Grow Your Business Here
Conception Bay South is the second largest municipality in the province, and one of the fastest growing. With a trade area of over 237,000 within a 30 km radius, the opportunities to invest here continue to grow.
Conception Bay South has established an ‘open for business’ mindset and offers promising commercial, industrial and tourism investment opportunities. The population has increased to a level that can support a strong and diversified commercial and retail sector. Private investment in Conception Bay South has grown significantly.
There is strong potential for commercial developers and retailers to capitalize on a steady local economy and gain a competitive advantage by doing business here. Serviced commercial and industrial sites are readily available in high demand areas, and are connected to the rest of the northeast Avalon via excellent transportation infrastructure.
Got an idea and want to know what you need to get started? Take 10 minutes to answer a few questions to easily generate a customized list of the permits and licenses they require from all three levels of government simply by providing some generic information about the business.
Want to know where you can operate your business? Use our interactive online map Mapping Service to locate specific information pertaining to zoning, current and projected land uses, and the locations of existing businesses.
Business Tax Incentives
A Business Tax Incentive may be considered for new and expanding businesses, providing that they are non-competitive with existing commercial enterprises and are not home-based or mobile in nature.
A business will be considered non-competitive if it is not expected to cause a significant negative impact to business activities of existing commercial enterprises currently approved in the Town as demonstrated within the market analysis section of the business plan.
Interest in the incentive must be expressed in writing prior to the occupancy permit being issued, and supporting documentation in the form of a business plan and financial projections must also be submitted.
If approved, the business tax reduction will be phased in over a three-year period as follows:
- Year 1: 75% reduction in business tax
Year 2: 50% reduction in business tax
Year 3: 25% reduction in business tax
Thereafter, the normal business tax rate applies.
Flexible Tax Incentive Program
The Town also offers flexible incentives to help reduce costs and streamline operations. If your capital investment exceeds $1,000,000, and you are not availing of any other incentive opportunities, our Flexible Tax Incentive Program may be worth exploring.
Apply for our Flexible Tax Incentive program using the form found under Applications.
Ready to make an application to start your venture? The next step is to apply for a business permit. Applications forms are available online to download for completion.
Prior to a business being given a permit to operate, there are a number of reviews and approvals required. Depending on the nature of the business, some of these may come from organizations other than the municipality.
For more information, please contact the Planning and Development Department at (709) 834-6500 ext. 401 or firstname.lastname@example.org.
Chamber of Commerce
Consider being a part of the Conception Bay Area Chamber of Commerce. This is a dynamic network of entrepreneurs and employers that operate within the region. Membership in the Conception Bay Area Chamber of Commerce is open to all businesses, professionals, and stakeholders who are involved in trade and commerce. Conception Bay South businesses that are members of the Chamber received a $100 business tax discount for the membership year.
The Conception Bay Area Chamber of Commerce is the principal organization representing economic and business interests of businesses in Conception Bay South. In existence for over thirty years, its primary mandate is to enhance opportunities for members to improve their ability to do business.