South Carolina has many tax incentives that can reduce a company’s tax liability, thus increasing your bottom line. This page contains a brief summary of state taxes and incentives. More detailed information on how these taxes are calculated and the incentives available to qualifying companies can be found in the resources.

Income and Tax Credits

South Carolina's corporate income tax rate of 5% is the lowest in the Southeast. Corporate income tax is based primarily on federal gross and taxable income. Companies engaged in multi-state activities will only pay taxes on the income derived from business activity conducted in South Carolina.

 Companies may be entitled to the following corporate income tax credits:

Economic Impact Zone
Manufacturers locating in Dorchester may be eligible for a one-time credit against corporate income tax of up to 5% of investment in new production equipment.

For more information about incentives, be sure to check out the Incentives section on the site.


Dorchester County businesses have access to a diverse and highly-skilled talent pool. Learn more about the area’s workforce and competitive labor costs, including average annual wages for various occupations and regional comparison data.