The City of Dallas incentives
A variety of incentives are in place for businesses considering a move to the Dallas County area.
FOREIGN TRADE ZONE (FTZs)
Provide dutyfree or deferred payment of goods processed at plants engaged in international trade. The DFW area currently has four FTZs. A six-county area (Dallas, Tarrant, Collin, Denton, Grayson, and Rockwall) has been preapproved by the federal government as eligible foreign-trade zone property. With the agreement of local offi cials, the federal government will provide any eligible business with a FTZ designation on an expedited and simplifi ed basis. Company-specifi c FTZ’s sponsored by DFW Airport include: GM, Sanden, Fossil Partners, Zale, Turbomeca U.S.A., Dal-Tile, The Apparel Group, Matrix Network, Brighton Best International, Lasko, and BMW.
FREEPORT TAX EXEMPTIONS
Allow local governing bodies the option to exempt personal property consisting of goods, wares, merchandise or ores other than oil, natural gas, and petroleum. Eligible property must be transported out of the state within 175 days of acquisition but may be assembled, stored, manufactured, processed, or fabricated locally. Triple Freeport zones are exempt from city, county, and school district property taxes on inventory.
Major Employers & Dallas Chamber of Commerce
