Maine's Office of Business Development
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Why Maine?
Pine Tree Development Zones: PTZ Certified...Now What?Pine Tree Development Zones: PTZ Certified...Now What?
A company has received its letter of Pine Tree Development Zone certification from DECD. As a certified business you should be aware of the following requirements of the program:

• Hire and retain at least one net-new employee above employment baseline within first two calendar years of certification
• Complete and return the Notice for Sales/Use Tax Exemption Certificate to Maine Revenue Services to receive company's exemption certificate
• Contact your local electric service provider to negotiate a reduced rate


Annual Filing Requirements

 

• DECD will notify businesses to file an annual report on company's net new jobs and investment activity



•DECD will notify businesses to file an ETIF reimbursement request by April 15th for the previous calendar year reflecting net new hires.



See the Legislation and Rulings page for tax information


Maine has 8 business development experts strategically located throughout the state. These specialists make sure hundreds of companies and economic development organizations take advantage of Maine's valuable business resources.


Contact
Please contact your local Business Development Specialist for more information.

Take Your Business In A New Direction
1.800.541.5872 - Copyright, DECD, The Maine Office of Business Development
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