Kershaw County Economic Development Office | 80 Campus Dr. | P.O. Box 763 Camden, SC 29021 | Tel: 803-425-7685 | Fax: 803-425-7687 | econ.develop@kershaw.sc.gov
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TAX INSIGHT: PRO BUSINESS STRUCTURE

With one of the lowest corporate tax rates in the nation, highly competitive wages for workers and low unionization, it’s no wonder South Carolina is consistently ranked among the most pro-business states in the USA. In addition, South Carolina offers a wealth of opportunities so that businesses can maintain low operating costs. One of the best ways to do that is to keep your corporate tax burden low – and in many cases – non-existent. Our Economic Development Office will be glad to provide the details.

Pro Business structure helps control & maintain operating costs.

  • 5% corporate tax rate - one of the lowest tax rates in the Southeast

  • No sales tax on manufacturing equipment, industrial power, or materials for finished products

  • No state property taxes or local income taxes

  • No inventory, wholesale, or unitary taxes on worldwide profits

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"Together we have done great things in Kershaw County including announcing jobs and critical investment this past year at Suominen, Haier and INVISTA. Kershaw County is on the move and we are confident this growth will continue as we continue to invest in quality jobs and training for South Carolina’s workforce."
-- South Carolina Governor Nikki Haley