Langenburg prides itself on creating the most competitive business environment in the area through business property taxes, low business license fees, incentives, grants, and other municipality support.
BUSINESS LICENSE. The annual business license fee is just $35.
PROPERTY TAXES. On average, commercial property owners pay a 0.6 mill rate (3.96 mills) as residential (6.6 mills) and it is applied to any existing and new business within the community.
FACADE IMPROVEMENT GRANT. Up to $7,000 annually for facade renovation projects.
TOWN BUSINESS INCENTIVES
|Commercial Construction||The town provides a 4-years 100% land and building tax incentive for any newly constructed commercial building that is built to house commercial or industrial operations. The incentive is valid for the new businesses|
|Residential Construction||Town provides 3-years 100% land and building tax incentive for the new residential house construction. The 3 years tax incentive is transferable to house buyers until the 3-years period is done. Available lots.|
|Purchase||The Town provides a 2-years 100% land and building tax incentive for the business that bought the existing commercial building for commercial or industrial operations|
|Expansion||The Town provides a $1,500 tax rebate for an existing business that expands and attracts new business/services in the existing building and creates at least 1 full-time work position|
|Renovation||The Town provides 100% land and building tax incentive for existing business renovation period up to 6 months if the business is closed during that period. This is a one-time tax incentive in 5 years|
- The Annual Social Media Shop Local Campaign. It runs every December, on 'Langenburg's Local Business Month', to highlight the importance of local business in our community. Follow Facebook #shoplocal #shoplocallangenburg.
- "Shop Local Corner" at the local 'Four Town Journal' newspaper. Businesses are welcome to advertise their sales, events, and other happenings in the newspaper by e-mailing information to firstname.lastname@example.org.
- Business Directory at www.langenburg.ca.