West Virginia’s Greenbrier Valley offers a variety of business sites that qualify as Opportunity Zones and HUBzones, offering special incentives to companies that invest in creating jobs to strengthen the local economy.
Our Opportunity Zones
Greenbrier Valley’s Federally designated Opportunity Zones support the development of workforce and affordable housing in areas with escalating prices and inventory shortages, encourage infrastructure development and capital improvements to underutilized assets, and help innovative startups achieve rapid increases in scale. Companies investing in Opportunity Funds in these areas may receive significant tax incentives such as deferrals on capital gains taxes.
The West Virginia Opportunity Zone Incentive, which can be used with or without the Federal Opportunity Fund incentive, gives new businesses created in these opportunity zones exemption from state corporate and personal income tax for 10 years, depending on the corporate form.
Learn more about Greenbrier Valley’s Opportunity Zones!