economic incentives 

The Texas Advantage

  • No personal income tax
  • No corporate income tax
  • Texas corporate franchise (margins) tax is among the lowest in the country at 2% or below
  • Texas is a right-to-work state; both Texas and McKinney are largely non-union
  • Texas has one of America’s most equitable legal system after multiple rounds of TORT reform to protect corporations against frivolous lawsuits
  • Texas has one of America’s most business-friendly regulatory atmospheres

City of McKinney

  • Direct Financial
    Incentives
  • Capital Investment Incentives
  • Job Creation Incentives
  • City of McKinney Tax Abatements
  • Infrastructure Assistance
  • 5G Technology Infrastructure Assistance
  • Select Enterprise Zone
  • Triple Freeport “Inventory” Tax Exemptions
  • Permitting and Inspection Assistance

* Based on and subject to approval.

State & Federal

  • Texas Enterprise Fund (TEF)

  • Skills Development Fund

  • Workforce Solutions Greater Dallas (WSGD)

  • Job Tax Credits

  • Work Opportunity Tax Credit (WOTC

  • State Enterprise Zone (EZ)

  • Foreign Trade Zones (FTZ)

  • Freeport Exemptions

Contact Us Today!

FIND US AT

5900 S Lake Forest Dr, McKinney, TX 75070

972-542-0926 Fax

COVID-19 BUSINESS RESOURCE

We have developed a resource page for all information to help small businesses during this pandemic from SBA loan options to local community resources.

COVID-19 Resource