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New and Emerging Technology Business Tax Waiver

Program for High-Tech Businesses Registering for City of Atlanta Business License

*Please note that the City of Atlanta is currently not processing Business License Applications.

Starting March 2015, the City of Atlanta will waive occupation taxes for up to three (3) years for new and emerging technology businesses. The purpose of the City of Atlanta New and Emerging Technology Business Tax Waiver Program is to encourage or maintain select businesses or practitioners of certain types of occupations or professions in the city of Atlanta.

New and emerging technology businesses that fall under the NAICS Codes and/or SIC Codes listed in Ordinance 15-O-1078 (see below), have registered in the past 3 years or sooner, and report less than $1 million in revenue will receive a waiver of occupational taxes and certain administrative fees for three (3) years from the date the New Business License is issued.
 

NAICS Codes Description SIC Codes Description
5112 Software publishers

7373

Software Publishers

5413 Architectural, engineering, and related services

8714

8715

Engineering Services

Architectural Services

3342 Communications equipment manufacturing

3670

Communication Equipment Manufacturing
5179 Other telecommunications 4900 Telecommunications
5182 Data processing, hosting, and related services

7375

7376

Data Processing Services

Data Processing Systems

5415 Computer systems design and related services

3572

3575

Computer Storage

Computer Terminals

 

3254 Pharmaceutical and medicine manufacturing

2835

2836

Medicinal & Botanical

Medicine Manufacturing

3341 Computer and peripheral equipment manufacturing 3843 Electro Appartatus Manufacturing
3344 Semiconductor and other electronic component manufacturing

3674

Semiconductor Manufacturing
3364 Aerospace product and parts manufacturing 3721 Aircraft Manufacturing
5161 Internet publishing and broadcasting

2712

8998

Internet Publishing

Internet Broadcasting

5181 Internet service providers and web search portals    
5417 Scientific research and development services

8716

8730

8731

8733

8735

Surveying Services

R&D Social Sciences & Humanities

R&D Commercial BioTech

R&D Non-Commercial Sciences

Research, Development, Test Labs

 

FAQs

 

How do I apply for a City of Atlanta Business License?

Learn more on how to apply for a City of Atlanta Business License hereApplications are available online or at the Office of Revenue, 55 Trinity Avenue SW, Suite 1350, Atlanta, GA 30303.

How do I submit my City of Atlanta Business License Application?

The City of Atlanta is currently not accepting Business License Applications. Companies will soon be able to submit their application via an online portal versus in-office drop-off.

How do I apply for the New and Emerging Technology Business Tax Waiver?

Companies are automatically considered for the New and Emerging Technology Businesses Tax Waiver when they apply for their City of Atlanta Business License. Eligibility is determined based on the outlined requirements. 

Am I eligible for the New and Emerging Technology Business Tax Waiver?

Companies with an annual gross revenue of less than $1,000,000 in high technology, life sciences, information technology, intellectual property, and other related fields as indicated by the NAICS codes listed above.

How long is the tax waiver applied to my qualifying business?

Qualifying businesses will receive a waiver either up to five (3) years from the New Business License date of issuance or until gross revenue exceeds $1,000,000.

What taxes and fees are waived through this program?

Qualified businesses are exempt from Occupation Taxes and Administrative Fees.

Do I have to renew my business license annually if I receive the tax waiver?

Yes, all participating businesses MUST renew their business license (Annual Business Tax Return) by February 15th every year, even if they do not owe taxes due to the waiver. Failure to file would disqualify your business from the waiver.

How long is the tax waiver applied to my qualifying business?

Qualifying businesses will receive a waiver up to five (3) years from the New Business License date of issuance.

What if I project business revenue to be less than $1,000,000, but my business ends up with revenues over $1,000,000? Will I still qualify?

A participating business will submit an Annual Business Tax Return after the first year of business. If that return indicates that the business exceeded the $1,000,000 revenue threshold to qualify as a small business, then the business will not qualify and will owe the taxes that were initially waived.

What if I have addition questions regarding the program?

If you have additional questions related to the New and Emerging Technology Business Waiver, please contact Atlanta 311 by dialing 3-1-1.

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