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Business and Investing Incentives

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Tax Incentives

We value the companies and businesses that choose the Town of Paradise. New businesses increase employment opportunities available to our residents, and add infrastructure and diversity to our Town. That's why the Town of Paradise is pleased to offer a three-year, 50 per cent annual business tax incentive for any new non-competing company seeking to establish itself here. Applications must be received within 12 months of business start-up.

For expanding businesses, there is a three (3) year, 50 per cent annual business tax incentive on the physical expansion portion only. Applications must be received within 12 months of completion. 

For businesses who are members in good standing with either the Mount Pearl Paradise Chamber of Commerce or the Conception Bay Area Chamber of Commerce, the Town of Paradise offers a $100 tax incentive.

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