Virginia offers a data center retail sales and use tax exemption (DCRSUT Exemption) on qualifying computer equipment or enabling software purchased or leased for use in certain data centers in the Commonwealth meeting minimum investment and job creation requirements as outlined below.

The DCRSUT exemption is available beginning July 1, 2010, through June 30, 2035, unless the company meets the investment and job creation provisions required for an extension of the DCRSUT outlined further below.  

Virginia offers sales and use tax exemptions for eligible equipment used directly in manufacturing and research and development operations. Prior to exemptions, the Commonwealth’s combined state and local sales and use tax is 5.3% (4.3% state tax and 1.0% local tax).

The Port of Virginia Economic and Infrastructure Development Grant (EID Grant) is designed to incentivize companies to locate new maritime-related employment centers or expand existing centers to encourage growth of facilitate cargo growth at The Port of Virginia. EID Grants are administered by the Virginia Port Authority.

For additional program information, refer to Growth Incentive Grants.