Global Business Incentives

WTP Global Business Incentives helps companies identify and negotiate the most lucrative incentive packages offered by governments who want to attract new business or retain and encourage the expansion of existing businesses.

Many companies overlook or are unaware of the numerous programs available to them which are designed to attract private investment in property and human capital development. These programs, which vary greatly by state and country, are regularly adjusted to maintain competitiveness with other jurisdictions for new jobs and investment.

 
Negotiating and obtaining the most advantageous business incentives package on your own can be a lengthy and complicated process given the large number of programs available. Identifying the incentives in the context of your particular business’ needs and determining those that will have the greatest bottom line impact takes enormous time and effort.

WTP has generated millions in savings for clients around the globe by knowing what specific incentives are available and successfully negotiating the best possible package for your business. We then work with you to ensure that the incentive package is fully administered and that the incentives awarded are actually realized.

A successful incentive package negotiation may include credits against tax (income, franchise, real & personal property, sales/use, withholding), abatements or exemptions of tax, low-interest financing instruments, financial grants, infrastructure development and enhancements, training assistance, and reduced utility costs. Incentive packages may also be available for capital investments in the upgrading of machinery and equipment or for the retention of an existing business and employees.

WTP Advisors' Global Business Incentives assists United States based companies seeking options for operations domestically and abroad, as well as foreign companies looking to expand into the United States or elsewhere across the globe.

• Reduced start-up, operating and carrying costs
• Increased EPS
• Reduced effective federal, state, and local tax rates
• Permanent tax savings
• Increased cash flow
• Proactive, front-end strategic planning for future operations

WTP’s Global Business Incentives practice can identify, benchmark, secure, and administer a package of  business incentives for our client’s domestic and international operations for recent or planned activities in areas such as:

• Mergers and acquisitions
• Capital investments in new or existing facilities
• Capital investments in machinery and equipment
• Relocation, consolidation and divestitures
• “Green” investments
• Historic preservation and rehabilitation investments
• Pollution-control equipment
• Restructuring
• Hiring employees
• Training employees

Our Services:

• Economic development incentive package negotiations
• Incentive Implementation and administration
• Site identification and selection, including greenfield and brownfield sites
• Foreign trade zones
• Retroactive credit and incentive analyses
• Tax-exempt, low-interest bond financing negotiations
• Customized training grants