In today’s world, being in a position to take advantage of opportunities is what life is all about.  The Iowa Falls area provides the economic and business climate that is proactive in the development, expansion and retention of business & industry.  In Iowa Falls you will find yourself at the "center" of a launching point to seize those opportunities.

Iowa has eliminated the following tax burdens:

• No sales or use tax on industrial machinery/equipment/computers
• No sales tax on purchases of electricity or natural gas used directly in the manufacturing process
• No sales or use tax on computer/peripherals used in the processing or storage of data
• No property tax on manufacturing machinery/equipment/computers
• No tax assessment on personal property (includes corporate inventories of salable goods, raw materials and goods in process)

Unemployment Insurance Rate - Iowa has the lowest new employer unemployment insurance rate in the nation. The rate for all non-construction business is 1% for a three-year period until an experience rating is established. Iowa offers a zero rate for good experience; approximately 45% of Iowa employers are at a zero rate.

The Iowa Falls Area Development Corporation is here to consult with you, serve as a liaison with appropriate state agencies and identify financial assistance/incentives to make your business in the Iowa Falls area prosper and thrive.  For a comprehensive and confidential analysis of your project and/or request, please contact IFADC or call 877-648-5549.