• Fully exempts manufacturing machinery
• Full sales/use tax exemption (equal to 5%) on industrial machinery, equipment and computers if they are depreciable assets that are used directly and primarily in manufacturing or processing operations, and is subject to tax; it includes equipment used in R&D, recycling, processing, and pollution control equipment

• Single Factor Corporate Income Tax
• Federal Tax Deduction
• Tax Abatement
• Tax Increment Financing
• Grants and Loans
• Property Tax Exemptions
• Right To Work Law
• Industrial Training
• Northeast Iowa Community College: Iowa Industrial New Jobs Training Program, New and Expanding Business and Industrial Training (NEBIT), Dislocated Workers Program, Targeted Jobs Tax Credit and Veterans Training Program
• Community Economic Betterment Account funds help businesses create new jobs or retain existing jobs.
  
• Economic Development Set Aside Program providing small cities and counties with funds for direct loans or forgivable loans to businesses.
  
• Enterprise Zones
  
• Entrepreneurial Ventures Assistance Program providing early stage businesses with loans to leverage conventional financing of fixed assets from commercial lenders and investors.
  
• Iowa New Jobs Training Program provides customized training for workers in newly created jobs.
  
• Iowa Retraining Program for businesses that are retooling and whose work force would be at risk of displacement unless retrained.
  
• New Jobs and Income Program for companies making a new investments.
  
• New Jobs Tax Credit for new or existing business that increase its work force.
  
• Physical Infrastructure Assistance Program provides financial assistance for physical infrastructure development needed for large projects involving significant capital investment and creating high-wage jobs.
  
• Self-Employment Loan Program assists low-income entrepreneurs by giving new or expanding small businesses low-interest loans.
  
• Targeted Small Business Financial Assistance Program for Iowa businesses that are at least 51 percent owned, operated and actively managed by one or more women, minorities or people with disabilities.
  
• Value-Added Agricultural Products and Processes Financial Assistance Program provides grants and loans to companies processing agricultural commodities into higher-value products not commonly produced or to companies producing renewable fuels and coproducts.

• Existing LLC Act: Yes
• State Income Tax Classification of LLC: Taxed as partnerships
• Entity Level Tax on LLC: No
• Tax Form and Filing Available: Form IA-1065 due May 1
• Composite Filing Available: No

Incorporate in Iowa

Form an LLC in Iowa