Taxes & Incentives

Explore the tax advantages and incentive programs that make Houston a premier place for business.

Business Climate
State Tax & Financing Incentives
State Research & Development Incentives
Local Incentives

Why Houston Works

Pro-Business Tax Structure and Incentives

Houston offers a globally competitive business climate, thanks in part to Texas’ low-tax environment. There is no corporate or personal income tax, and
companies can benefit from various local, state, and federal incentive programs.
These advantages help businesses lower operating costs and support expansion and relocation efforts in the region.

Texas ranks #1 for business climate – CNBC 2023

Tax Advantages

Business Environment

Texas offers one of the most favorable tax climates in the country.

Businesses in Houston benefit from no corporate or personal income tax at the state level. Additionally, a broad range of exemptions are available on franchise, sales, and property taxes, which can reduce operational costs and increase competitiveness.

Incentives

Local and State Incentives

Houston companies may qualify for a variety of incentive programs including Chapter 380 agreements, tax abatements, and enterprise zones. These programs support job creation, capital investment, and economic development projects throughout the region.

0+

Designated Opportunity Zones in Greater Houston

Federal Incentives

Federal Resources for Businesses

Houston businesses can leverage federal tools such as Opportunity Zones, New Markets Tax Credits, and Renewable Energy Tax Credits. These programs help drive private investment and development in designated areas.