• Nebraska's State/Local Tax Burden on the Decline, Still Higher than Average

• No personal property tax on intangibles
• No state real property tax
• No sales tax on raw material used in manufacturing
• No sales tax or use tax on production machinery and equipment for new or expanding industries
• No sales tax on water used for manufacturing purposes
• No sales or use tax on air or water pollution control equipment
• No sales tax on electricity, gas, coal or fuel oil used for industrial purpose.

• Nebraska Research and Development Authority - Loans to encourage new employment opportunities
• Nebraska Investment Finance Authority - Loans for land, buildings and equipment
• Industrial Development Revenue Bonds - Tax Exempt Bonds for land, buildings, equipment and utilities
• Community Improvement Financing - Bonds or loans for public improvements to private development
• Nebraska Community Development Block Grant - Loans, loan guarantees and grants to encourage new employment opportunities
• Nebraska Ethanol Authority - Equity financing for ethanol plants
• Nebraska Lender Commitment Program - Private lender assistance to new employment generating projects
• U.S. Small Business Administration - Federal loan and loan guarantees
• USDA/Rural Development - Federal loan and loan guarantees

• Employment and Investment Growth Act
• Employment Expansion & Investment Act
• Enterprise Zone Act
• Quality Jobs Act
• Incentive Utility Rates
• Nebraska Redevelopment Act

• Existing LLC Act: Yes
• State Income Tax Classification of LLC: Follows federal
• Entity Level Tax on LLC: 6.99% withholding tax for non-residents
• Tax Form and Filing Available: Form 1065N due April 15
• Composite Filing Available: No
• Annual Report Required: No

• Utility Incentives
• GRO Phelps County Revolving Loan Fund
• Local Option Municipal Economic Development Fund
• Community Redevelopment Authority (CRA), tax Increment Financing (TIF) for approved projects within the blighted and substandard areas of Holdrege
• Tax Incentives awarded on the basis of new capital investment and added job opportunities
• Community Development Block Grants
• Low interest loans for fixed assets
• Loan guarantees for working capital
• Equity financing
• Job training
• One-Stop Business Assistance Center
• Small Business Administration for loan guarantees and low interest asset financing
• Nebraska Investment Finance Authority is a long-term, low-interest manufacturers' loan
• Nebraska Business Development Centers through which feasibility studies and business counseling are available.
• Nebraska Industrial Competitive Alliance offering expertise in food processing, engineering, and business-related issues
• Customized Job Training
• South Central Nebraska RC & D providing support for regional and individual community efforts to improve the economy
• Export Assistance for entering foreign markets
• Government Procurement to help Nebraska businesses in accessing the huge market of federal and state government
• Performance-Based Tax Incentive
• Employment Expansion and Investment Incentive

• No personal property tax on intangibles
• No state real property tax
• No sales tax on raw material used in manufacturing
• No sales tax or use tax on production machinery and equipment for new or expanding industries
• No sales tax on water used for manufacturing purposes
• No sales or use tax on air or water pollution control equipment
• No sales tax on electricity, gas, coal or fuel oil used for industrial purpose

Incorporate in Nebraska

Form an LLC in Nebraska