Darren Hollingsworth, Economic Development Manager
303-762-2599
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South Metro Enterprise Zone Map

Tax Credits

Businesses located within the South Metro Enterprise Zone are eligible for State of Colorado income tax credits in the following areas:

1. Investment Tax Credit - 3 percent tax credit for equipment purchases
2. New Jobs Credit - $1,100 tax credit per qualifying new job
3. Health Insurance Credit - $1,000 tax credit per insured job; available for the first two years
4. Job Training - 12 percent tax credit for eligible training costs
5. Research and Development Credit - Up to a 3 percent tax credit for qualified R&D expenditures
6. Vacant Building Rehabilitation Credit - 25% credit for rehabilitating a vacant building for commercial use
7. Manufacturing Sales and Use Tax - Expanded sales and use tax exemption
8. Commercial Vehicle Income Tax - Up to 1.5 tax credit on commercial trucks, truck tractors, tractor, or semi-tractors,  including associated parts

Filing for Tax Credits

Pre-Certification:  Businesses wanting to claim any of the Colorado Enterprise Zone (EZ) income tax credits are required to annually file a Pre-Certification for activities occurring in the tax year that will earn an Enterprise Zone Tax Credit.  Pre-Certification must  be filed before expenses are incurred.

Certification for Tax Credits:  A business having pre-certified, and then conducted activities that are eligible for EZ credits, must then complete a certification application and receive approval from the Enterprise Zone Administrator. Certification documents must be submitted with your Colorado income tax filing.  

To file for Pre-Certification and Certification, please visit Colorado Office of Economic Development. 

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