Developer Site Selection Assistance
New Mexico Tax Incentives
Tax incentives are offered by the State of New Mexico to qualifying projects. Energy, manufacturing and technology, tax credit, wage incentives, small business, new mexico partnership
Carlsbad Area Demographics
Access demographics and other data about Carlsbad and Eddy County.
Zoning Regions & Maps
View the City of Carlsbad zoning map.
Commercial Real Estate Professionals
View contact information for professional advice and representation.
Commercial Real Estate Professionals
Helpful Links
Find government and other contacts involved with development in Carlsbad and Eddy County.
Helpful Links
Promote Your Property
Add your residential or commercial property in Eddy County to our site selection list. This is a free service to promote the sale or lease of your real estate.
Promote Your Property
Results
Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. In addition, a taxpayer who holds an interest in a qualified...
Learn More
While the Carlsbad Airport Industrial Park has significant water, sewer, gas, communications, and electrical utilities, the City of Carlsbad is willing to assist with additional needed infrastructure for certain industrial projects. This is made available through a job creation-based grant made possible by the...
Learn More
The City of Carlsbad has some property available for certain industrial projects. This property could also be made available through a job creation-based grant or low rate lease made possible by the Local Economic Development Act.
Learn More
An operator of a refinery in New Mexico, any person who blends special fuel in New Mexico, or the owner of special fuel stored at a pipeline terminal in New Mexico, who installs biodiesel blending equipment for the purpose of establishing or expanding in a...
Learn More
The value of equipment such as a boiler, turbine-generator, storage facility, feedstock processor, interconnection transformer, or biomass material used for bio-power, bio-fuels, or bio-based products may be deducted in computing the compensating tax due.Click here for more information.
Learn More
Since 1999, the Carlsbad Department of Development together with the US Department of Commerce’s Economic Development Administration have managed a Revolving Loan Fund Program. This loan program supplies small businesses and entrepreneurs with the gap financing needed to start or expand their business.
Learn More
The corporate income tax act is amended to reduce the top corporate tax rate from its present law 7.6% to 5.9% over five years. The reduction begins in 2014, with a rate reduction to 7.3% followed by 6.9% in 2015 and 6.6% in 2016. In...
Learn More
The HWJTC is a refundable tax credit designed to incentivize quality job creation, with differing thresholds for jobs in urban versus rural communities. This credit applies to the state portion of the gross receipts, compensating, and withholding taxes, with any excess credit being refunded as...
Learn More
Eddy County and the City of Carlsbad can both issue Industrial Revenue Bonds (IRB) for the expansion and relocation of commercial and industrial projects. Significant property tax and compensating tax exemptions can occur through the use of an IRB. An IRB is a loan...
Learn More
New Mexico has one of the most generous training incentive programs in the country. The Job Training Incentive Program (JTIP) funds classroom and on-the-job training for newly-created jobs in expanding or relocating businesses for up to 6 months. The program reimburses 50-90% of employee wages...
Learn More
Administered by NM Taxation & Revenue DepartmentManufacturers may take a credit against gross receipts, compensating or withholding taxes equal to 5.125% of the value of qualified equipment when the following employment conditions are met:For every $500,000 of equipment, 1 employee must be added up to $30...
Learn More
Every business owner is looking for ways to expand revenue, increase new business opportunities, and optimize efficiency. The New Mexico Economic Development Department, in partnership with the New Mexico Manufacturing Extension Partnership (NM MEP), provides the tools and knowledge for ISO 9001:15 registration through the...
Learn More
The New Mexico Economic Development Department (EDD) is granted authority to administer Local Economic Development Act capital outlay (LEDA CO) funds to local governments (county, municipality, or tribal entity) to help stimulate economic development efforts pursuant to the State Wide Economic Development Finance Act. Funding...
Learn More
New Mexico MEP aspires to be the premier solution provider to strengthen and grow New Mexico’s manufacturing. As a statewide assistance center, New Mexico MEP is dedicated to increasing the competitiveness of the state’s small and mid sized businesses. The Center’s experts and industry resource...
Learn More
Improvements to New Mexico’s tax climate have been recognized by Kiplinger, Ernst & Young, and the Tax Foundation.New Mexico does not tax property-in-transit through the state or warehoused for delivery out-of-stateNo inventory taxNo gross receipts tax on consumables used in manufacturing, including electricity and natural...
Learn More
A corporate or personal taxpayer who owns a qualified energy generator is eligible for a tax credit in an amount equal to 1 cent per kilowatt hour of electricity produced by the qualified energy generator using a qualified energy resource in the tax year. A variable rate of...
Learn More
Administered by NM Taxation & Revenue DepartmentThis credit can be applied to taxes due on (state) gross receipts, corporate income, or personal income tax. Rural New Mexico is defined as any part of the state other than Los Alamos County; certain municipalities: Albuquerque, Rio Rancho, Farmington,...
Learn More
For the purposes of apportioning income, “manufacturing” excludes construction, farming, power generation, and processing natural resources including hydrocarbons.In addition, in taxable years that begin on or after January 1, 2015, corporate headquarters operations may elect to have business income apportioned to New Mexico subject to...
Learn More
The purpose of the credit is to provide a favorable tax climate for technology-based businesses engaging in research, development and experimentation and to promote increased employment and higher wages in those fields in New Mexico.A taxpayer conducting qualified research at a qualified facility and making...
Learn More