– BUSINESS BENEFITS –
Tax AdvantagesLow Taxes
Our team can provide tailored guidance on the tax advantages available to businesses operating in Boerne and Kendall County.
property tax rates
Texas benefits
Texas’ business-friendly tax structure continues to be a major advantage for companies and families choosing Kendall County. A combination of zero income taxes and meaningful property exemptions creates long-term stability, predictable costs, and a competitive environment for growth.
Key advantages include:
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Texas has no state personal income tax
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Texas has no corporate income tax
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No estate property tax
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No inheritance tax
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Residential homestead exemption
PROPERTY TAX RATES
Texas Business Taxes
Franchise Tax
Texas administers a franchise tax calculated on a business’s taxable margin, not traditional net income. For reports due in 2024 and beyond, retail and wholesale entities are taxed at 0.375% of margin, and all other taxable businesses are taxed at 0.75%.
Unemployment Tax
Texas employers are required to pay state unemployment tax on the first $9,000 in annual wages paid to each employee. New employers are assigned a tax rate equal to 2.7% or the NAICS industry average rate—whichever is higher—for a minimum of six quarters while they establish an experience rating. After this period, employers may qualify for an adjusted experience-rated tax rate based on their actual employment history.
Ad Valorem (Property) Taxes
Property taxes in Texas are levied by local taxing authorities and are based on a property’s market value as of January 1 each year. Businesses and homeowners may qualify for certain exemptions or special valuations depending on use and eligibility.
State Sales Tax Exemptions
Texas provides numerous sales tax exemptions that help lower operating costs for businesses and organizations across the state. From manufacturing and agricultural exemptions to nonprofit purchases and resale activities, these benefits can make a meaningful difference in a company’s bottom line.
Looking to grow in Kendall County?
BOERNE AND KENDALL COUNTY
CONTACT
830-331-9070
HOURS
Monday-Thursday: 9am - 5pm
Friday 9am - 4pm
VISIT
Boerne Kendall County Economic
Development Corporation
1221 S. Main Street, Suite 100
Boerne, Texas 78006
