Business-Friendly Environment
Georgia leaders have expressed a clear commitment to fostering a competitive and business-friendly environment, making it an attractive destination for companies seeking growth and stability. Georgia’s tax structure is business and family friendly and among the most stable in the country. The state and Alpharetta both maintain a AAA bond rating, demonstrating responsible fiscal management and optimal taxpayer value.
Georgia State Corporate Taxes
5.19%
Local Sales Tax
7.75%
(Inclusive of both state and local benefits)
Alpharetta Occupation Tax
A highly affordable occupation tax is levied upon those businesses and practitioners of professions and occupations with one or more locations or offices within the corporate limits of the city, and upon the applicable out-of-state businesses with no location or office in the state, pursuant to O.C.G.A. § 48-13-7, based upon the following criteria:
| General Classification | |
|---|---|
| Administrative Fee | $75.00 |
| Occupation Tax Fees | Calculated based on the total number of Full-Time Employees (FTEs). Two part-time employees constitute one full-time employee. |
| Total Full-Type Employees (FTEs) | Tax Base Rate |
| 1 to 4 | $125.00 plus $10.00 per employee |
| 5 to 10 | $200.00 plus $10.00 per employee |
| 11 to 25 | $325.00 plus $10.00 per employee |
| 26 to 49 | $475.00 plus $10.00 per employee |
| 50 and above | $175.00 plus $17.00 per employee |
| Insurance Companies Pay | Flat fee of $150.00 |
Insurance Companies
Insurance companies pay an Insurance State Premium Tax on the gross direct premiums the insurer underwrites for life, accident, and sickness within the state:
- Life policies – 1% of gross premiums.
- All other policies – 2.5% of gross premiums.
- Financial Institutions – Pay a local gross receipts tax on deposits of .25%.
Property Tax
Property tax rates (millage rates) in Alpharetta are set locally by the City of Alpharetta, Fulton County, and the Fulton County Public Schools. These rates apply to both real estate property and personal property, including Furniture, Fixtures, and Equipment (FF&E). FF&E is subject to a depreciation schedule that impacts its assessed value for tax purposes. The combined property tax rate of all three taxing jurisdictions is $31.87 per $1,000 of assessed property value. Property is assessed at 40% of its fair market value.
Note: This amount is inclusive of Alpharetta’s $5.75 levy per $1,000 of assessed property value.