Ohio Job Creation Tax Credit

The Ohio Job Creation Tax Credit is a refundable credit that rewards companies creating new jobs with above average wages. Because it is refundable, companies can benefit even if their tax liability is limited. This flexibility makes the program attractive for high growth firms, especially those investing in new facilities or large scale workforce expansion.

The application process requires a deep review of hiring plans, wage levels, and operating costs. Ohio considers whether the project will bring long term economic benefits to the region, including supply chain activity and overall payroll growth. Companies must show that Ohio is competing with other states for the project.

The program is awarded competitively, which means Ohio selects projects with strong impact profiles. Successful applicants often combine the credit with local incentives such as property tax abatements or training support. This combination can significantly reduce the total cost of expansion.

Industries such as advanced manufacturing, logistics, technology, and corporate services frequently rely on this program because it offsets payroll expenses during critical growth phases. The predictability of the credit helps companies plan confidently for multi year hiring.