Business Climate in Lake Martin

From more tax incentives to a community college dedicated to building a strong workforce, the Lake Martin area has everything you need to run a successful business. There are many incentives to bringing your business to Coosa and Tallapoosa Counties.

Lower Business Costs

Alabama helps make doing business a little easier by not levying property taxes on inventory and allowing abatements for sales & property taxes. Compared to other states, many of Alabama’s tax rates are lower.

Opportunity Zones

The Opportunity Zone Program is a new alternative economic development program established by Congress in the Tax Cuts & Jobs Act of 2017 to foster private-sector investments in low-income rural and urban areas. This is a new program with many moving parts.

Get More Tax Relief

Many new and expanding industries in Coosa and Tallapoosa Counties can take advantage of lower investment and job thresholds and additional tax incentives. This is in addition to Alabama’s already competitive tax incentives.

Join Existing Industry

Many industries have already chosen Coosa and Tallapoosa Counties. These include internationally-based companies and Fortune 500 companies.

Be Close to Major Markets

Coosa and Tallapoosa Counties are located within two hours of Birmingham, Montgomery, and Atlanta. The county transportation includes federal highways, a general aviation airport, and railways.

Utilities You Need

The industrial parks in Coosa and Tallapoosa Counties have utilities ready for new businesses Electricity is supplied by Alabama Power for many of the industrial parks.