About Georgia

Georgia’s pro-business environment is the product of state statues, economic development practices, business development support, fiscal conservatism, community leadership, and an innovative, progressive business community.  

Georgia was the first southeastern state to pass single-factor corporate tax apportionment.  This means that in-state sales are the only relevant factor in determining the portion of taxable income to which the 5.75 percent corporate tax rate is applied.  

Georgia is one of a handful of states to have the highest bond ratings (AAA) from all three major municipal bond rating agencies – Moody’s, Fitch and Standard & Poor’s.

Georgia’s case for being a predictable, business-friendly capital investment destination is underscored by an unprecedented record of being named Top Business Climate by Site Selection Magazine for six consecutive years from 2013 to 2018. 

Additionally, the strength of Georgia’s economy was demonstrated when the Georgia Legislature dropped the top corporate rate in 2019.