Urban Enterprise Zone Program
New Jersey's Urban Enterprise (UEZ) Program, enacted in 1983, operates under the Department of Community Affairs. The UEZ Program exists to foster an economic climate that revitalizes designated urban communities and stimulates their growth by encouraging businesses to develop and create private sector jobs through public and private investment.
Becoming a Certified UEZ Business
In order to participate in the UEZ Program, your business must be:
- Registered with the State of New Jersey
- Located within one of the 27 designated zones
- Be in tax compliance with the State of NJ
- Certified by the New Jersey UEZ program
Helpful information is available on the NJ Urban Enterprise Zone Program Forms & Information web page.
Benefits to Businesses
Reduced Sales Tax - Currently 3.4375%
Tax-Free Purchases on certain items such as capital equipment, facility expansions, and upgrades
Financial Assistance from agencies such as NJEDA
Subsidized Unemployment Insurance costs for employees who earn less than $4,500 per quarter by applying to Labor for a rebate after the end of the year
Energy Sales Tax Exemption for qualified manufacturing firms with at least 250 employees, 50% of whom are working in manufacturing http://www.njeda.com/financing_incentives/Programs/Urban-Enterprise-Zones-(UEZ)-Manufacturers-Energy
Tax Credit Options - Owners may elect one of the following:
- Up to $1,500 for new permanent full-time employees hired
- Up to 8% Corporate Business Tax Credit on qualified investments
- 1. Create/access your NJ Premier Business Services (PBS) account (see step-by-step instructions).
- 2. Add your business to your PBS account.
- 3. Click on the "Urban Enterprise Zone" link under "Select a Service Center" in PBS.
- 4. Complete and submit the UEZ Certification Application.
Instructions, procedures and additional assistance are available throughout the application screens.
NJ Urban Enterprise Zone Program Assistance
NJ UEZ Program
Department of Community Affairs
P.O. Box 822
Trenton, NJ 08625