Business Costs

Lower business costs in Western South Carolina are fueling a growing wave of interest from companies looking to expand or relocate. Our region offers a competitive advantage with lower tax rates, affordable land, and reduced operational expenses—all without sacrificing access to key infrastructure or talent. What truly sets us apart is our commitment to supporting business growth: we offer customized, no-cost workforce recruitment services tailored to each company’s unique needs. While other areas may come with higher price tags, Western SC focuses on creating opportunity—not barriers—so you can invest more in your business and less in overhead.

Low Cost of Doing Business

Workforce Training at No-Cost

One of the strongest incentives provided to growing companies in South Carolina is the workforce recruitment and training programs offered by the state through readySC™ and Apprenticeship Carolina™, which includes recruiting, screening and training that is tailored to the company’s needs.

Ranked in 6th the Top ten states for corporate income tax rates at or below 5% by the Tax Foundation

Construction cost index: 0.9 is for Class A Office Facilities

Low Cost of Doing Business:

  • Industrial power rates are 9% lower than the national average
  • SC has one of the lowest corporate income tax rates in the U.S. at 5%
  • SC ranks 1st in Site-Readiness Programs; Available Real Estate; and Speed of Project Permitting
  • SC ranks 2nd in Top States for Doing Business: Cost, Business Friendliness, and Taxes
  • SC ranks 2nd in nation in Business Incentive Programs; Favorable Regulatory Environment; and Workforce Training Programs
  • SC ranks 3rd in Energy Availability & Costs
  • SC ranks 5th in the U.S. Logistics & Infrastructure
  • Energy rates 15% Lower than the national Average

 

Available Sites & Buildings

If you’re thinking about bringing your business to South Carolina’s Western region, we’re ready to accommodate you with a broad variety of existing facilities and ready-to-build sites.

Infrastructure

When you’re competing in the global marketplace, connectivity and fast access are critical. Western SC’s location will put your business at the heart of a very fluid transportation grid, no matter which modes are important for you.