Relocating my busin...
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Relocating my business to STX

Posts: 1
New Member
Topic starter

I am planing to relocate my welding business from N.J. to STX are there any tax incentives or assistance for me ?

Posted : January 23, 2017 3:58 pm
Posts: 12366
Illustrious Member


Check out link.
Cost of doing business can be high so do your research.

Posted : January 23, 2017 5:05 pm
Posts: 2427
Noble Member

Congratulations on the move. We can use all the help we can get.

Posted : January 24, 2017 3:14 am
Posts: 2888
Famed Member

Steer clear of our EDC program. They'll want to dictate who you hire, who you fire and redirect most of your profit to one of the programs the governor's relatives operate.

Posted : January 24, 2017 10:58 am
Posts: 12366
Illustrious Member

You might want to check with DLCA:

Posted : January 24, 2017 11:03 am
Posts: 703
Honorable Member

Just be prepared to live here for several months while getting a lisense to operate a business here. I've had friends come here and had to wait up to 4 months before it was finally processed. That could be a deal breaker for someone trying to start a small business.

Posted : January 24, 2017 11:22 am
Posts: 862
Prominent Member

It took me 20 days from start to finish to get my business license 2 years ago, and this included a liquor license.

You have to stay on top of the process and the DLCA (go to the office in person and talk to them, ask questions, call frequently to check on status, be nice and friendly etc) then it can be done quickly.

Good welders, mechanics and other construction services seem to always be in demand. There are a couple larger welding companies on island--Tang How and Florida Welding come to mind--so you may want to check those out.

You could potentially be able to get EDA or EDC benefits if you employ more than 10 people (a large percent of which must be VI residents). Getting approved can be an arduous (long) process with many requirements. But it can be done. Check out for more info.

Good luck!

Posted : January 24, 2017 2:51 pm
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