Site Selection and Incentives Advisory
Kroll has a proven track record of assisting companies with location strategies in the U.S. and around the globe.
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Our world-class site selection and economic development specialists identify clusters of skilled workforces and find dynamic communities that attract and retain talented employees.
Attracting and retaining a skilled workforce is becoming increasingly important to the long-term success of many companies. These organizations are willing to relocate or open new facilities to tap workforce clusters that are moving and shifting as more millennials enter the labor force.
Emerging workforce centers and overlooked cities offer significant tax and non-tax financial incentives to businesses in return for job creation and capital investment. Kroll is a leader in helping businesses find these cities and secure such incentives. Since inception of the practice, we have worked on projects involving $12.4 billion of capital investment and have secured more than $3.5 billion of incentives.
Kroll offers the agility, expertise and local contacts to help companies select sites that meet future workforce needs and secure value from business incentives, reduce above-the-line operating costs, enhance cash flow and raise return on investment. We understand the importance of approaching governments well in advance of a project's announcement. Incentives may be available if a company is adding 10 or more employees to a single location or expending at least $1 million to create or expand new facilities or relocate operations.
SITE Selector™ Digital Marketplace
Kroll SITE Selector™ is the premier online portal that streamlines the site selection process for economic development organizations (EDOs) and growing companies, providing information, tools and a workflow to analyze, refine, select and negotiate for maximum impact and efficiency.
Incentive Management Systemsm
Kroll’s Incentive Management Systemsm is a leading-edge online tax credit and negotiated incentive analysis, tracking and compliance tool. It enables our clients to monitor and manage their federal, state and local incentives to help ensure the incentives secured are actually realized. It also helps them accurately document tax and financial activity for financial reporting purposes.
New Markets Tax Credit (NMTC) Consulting
Kroll provides comprehensive, turnkey strategic advisory and consulting services to real estate developers, operating businesses, not-for-profit corporations (qualified low-income community businesses or QALICBs) and Community Development Entities (CDEs).
SALT Minds – State and Local Tax Blog
Kroll Tax Services specialists regularly publish the latest and most relevant state and local tax (SALT) developments to assist clients with their complex issues.
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