enterprise zone
Tax-incentivized neighborhood
An enterprise zone is a designated geographic area, typically in an economically depressed urban neighborhood, where businesses receive tax breaks and regulatory relief to encourage investment and job creation.
The concept emerged in the 1980s as an alternative to direct government spending on urban renewal: The factory relocated to an enterprise zone to take advantage of the tax incentives.
- tax incentivesGovernment breaks encouraging actions
- tax breakReduction in owed amount
- officeProfessional work location
- ShenzhenSouthern Chinese metropolis
- workerPerson who toils
tax abatements · infrastructure development · empowerment · free port · industrial park · energy subsidies · startup hub · anchor tenant · urban blight · urban decay · transit-oriented development · urban renewal · jobs · economic development · red tape · revitalization · employment · business district
enterprise zoneconservation zone
Protected natural area
protected area · green belt · preservation district · wilderness area · nature reserve
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