BUSINESS CLIMATE

Monroe

Monroe is very conveniently located near Chicago, Madison & Milwaukee, granting easy access to the region.  The City of Monroe has a friendly small town life with easy access to everything you need to make your business successful and your social life fulfilling.

Corporate Income Tax

Businesses are subject to a flat 7.9% tax on income.

There are several tax credit programs that can help businesses reduce their Federal and State tax liability, which in turn helps businesses create jobs, boost local economies and help new employees obtain and retain jobs.

Early Stage Investment and Tax Credits

Technology-based economic development is one of the key elements of Governor Jim Doyle's "Grow Wisconsin" initiative, and there are many tax credit, grant and loan programs to assist high-potential technology businesses.

The Angel Investment and Venture Capital Tax Credit programs are designed to encourage investment in small, high-technology businesses that have high growth potential. Qualified new business ventures include early-stage businesses conducting pre-commercialization activities related to proprietary technology. Additionally, angel investors, angel investment networks and venture capital seed funds may qualify for Wisconsin tax credits by investing in these designated companies. Visit the Wisconsin Department of Commerce for more information on these incentives.

Corporate, Workforce and Community Incentives

This region has a number of corporate, workforce and community incentive programs, including:

If you have questions regarding these or other incentives, please contact the Chamber Office at 608.325.7648 or email thechamber@tds.net.