Oregon Success Stories
Business Oregon Backing Helps "Green" Paint Company Grow Jobs
Since 2002, Business Oregon loans and export assistance has helped Forrest Paint Company of Eugene create nearly 100 jobs over a decade.
Oregon Revised Statutes (ORS)
Oregon's enterprise zones offer a unique resource to Oregon communities, and an excellent opportunity for businesses growing or locating in Oregon. Primarily, enterprise zones exempt businesses from local property taxes on new investments for a specified amount of time, which varies among the different zone programs.
Sponsored by city, port, county or tribal governments, an enterprise zone typically serves as a focal point for local development efforts. There are currently 69 enterprise zones creating better opportunities for business investment across Oregon: 54 rural and 15 urban. Local governments are responsible for creating ,amending, managing and renewing most of these zones, until June 30, 2025. Learn more >>
In exchange for locating or expanding into any enterprise zone, eligible (generally non-retail) businesses receive total exemption from the property taxes normally assessed on new plant and equipment. Subject to local authorization, timely filings and criteria the benefits include:
In addition, some enterprise zones offer special business tax incentives.