City of Bridgeton UEZ

 

Information and Business Forms

Urban Enterprise Zone Overview

New Jersey has established 32 Urban Enterprise Zones covering 37 economically distressed cities throughout the State. The Urban Enterprise Zone Authority usually designates about 30% of a city as an Urban Enterprise Zone. To participate in the Urban Enterprise program, a business must apply to the local Urban Enterprise Authority to become a “qualified business.” Once a business is certified as a qualified business, the certification must be renewed annually.

Some of the benefits to qualified businesses are:

The right to purchase items, except motor vehicles, and most services without paying sales tax, and Corporation Business Tax credits for hiring certain new employees.
Retailers who wish to qualify for the reduced sales tax benefit must apply to the Division of Taxation for the certification that allows them to charge 50% of the current sales tax rate.

The Division of Taxation has recently promulgated requirements for deliveries of purchases made in the zones. View entire text of the requirements.

To obtain more information about Urban Enterprise Zones, view the Urban Enterprise Zone Tax Questions and Answers booklet.


Program Incentives

Participating Businesses can charge 50% of the NJ sales tax rate on certain purchases.
Tax exemptions on certain purchases (most equipment, office supplies, & office furniture).
Renovations and construction tax exemptions for qualified businesses.

Manufacturers may qualify for sales tax exemption on their energy and utility consumption. For each new permanent full-time employee hired, businesses may receive a one-time $1,500 tax credit.

Employers may also benefit from subsidized unemployment insurance costs for certain employees.

Tax credit against the Corporate Business Tax up to 8% of qualified investments within the zone.

Businesses may be eligible for priority financial assistance.

Who Qualifies?

Businesses located in the Bridgeton UEZ (qualification based on business address).

Businesses should first verify that their business location is within the UEZ.
-or-
Contact the Development & Planning Office
(856) 451-3407 Ask for a verification of Bridgeton UEZ business eligibility.

Complete a UEZ Application form (available from the Development & Planning Office, (Bridgeton Tourist Center, 50 E. Broad St, corner of Rtes 49 & 77))

New Jersey On-line Business Filing
and Registration Service

Through this service, you may file new corporations, limited liability companies and limited partnerships, as well as obtain authorizations for foreign (out of state) businesses to conduct operations in New Jersey.  You may also register any business for taxes and employer contributions for unemployment and disability and obtain temporary certificates of authority for sales tax on-line.