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HomeMy WebLinkAboutCOM 0682.001 2006-2008 4 w lane H. Testa i, H~~ Director • • n.« ~+J County of Hawari DEPARTMENT OF RESEARCH AND DEVELOPMENT 25 Auquti Streer, Roan 109 • Hilo, Hawaii 96720252 (808) 961.8366 • Faz (808)935-1205 E-meii: chresdevQintorpac.nee HAWAII ENTERPRISE ZONES (EZ) PROGRAM INITIAL APPLICATION FOR BUSINESSES A business interested in participating in the Hawaii EZ Program fast must complete this initial application. Your eligibility for EZ tax and other benefits will begin when this application is approved. However, approval of this application oes not' guarantee that your business will qualify for EZ benefits each year. At the end of each tax year, a report form will be provided to you for submission of the information necessary to determine if your business has satisfied the annual gross receipts and hiring requirements. The information you provide is considered proprietary and co~dential in the same way that your tax returns are confidential. This application has three parts: I. Background Data II. Tax and Employment Information III. Declaration Section I, Background Darq will be used to verify that your business is eligible for EZ benefits and that your business is actually located in an EZ. This information will also be used to monitor the types of businesses that participate in the EZ program so the overall value of the program can be measured. Section II, Tar and Employment Information, will be used to verify the value of the state tax benefits you claim and the number of employees you report. This information will also be used to monitor the financial impact of the EZ incentives on both the tax liability of participating businesses as well as on state tax revenues (relative to the number of persons hired and the unemployment rate in each EZ) in order to determine the cost-effectiveness of the program. Section III, Declaration, must be signed by a person authorized to act on behalf of the business. An authorized person would be a sole proprietor, a partner, or an officer of the corporation. When completed, make a copy of the application for your own records and send or take the original to your County EZ coordinator. Jane Horike Depamnent of Research & Development 25 Aupuni Street, Room 109 Hilo, HI 96720 Phone: (808) 961-8496 Fax: (808) 935-1205 6 ~ 2 ~ _ E-mail: jhorike(a3co.hawaii.hi.us Comm. N0. Ref. Toe lrtrfie Rof. Date OCT 2 2E~I7 Hawaii County is an Equal Opportunity Provider and Empbyer- I. BACKGROUND DATA A. Date ' B. Business Name (used for tax purposes) C. Type of Business (check one) ? C-Corporation ? S-Corporation ? Limited Liability Corporation (LLC) ? Partnership ? Sole Proprietorship D. Date Business 1%Jas Established E. Location Where Business Was Originally Established (tov.~n or city, state and/or country) F. 1) Main Branch or Headquarters Address 2) Mailing Address (ff different from above) 3) Enterprise Zone Establishment Address (if different from Main Branch or Headquarters) , `1 BACKGROUND DATA (continued) G. Date Enterprise Zone Establishment Began Operations (if differer.! from date business was established). Date: H. Contact Person: Position: Telephone: I. Trade or Business (activities at EZ establishment). Check one or more. ? Agriculture ? Medical research, clinical trials, and telemedicine ? Manufacturing ? International business management training or environmental remediation technician training ? Wholesaling ? Biotechnology research, development, production or sales ? Aviation and /or Maritime repair ? Repair or maintenance of assistive and/or maintenance technology equipment ? Telecommunication switching ? Certain types of call centers (Bill collection and delivery and/or technical support for customers of computer hardware or software manufacturers) ? Information technology design ? Wind energy producers and production J. Product(s) or Service(s) Provided by EZ Establishment i A II. TAX ANA EMPLOYMENT INFORMATION NOTE: When providing the information requested below, Ieave "All Hawaii Operations" blank if your EZ establishment is your only operation in Hawaii. Also leave blank aay questions which request information for a year during which either your EZ establishment and/or other Hawaii operations did not exist. A. List Montlt and Day your Income Tax Year begins Month Day B. Most Recent Annuai Hawau Genetal Excise Tax Payment EZ Establishments All Hawaii Operations C. Most recent Annual Unemployment Insurance Premium Payment EZ Establishments All Hawaii Operations D. Most Recent Annual Hawaii State Income Tax Payment EZ Establishment S All Ilawaii OperationsS E. Income Taxes Paid to Other States (if arty) in most recent tax years (NOTE: This information is necessary only iJyou did not pay any Hawaii Stnte Income Tax in most recent tax year.) 19_State(s) EZ Establishment S All Hawaii Operations S F. Real Property Taxes Paid as Owner or Lessee on Property located in the Enterprise Zone: Most Recent Year 19_ S Previous Yeaz 19_ S Previous Yeaz 19_ S G. Average Monthly Payroll: Most Recent Year 19 _ EZ Establishment All Hawaii Operations S Most Recent Year 19 - EZ Establislunent S All Hawaii Opemtions $ Most Recent Year 19 ! EZ Establishment S All Hawaii Operations $ H. Current Number of Full-Time Employees at EZ Establishment I. Participation in any County, State or Federal Government-funded Programs (check appropriate): ? Job Training since ? Business Loans, since ? Other (Please Specify) ? None III. DECLARATION . I, the undersigned representative of the business firm for which this Application is being submitted, declare that this Application has been examined by me and is, to the best of my knowledge, an accurate statement. PRINT NAME OF APPLICANT: Signature of Applicant: Applicant's Title or Position: Applicant's Taxpayer Identification or Social Security Number: COUNTY: APPROVED DISAPPROVED DATE DBEDT: APPROVED DISAPPROVED DATE QUESTiONS7 Call the following numbers: Molokai an Ianai: 1-800-465.4644; Oahu: 586-2593 ; Hawaii: 974-4000; Maui: 984-2400; Kauai: 274-3141 (If not calling from Oaltu, dia16-2593 after you have reached the number you dialed above.) LINDA LINGLE 4g O~LH, GOVERNOR r B5n i THEODORE E. LIU k~ P`-~ MARK K. ANDERSON DEPARTMENT OF BUSINESS DEPUTY DIRECTOR ~3 fj~lF ECONOMIC DEVELOPMENT & TOURISM - ~~;~a~p~` Enterprise ZOnes No. 1 Capitol District Builtling, 250 South Hotel Street, Room 503, Honolulu, Hawaii 96813 Telephone: (808) 566-2593 Mailing Atldress: P.O. Box 2359, Honolulu, Hawaii 96804 Fax: (808) 586-2589 Web site: www.hawaii.gov/dbedUbusiness/startyrow/enterprise-zone HAWAII ENTERPRISE ZONES (EZ) PARTNERSHIP END-OF-YEAR REPORT FORM FOR BUSINESSES This End-of--Year report form (Form EZ2) is for your most recently completed full or partial tax year of participation in the EZ Partnership. It includes two sections you shou]d complete and submit to your county EZ coordinator by the dates indicated below: A. GROSS REVENUE AND HIRING INFORMATION (Please submit within 30 days after the end of your tax year if possible. Later submissions are acceptable as long as you allow sufficient time for processing prior to your tax filing deadline or prior to any deadline for amending past tax returns). B. TAX AND PAYROLL INFORMATION (Please submit within 30 days after filing your state income and excise tax returns for the full or partial tax year for which you wish to claim EZ tax benefits). The gross revenue and hiring information requested in Section A will be used to determine if your business has qualified for EZ tax benefits for the full or partial tax year for which you wish to claim EZ benefits. Please submit this information within 30 days after the end of your tax year if possible so you can be notified if you have met the EZ hiring and other requirements well in advance of your general excise and state income tax filing deadlines. If you qualify for EZ tax benefits, you will be sent a certification form that you should keep. Copies of the certification form should be attached to your general excise and state income tax forms when they are filed. (Note: You will also need to include State of Hawaii Tax Department Form N-756 with your state income tax return.) If you do not qualify, you will also be notified and you will be required to pay all taxes due when you file. The tax and payroll information requested in Section B will help us track the value of the EZ tax benefits from year to year. All of the information you provide will remain confidential. You should submit your tax and payroll information to your county EZ coordinator within 30 days after filing your tax returns if possible, but you may submit it sooner if you prefer and you have all the requested information. A person authorized to act on behalf of the business should sign each section. Also please make copies of each section for your files before they are submitted. QUESTIONS? You can call the State Enterprise Zones Coordinator at (808) 586-2593, or the County Enterprise Zone Coordinators at the numbers listed on the following page. HAWAII STATE AND COUNTY ENTERPRISE ZONES COORDINATORS CONTACT INFORMATION State of Michelle Muraoka Hawaii Enterprise Zone Coordinator Department of Business, Economic Development and Tourism (DBEDT) State of Hawaii P.O. Box 2359 Honolulu, Hawaii 96804 Phone: (808) 586-2593 Fax: (808) 586-2589 E-mail: mmuraoka(a~dbedt.hawaii.gov Hawaii Jane Horike County Department of Research and Development County of Hawaii Puainako Town Center 2100 Kanoelehua Avenue, Bay C-5 Hilo, Hawaii 96720 Phone: (808) 981-8335 Fax: (808) 981-2096 E-mail: jhorikena,co.hawaii.hi.us Kauai Beth Tokioka, Director County Office of Economic Development County of Kauai 4444 Rice Street, Suite 200 Lihue, Hawaii 96766 Phone: (808) 241-6390 Fax: (808) 241-6399 E-mail: btokioka kaual.QOV Maui County Diedre Tegarden, Economic Development Coordinator County of Maui 2200 Main Street, Suite 305 Wailuku-Maui, Hawaii 96793 Phone: (808) 270-7710 Fax: (808) 270-7995 E-mail: diedre.te ardenCa1mauicounty. ov Oahu County Paul Kobata CBED Section: Office of Special Projects Dept. of Community Services, City and County of Honolulu 715 S. King Street, Suite 311 Honolulu, Hawaii 96813 Phone: (808) 592-2293 Fax: (808) 592-2292 E-mail: pkobatana,co.honolulu.hi.us BUSINESS NAME SECTION A: For full or partial tax year beginning and ending (date) (date) GROSS REVENUE INFORMATION: To determine if you satisfied the gross revenue requirement, please complete the following calculations. Both A.2 and A.3 below must be at least 50% in order to qualify for EZ tax benefits. Both the EZ general excise tax exemption and the EZ income tax credits apply only to taxes due on gross revenues from EZ-eligible transactions within a zone. Also, if you are applying for EZ benefits for a partial tax year, only revenues from those months during which your EZ establishment was eligible to participate in the EZ program should be used. 4% GENERAL EXCISE TAX RATE: A. 1 $ Total gross revenues from all transactions, both inside and outside the zone, attributed to your EZ establishment during the full or partial tax yeaz for which you wish to qualify for EZ tax benefits. A. 2 % Percentage of A.1 from transactions recorded inside the zone. A. 3 % Percentage of A.1 from EZ-eligible transactions inside the zone. 0.5% GENERAL EXCISE TAX RATE: A. 4 $ Total gross revenues from all transactions, both inside and outside the zone, attributed to your EZ establishment during the full or partial tax year for which you wish to qualify for EZ tax benefits. A. 5 % Percentage of A.I from transactions recorded inside the zone. A. 6 % Percentage of A.1 from EZ-eligible transactions inside the zone. HIRING INFORMATION: To determine if you satisfied the hiring requirements, please provide the following information. A. 7 Average number of full-time employees at your EZ establishment. (Add the number of full-time employees during each pay period and divide by the number of pay periods during the full or partial tax year for which you wish to qualify for EZ tax benefits.) Full-time = 20 hours or more weekly. Form EZ-2 Rev. 7/18/2007 CONTRACTOR EXEMPTION FROM GENERAL EXCISE TAX: A. 8 If any licensed contractor(s) as defined in Chapter 444 of the Hawaii Revised Statutes-- did construction or major renovation/repairtyork at your EZ site during the time period covered by this report, and the contractor(s) claimed the EZ contractor exemption from general excise tax for that work, please list the total amount paid by your firm for EZ-eligible contracting work at your EZ site during the time period covered by this report. $ A. 9 Please describe the type and dollaz value (if any) of any county EZ incentives you claimed during the full or partial tax year covered by this report. (Please list "none" if appropriate.) SECTION A OF THE END-OF-YEAR REPORT SHOULD BE SIGNED AND DATED BELOW BYA PERSON AUTHORIZED TO ACT ON BEHALF OF THE B USINESS. IF POSSIBLE, PLEASE SUBMIT WITHIN 30 DAYS AFTER THE END OF THE FULL OR PARTIAL TAX YEAR COVERED BY THIS REPORT. BUSINESS NAME MAILING ADDRESS NAME (please print) SIGNATURE TITLE: DATE PHONE FAX EMAIL ADDRESS FOR OFFICIAL USE ONLY COUNTY: DATE RECENED DBEDT: APPROVED DISAPPROVED DATE Form EZ-2 Rev. 7!1812007 BUSINESS NAME SECTION B: For full or partial tax year beginning and ending (date) (date) TAX AND PAYROLL INFORMATION NOTE: When providing the information requested below, leave "All Hawaii Operations" blank if your EZ establishment is your only operation in Hawaii. Also leave blank any questions that request information for a year during which your EZ establishment and/or other Hawaii operations did not exist. B. 1 Total value of EZ exemption from general excise tax on EZ-eligible revenues for the time period covered by this report. $ B. 2 Unemployment Insurance premiums paid during the full or partial tax year for the rime period covered by this report. EZ Establishment $ All Hawaii Operations $ B. 3 Total value of EZ income tax credits claimed for time period covered by this report. B .4 Real property taxes paid as Owner, Lessee, or Tenant on property located in the Enterprise Zone during the time period covered by this report. B. 5 Average monthly payroll during the time period covered by this report. EZ Establishment $ All Hawaii Operations $ SECTION B OF THE END-OF-YEAR REPORT SHOULD BE SLGNED BELOW BEFORE SUBMITTAL BYA PERSON AUTHORIZED TO ACT ON BEHALF OF THE BUSINESS. PLEASE SUBMIT THIS SECTION WITHIN 30 DAYS AFTER YOU FILE YOUR STATE GENERAL EXCISE TAX AND INCOME TAX FORMS FOR THE TIME PERIOD COVERED BY THIS REPORT. FOR OFFICIAL USE ONLY COT.JNTY: DATE RECEIVED DBEDT: DATE RECENED Form EZ-2 Rev. 7/18/2007 BUSINESS NAME MAILING ADDRESS NAME (please print) SIGNATURE TITLE: DATE PHONE FAX EMAIL ADDRESS Form EZ-2 Rev.7/18/2007 w Revised: ~ 1 - HAWAII ENTERPRISE ZONES: GENERAL INFORMATION FOR BUSINESSES INTRODUCTION The Enterprise Zones (EZ) program is a join state-county effort intended to stimulate-via tax and other incentives-certain types of business activity; job preservation, and job creation in areas where they are most appropriate or most needed. Up to six enterprise zones can be designated per county. If your business (or a branch of your business) is eligible and is located in an Enterprise Zone (EZ), you can reduce your state taxes and receive other benefits for up to seven years by satisfying the EZ hiring and gross receipt requirements. The current number of zones per county is indicated below. Oahu -three zones; Big Island -five zones; Kauai -five zones; MauilMolokailLanai -three zones. • ELIGIBLE BUSINESSES To be eligible for Enterprise Zone benefits, at least half of vour firm's annual aruss income in an EZ must be from one or more of the following activities: Y Agricultura4 production or processing; ? Manufacturing; ? Wholesaling/distribution; ? Aviation or maritime repair or maintenance; ? Telecommunications switching and delivery systems; ? lnforrnation technology design and production; ? Medical research, clinical trials, and telemedicine; ? For-profit training programs in international business management or environmental remediation; ? Biotechnology research, development, production, or sales; ? Repair or maintenance of assisted technolol~y equipment; ? Certain types of qll centers; ? Wind energy producers. Almost ail other businesses are not eligible, inc{uding retailer, professional services, and firms which build, maintain, or repair real estate, such as custodial, construction, painting, landscaping, electrical, and plumbing firms. HIRING REQUIREMENTS All eligible businesses must also increase their average annual number offull-time employees. All businesses must already employ at least one full-time worker at their EZ establishment before b~innino participation. (Full-time = 20 or more hours cerweek.f - The specific requirements that must be satisfied as described: ~ - "Existing"businesses: Businesses already in an EZ must increase their average annual number of full-time employees by at least 10% in the first year. The average annual number of full-time employees must also increase by at least 10% annually in years 2 to 7. "New" businesses: Businesses that start up in or move to an EZ must increase their average annual number offull-time employees by at least 10% in the first year. The average annual number offull-time employees in the years 2 to 7 can fluctuate, but cannot be less than the average number of employees required in the first year. (Note: New businesses will be considered `nevJ' throughout their 7-years of eligibility.) INCENTIVES State: Businesses, which satisfy all requirements, will qualify for the following state tax benefits for up to 7 consecutive years: D 100°!° exemption from the General Excise Tax (GET) and Use Tax every year. (The GET exemption applies only to gross revenues from EZ-eligible business categories within an EZ.) ? Licensed contractors are also exempt from GET on construction done within an EZ for an EZ-qualified business. ? An 80% reduction of state income tax the first year. (This reduction goes down 10% each year for 6 more years.) ? An additional income tax reduction equal to 80% of annual Unemployment Insurance premiums the first year. (This reduction goes down 10% each year for 6 more years.) NOTE: The two income tax reductions combined cannot exceed 100% of income fax due. County: Each county will offer eligible businesses additional benefits that may inGude one or more of the following: ? Priority permit processing; . ? Zoning or building permit waivers or variances; ? Property tax adjustments; ? Priority consideration for federal job training or community development funds. HOW TO PARTICIPATE Business participation will begin once each County selects areas for zone designation. Once zone designations have been made, further inquiries can be addressed by calling the Mayor's office of the county in which your business is or vrill be located, or the State of Hawaii Department of business, Economic Development, and Tourism (DBEDT). The DBEDT Enterprise Zones program coordinator can be reached at the following numbers: _ ({f calling from the Neighbor Islands, dial extension 6-2593 after you have reached the number you dialed or ask for the Enterprise Zone Program.) Hawaii: 974-4000, Kauai: 274-3141, Maui: 984-2400, Molokai/Lanai: 1-800-468-4644, Oahu: 586-2593 Prior Mtc: January 3.3002 ' N. KOHAIA a ~ N r NEW ~ ~ • Hoookaa w~6 N. KOHALA ~ S Wa ea ~ 1 NAMAICUA ~ ~ r _ / \ / NEW \ HAMAKUA - HIl.O ~ ~ \ ~ / ~ ~ 1 ~ i ~ f ~ ~ ~ Hilo KONAi ~ ~ ' ~ ~ \ Kailua / \ HILO - PUNA NEW f ` KONA [ - KONA II f ` / \ ~i KoNnn ~ Knlakekua ~ ~ l ~ ~ y f olano f 1 Kalapana 1 ~ few ~ ~ I S. KONA \ 1'~~' ~ i PUNA . , ~KAU ' ~ / / ~ Naalehu Island of Hawaii a ,a ~ ~o anMa Hawaii Enterprise Zones This map was produced by the County of Hawaii, Planning Department. Major Roads It is intended for planning purposes only and should not be used for boundary interpretations or other spatial analysis beyond the limitations of the data Enterprise Zone (Existing) sources: 0 (Approx. 490,000 acres) Major Roads - U.S.G.S. D(.G files, 1983` Ente rise Zone (New) Existing Enterprise Zones - DBEDT, May 2000 ~ Proposed Enterprise Zones -County of Hawaii, Researoh and Development, (Approx. 164,000 acres) mne zoos ` HAWAII ENTERPRISE ZONE PARTNERSHIP: BENEFITS "FOR CONTRACTORS The Enterprise Zones (FZ) Partnership is a joint state-county-business effort intended to stimulate-via tax and other incentives-business activity, job preservation, aad job creation in areas designated by the counties. Up to six zones can be designated per county. The curretrt number of zones is: Oahu-three zones; Big Isle-five zones; Kauai-five zones; Molokai-one zone. CONTRACTORS THAT DO WORK AT THE EZ STPE OF AN E~ENROLLED FIRM ARE EXEMPT FROM GII~TERAL EXCISE TAX ON REVENUES FROM THAT WORK (THE EXEMPTION APPLIES TO GB.T. ON BOTH LABOR AMID MATERIALS.) Elieible Businesses To enroll in the Enterprise Zone program, at least half of a firm's annual gross income in an EZ must be from one or more of the following activities: ¦ Agricultural production or processing; • Manufacturing; ¦ Wholesaling/Disttibution; ¦ Aviation or maritime repair or maintenance; ¦ Telecommunications switching and delivery systems; ¦ Information technology design and production; ¦ Medical research clinical trails, aad telemedicine; and/or ¦ For-profit training programs in international business management or environmental remediation. Almost all other businesses are not eligible, including retailers, professional services. Contractors (firms which build, maintain, or repair real estate, such as custodial, construction, painting, electrical, and plumbing firms) also cannot enroll in the EZ proe°ram. Claimine the exemation from General Excise Tax Ask the EZ-enrolled firm for which you have or will provide contracting services for a copy of its EZ application approval letter. ¦ In the spaces provided on your periodic or annual GET payment forth, write in the amount of GET which is based on revenues from work done for the EZ-enrolled business. • Attach a copy of the EZ-enrolled firm's EZ application approval letter to your GET payment form The F-nterprise Zones program coordinator can be reached at the following numbers: (If calling from the Neighbor Islands, dia16-2593 after you have reached the nwnber you dialed.) Oahu: 586-2593; Hawaii: 974-4000; Maui: 984-2400; Kauai: 274-3141; Molokai and Lanai: 1 (808) 468-4644 Effective: July 1, 1996 i~ HAWAII.ENTERPRISE ZONES PROGRAM B~JSINESS PARTICIPATION GUIDELINES i Initial ] . Complete and submit EZ application form to County EZ Coordinator. (County addresses are listed on back. The County will verify that your business is EZ-eligible and will then forward your application to the Department of Business, Economic Development, and Tourism (DBEDT). 2. DBEDT will notify you if your EZ application is approved. If approved, your 84-month period of eligibility will begin on the first day of the month following your approval date. Annual 1. Allocate- and apportion gross receipts from EZ-eligible activities that take place in the zone throughout each tax year. Eligible activities include: manufacturing, wholesaling; agriculture; aviation and maritime~cleaning, repair, and maintenance; telecommunications switching and delivery systems; information technology design and production; medical,research, clinical trials, and telemedicine; and/or for-pro5t training programs in international business management or environmental remediation. 2. Keep track of your number of full-time employees during each pay period throughout each tax year. (Full-time = 20 or more hours per week per pay period.) 3. DBEDT will send you a brief EZ end-of--year report form at the end of each of your tax . Years. t 4. Complete and submit the end-of--year report form to the County within one month following the end of each tax year. The County will forward the report to ABEDT. • 5. DBEDT will review the report to determine if your business has satisfied the EZ hiring and gross receipts requirements. Upon approval, DBEDT will return a certification form to you and the County before your tax-filing deadline. 6. Attach copies of the certification form to your state general excise tax reconciliation form and your state income tax return. ' 7. Also complete and attach State Tax Department Form 756 (enterprise zones tax credit) to:the state income tax return. ' 8. Contact your county EZ coordinator for instructions on how to claim the county's EZ taz benefits, if any. QUESTIONS? Call the number indicated below for your island. _ Oahu: 586-2593 Hawaii: 974-4000 Maui: 984-2400 Kauai: 274-3141 Molokai and Lanai; 1-800-468-4644 (Dial Extension 62593 or ask for the Enterprise Zones program after you reach the number dialed above.) INTRODUCTION The Entericise Zones (EZ) program is a joint state~ounty govenunent initiative: ENTERPRISE ZONE • rosrmm.a~~ofnas PROGRAM • by ieetucmg axes and povidiag oWa tieaests ~y~yj~, PARTICIPATION REQUIREMENTS ~'~EO~ rOf Pa6"P'm00 Must be located in an EZ designated zone Inctativw _ sme Eam half of annual gross receipts from _ one or more of the EZ eligible actlviities • Empty at least one full-time worker - °New 6oemen (Full-Time = 20 Or more hours per week) - P. Bmiasa wor., x...e ~-h .f - 4 ~ _ i ~.i--+- r I~~'' 1 I m~ o . ~ J_ I it m{dY411mtl IYelv41Y1~Y ~c° iT•L~1al ~.M•~YRO T f I 4 \ ELGIBI.E AI:TNIT~3 To ee elfgibk wr EZ MCRK AIIm1YoMo(vmr INCENTIVES fir.'r raerrl poor Yaore art 4e rye. ox or.oro due rouowiog.cwit~: ~r,rM,~,ry,,,w~,~ Sfatelncentives • Maa~i~ • eior~oobpaarr~ervdopmml,pabaVOgarla County Incentives • Avroaamarmenpora m.rls.om • Tdemmm~oioam swoiLrg ad ddiwr ryMm • Ivtam~Em r~od.grdmw.oaw.meim • Medid aral~etiniolonr,adMoeAiae • Fa~Pdn omra popo.rimaoa.iharm mwgmma aavamm~tl • Repva m.oerm dsutiwtrLmrp c9rPra • Caro ryps ddlars • Wmd madt'POdoor+ 2 ri ~ STATE INCENTIVES gAWAR COr7NTY INCENTPYE9 Bminrs4 wu seasry ~ ~ ~ ~ Three-year exemption from any increase in shoe mr beneBU r« W a years: property taxes resulting from new consWCtion by EZ businesses at Their EZ L IOmiPxmiptiao fn®Gaoad axduTn (f81)~d Ur Tao arar SIte3. ysr 6 eed m 1a®®W Y ra deivad fiom Fl cbOble rtvifia 2 Iimed amn°o a° aa~ Eom (Sf ae mV wtioe Ome wimm ~ far av PZgstified bmar r.wx~.amaaormr~.~le.rrr.~~ac mle...aaa Apply for exemption et roar. m taama4w ~ awa loxtarar raro..;oa s..rm>. Hawaii County Reel Pmp«ly Tax Depmlmeat 1. 9a%,a8im m of s®1 UaaoW loymr luvaooe pram aa: are ysr wYa.ItllL mdatims~rs,f«drm:o,ra„ 101 Pa118h1 Street, Suite 4 ra. mta.oo.~r ~r+++ sM...,a,~r Hilo. Hawaii, 96720 r.mom.~.aa.efm.orsao<.fiaaflgk~.FUryr,d..saaMep; Tdeplnoe: (aa8) %1-8201 odtlw. msa•avrrryylstaramryjorrmipmWOaa. RrarH- FOLnRR.MFNTa FOR °NEW BLRSiNa_Qc Hiring Requirements shltaF «mowa iooa.aFZ: mLL91 maeaee meir arcage a®Ila1 number afuR time eraployaa M 10 paam «1 P~o4 abicL • "NEW" Business - a company that wes ~ a~tuR~~ e~loyees ati,e dye.s~2~n 7 ceo established or relocated into the zone after flmaate; bue moot b<kss Wm the mmber aeaWtoyeca the zone was designated. "q~ ea We ad ame fllslyear. • Existing Business - a company that was ae«ga aFZ timoa Regsnrtme«s for •New" Fbms established in the zone before the zone was designated. RIRrHr AF(r111RF NTS FOR xicrlNG ItUSBiES3 INITIAL RIISINESa PARTICIPATION iaeTease awsage amud mmb« aflm-ame employees by at 1 Complete and submit EZ application form ~ lox « 1 persao, whicberer is gm« the flm year. Tae if) County EZ Coordinator. avenge mmd number aFT employees ~t also moeaee M a<Iml to pesrae a®mty in yms z tr,T. Jane Horike 25 Aupuni Street, Room 219 sal°aFZB°"aBx°~m°>ar-s'rr~-Fb~ Hilo,HI 96720 2 DBEDT will notify you if your EZ application is approved. Your 84month period of eligibility will begin on the first n m.~ -~-~-~m day of the next month or roux if preferred. r.. ~....r......_..-.._~ 3 ~ t • f PARTICIPATION GUIDELINES R~'ieW • All benefits must be utilized in the nmmess consecutive severs years following. - t.oueea m Emap`°` Zone - Eigible Buaioes • You may skip a year(s) withintheseven- _ P~pb3. oae Pdl Tvoe Persw Y~ Period, however, the maximum years ~oQa~ives of benefits is seven consecutive years. - shoe • To qualify for benefits annually, complete - coumy Endof--Year Report Form and submit to H"mg Req®®`m' Research and Develo}mtent •Nex"s~emm' - 6 suso,w ENTERPRISE ZONES PROGRAM COORDINATORS 7ltomea Bnodl DiBFDT P. O. flmc 2339 Hooddq HI96801 Td: 970.4000 (6-2393) a (808) 3862393 &od: TBrmadt.hawalLgrn 3as Fbnte 23 Aup®Shed, Room 109 f1ao,HI %729 Td: (806)%1-8/% E-mul: jnavlAe~w.~wwal.m.m 4