How
to Qualify | How a Business Becomes "Certified"
In order to receive the benefits in the Empire Zone Program,
a business must be located within a designated area of the Empire Zone
and planning to expand or create new jobs. If your business is already
located in the Empire Zone, we invite you to call the Clinton County Empire
Zone (CCEZ) (518) 563-3100 or email us at afkurtz@thedevelopcorp.com to
explore the program in more detail. We will meet with you to explain the
tax benefits and work with your business to ensure your business receives
all available EZ benefits.
If your business is not currently located in the Zone but you are planning
an expansion and meet the criteria of a regionally significant project,
you may be eligible for Empire Zone benefits. Regionally significant projects
do not need to be located within a zone. It is also possible to explore
the possibility of a formal boundary amendment which would require approval
by the Clinton County Zone Administrative Board. New York State must also
approve the boundary amendment before a company can apply for Zone benefits.
To become a Certified Business, an Application for Joint
Certification of an Empire Zone Business Enterprise must be completed,
reviewed and approved by the Zone Administration Board, signed by the
local Zone Certifying Officer, and forwarded to the New York State Department
of Labor and the New York Department of Economic Development. The application
requests information about actual or projected investments a business
or property owner is planning for the Zone facility over the next five
years, as well as the existing and projected employment at the facility.
In addition, the business must agree to list all job openings with the
NYS Department of Labor and submit a brief annual report to the Zone Coordinator.
The CCEZ can assist businesses with portions of the application, review
the completed form, and forward it for final certification. If an eligible
business submits a complete application, it can expect to receive a Certificate
of Eligibility within eight weeks, entitling the business to Empire Zone
benefits. Prior to certification, a cost/benefit analysis is completed
in order to evaluate the potential tax savings compared to the economic
benefits of a proposed project as it relates to the Clinton County Empire
Zone's adopted Development Plan.
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