology and life sciences degrees to welding and manufacturing certifications, customized training programs are available to help companies meet the workforce demand.
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