Looking to save money? The Enterprise Zone is the answer!

Are you leaving money on the table?

If your business is located in the Oakland Enterprise Zone then you may be leaving significant dollars on the table that can benefit your business.  Example: An Oakland business with less than 40 employees was able to generate over $50,000 per year in California Enterprise Zone Credits.  This was money that the business was able to use to make additional investments in business property and enhance the employee benefit plan it offers to its employees. 

Is Your Company Located in Oakland or Planning to Move There?
If you are located in Oakland, you should check to see whether your location falls within the Oakland Enterprise Zone.  By simply having a location in the Oakland Enterprise Zone, a business is eligible to take advantage of certain business incentives (credits, deductions, etc.).

Please review the available map or street listing of the Oakland Enterprise Zone to see if your location falls within the qualified area.

Want to Learn More About the Available Benefits?
Click here for a brief overview of the benefits available through the Enterprise Zone program.  For further information on these tax credits, please click here to review information provided by the California Franchise Tax Board.

Can the Program Tools Assist You?

We have provided several online tools assist you in evaluating and participating in these programs.  We have a tool that can assist a business in estimating the value of the benefit it can derive from participating in the Enterprise Zone Program.

Want to Know If an Employee Is Eligible for the Hiring Tax Credit?
If you would like to know if an employee qualifies for the hiring tax credit, complete the Oakland Voucher Checklist and submit the required information to the Enterprise Zone Coordinator. Click here for a list of supporting documentation accepted for each category.

Where is the Oakland Targeted Employment Area (TEA)?
Oakland’s TEA is one of the largest in the state.  See the published street ranges listings to determine whether an address falls with the qualified area.