Take advantage of the great incentives at the Lake of the Ozarks!

The Lake of the Ozarks has some of the lowest tax rates in Missouri!


One big reason to consider moving your business to the Lake of the Ozarks area is the low tax rates for businesses and their employees.  The taxable wage base in Missouri is $11,000 , meaning an employer pays contributions/taxes on the first $11,000 paid to each employee. After the taxable wage base has been met, the employer continues to report the individual for the remainder of the year but is no longer required to pay taxes on those wages.

The new employer contribution rate for general employers is 3.51% with the exceptions being those new employers in the construction-related industry, those employers are assigned a rate of 3.832% and employers in the mining industry receive the contribution rate of 3.567%.


Sales Tax rates for the Lake Area

Camden County - 5.475%
Miller County - 5.725%
Morgan County - 5.725%


Camdenton - 7.475%
Eldon - 8.125%
Lake Ozark - 7.725%
Laurie - 7.725%
Osage Beach - 7.475% to 8.725% depending on area
Versailles - 7.725%



Incentives to Move your Business to the Lake of the Ozarks


There are many Missouri business incentive programs available that can be tailored to fit your project or business move.  Here is a list of incentives offered by the State of Missouri:

  • Enterprise Zone

  • Enhanced Enterprise Zone

  • CDBG Action Fund Loan Program

  • CBDG Loan Guarantee Program

  • CDBG Interim Financing Loan

  • CDBG Micro-enterprise Loan

  • CDBG Industrial Infrastructure Grant

  • CDDG Water and Sewer Program

  • Work Opportunity Tax Credit

  • Property Tax Abatement

  • Community College New Jobs Program

  • Customized Training Program

  • New Enterprise Creation Act

  • CAPCO (Certified Capital Company) Program

  • MODESA (Missouri Downtown Economic Stimulus Act)
These programs are wide ranging in their scope and assistance provided and will offer incentive opportunities for most businesses looking to move to the Lake of the Ozarks.  For a description of each of these incentive programs, please visit http://loredc.com/incentives.asp.

If you would like further information on the incentive programs available or would like further information on moving your business to our beautiful lake area, please contact us at 573-569-7420!

Please subscribe and enjoy!

Lake of the Ozarks Regional Economic Development Council
1000 City Parkway
Osage Beach, MO 65065  
573-569-7420  

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Location: Osage Beach, MO 65065, USA

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