Skip to main content

Industrial Business Zone Relocation Credit


Before you submit your application

  • 1
    Businesses must have an Employer Identification Number (EIN). Sole Proprietors that do not have an EIN may use a Social Security Number (SSN).
    • 2
      Social security number (UBT filers only).
      • 3
        Date moved into IBZ.
        • 4
          Location(s) of business operations continuously during the 24 months immediately preceding relocation.
          • 5
            Address of business operations within the IBZ.
            • 6
              Inception date of lease to new IBZ location.
              • 7
                Number of industrial and commercial full-time jobs (not less than 30 hours per week of gainful employment) relocated to New York City. Industrial employees are those engaged in the manufacturing or assembling of tangible goods or the processing of raw materials. Commercial employees refer to those engaged in the buying, selling, or otherwise providing of goods and services, other than on a retail basis, directly to the ultimate user or consumer.
                • 8
                  Basic rent paid or required to be paid to the landlord for premise. Basic rent means the rent provided for under a written lease for the use or occupancy of premises, excluding separately stated amounts required to be paid by the leaseholder for such items as real estate taxes, maintenance expenses or fuel adjustments.
                  • 9
                    Maintenance expense paid to landlord.
                    • 10
                      Relocation costs incurred in the relocation of the furniture, fixtures, equipment, machinery, and supplies, including the cost of dismantling and reassembling equipment and the cost of floor preparation necessary for the reassembly of the equipment. Relocation costs include only such costs that are incurred in the 90-day period following relocation to an eligible premise. Relocation costs do not include costs for structural or capital improvements or items purchased in connection with relocation.
                      • Ready to Apply?

                        Steps to apply in person:

                      • 1
                        Review General Information link listed under Additional Information, above, to understand eligibility requirements.
                        • 2
                          Review Map of Industrial Business Zones link listed under Additional Information, above, to determine eligibility of business location.
                          • 3
                            Determine information required to submit a claim for credit on a tax return (on the General Corporation Tax or Unincorporated Business Tax).
                            • 4
                              Attach and submit the appropriate form (form NYC-114.6 for the Unincorporated Business Tax Return or form NYC-9.6 for the General Corporation Tax Return) with the business’ tax return.