Advantages For Consumers
- Shop in a safe, secure environment.
- Hundreds of quality stores to choose from.
- Enjoy the reduced 3.5% sales tax at participating
businesses.
Mission Statement
To promote business within the zone that generates new,
permanent jobs for local residents by providing a secure and
attractive environment throughout the zone; by providing
access to loans for small businesses; by enhancing access to
an appropriately trained and identified local labor pool; by
encouraging the use of local businesses in the supply of goods
and services amongst members of the zone; by promoting for the
equal opportunity of minority groups to participate as
owner/operators of businesses within the zone.
Frequently Asked Questions
What is the Bayonne Urban Enterprise Zone Program?
Utilizing a two-sided approach, the UEZ fosters financial
growth for the entire community. Businesses can benefit
from the various incentives funneled through the program,
while citizens receive increased job opportunities, in
addition to substantial savings when making retail purchases.
 How can I apply in the Bayonne
Urban Enterprise Zone?
Urban Enterprise Zone Certification Applications are
available at City Hall of Bayonne at 630 Avenue C or please
call 201-858-6357 and ask for either Dee Dee Bottino or Sheri
Hester
If I decide to join, what are the program
benefits for my business?
-Sales tax exemption for tangible personal property
-Sales tax exemption for materials, supplies or services used
to improve, alter or repair existing property
-Funding for facade improvement programs
-Corporation tax credits for hiring of full time employees
-Subsidized unemployment insurance costs for certain new
employees
-Priority assistance with NJ Job Training Program
What is
the reduced rate for collection of sales tax by vendors having
a UZ-2 Certificate?
Fifty percent of the regular sales tax rate.
Is there an
exemption for advertising material?
Yes, as long as the advertising material is used exclusively
at the place of business in the zone. This includes
handbills, flyers, sales catalogs, etc., for distribution at
the zone place of business, but does not include items used
for mailing to customers in New Jersey. Direct mail
advertising and processing services are not exempt from any
sales or use tax due.
 Are businesses ever denied
re-certification?
The answer is yes, if a qualified business is unable to
maintain the number of employees it had when it met the
employment tests required for qualification, the business no
longer meets the Criteria for being a qualified business and
the business loses its UEZ or UEZ impacted business district
benefits. The Local Coordinators in the zones will
answer questions about re-qualifications.
If a contractor
rents or leases a crane or other equipment for use on a
qualified business construction job, is the rental or lease
exempt from tax?
A rental or lease to qualified business for improving its
premises is exempt, but rental or lease to a contractor is
taxable.
A restaurant is a qualified business. Is
the reduced sales tax rate available for restaurant meals?
The reduced sales tax rate only applies to the sale of
tangible personal property. The sale of restaurant meals
or prepared foods or beverages is not considered the sale of
tangible personal property under the Sales and Use Tax Act.
| From the
initial 10 UEZ Zones that were designated in 1984, the
program has grown to 32 zones located in 35
municipalities throughout New Jersey. For a list
of UEZs call (609) 292-1912.
If you need help with your
application or have any questions call either Dee Dee Bottino
or Sheri Hester at
(201) 858-6357. |
|
The Urban Enterprise Zone
Program was enacted by the New Jersey State Legislature in
1983 to help stimulate new economic activity
Pay no state sales tax on building materials, services,
and most tangible personal property.
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