Incentives, Financing and Taxes

The Katy Area Economic Development Council is here to help you. Our staff has over 40 years of experience in economic development. Let our experts show you the variety of options you’ll have to choose from when you’re ready to take a look at Katy. The Katy area and the state of Texas have created dynamic and growing economies with the help of a pro-business tax structure and pro-business climate. Some key features of the tax and business environment include: no state income tax on persons or businesses, no local income or occupational taxes on persons or businesses, a low franchise tax, a strong tort reform law and Employment-At-Will and Right-to-Work laws. Katy Area EDC works diligently to aid companies in exploring tax incentives and maximizing monetary efficiency for relocations and expansions.

Incentives
Emergency/Disaster Loans The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses. Learn More LiftFund Disaster Relief 2020 Loan Program As the COVID-1...
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The State of Texas and other organizations may offer grants and rebates for qualifying companies. Katy Area EDC may help facilitate applications on behalf of qualifying companies. Texas Enterprise Fund Administered b...
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Category: Grants, Rebates

Numerous loans may be available to qualifying businesses relocating or expanding.  The Katy Area EDC will provide comprehensive information about loans to fit the needs of your business. Texas Pace Authorit...
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Category: Loans

Permitting Assistance The Texas Commission on Environmental Quality (TCEQ) and the Office of the Governor Texas EDT have established a relationship to assist companies with the State of Texas environmental permittin...
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Category: Permitting, Goodwill

Katy Area EDC works diligently to aid companies in exploring tax incentives and maximizing monetary efficiency for relocations and expansions. Property Tax (Ad Valorem) Abatement Property tax abatement may be available i...
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Category: Taxes, Tax

Training incentives assist companies to attract and retain talent as well as further education for workers. Katy Area EDC assists companies by providing information on available training incentives and connectin...
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Category: Workforce, Training