Bristol’s targeted incentive programs help companies that are located or doing business in Bristol by lessening the tax burden and lowering overall cost.
Tax Exemptions
Bristol Tax Stabilization Program
New commercial construction or rehabilitation projects could be eligible for a 5-10 year phase-in of property taxes. This program is designed for projects $250,000 or greater. Proposals must be reviewed prior to submitting in a permitting application with the Building Department. Please contact the Department of Community Development to learn more about the application process or download the PDF application.
Bristol Tangible Tax Exemption
Businesses that operate in Bristol and whose total tangible property is assessed at ten thousand ($10,000) or less can now request to be exempt from completing the full annual return and paying the applicable tax.
Federal Opportunity Zone Program
Investors with capital gains tax liabilities can make equity investments in businesses and real estate located in Bristol’s designated Opportunity Zone to receive special tax benefits.
Other Programs
Automated Commercial Trash Collection
Bristol is one of two municipalities in Rhode Island that offers trash collection services to businesses. Businesses can make a one-time purchase of a 65-gallon trash & recycling barrel and have rubbish collected through the Town’s weekly pickup schedule.
State & Federal Incentive Programs
Commerce Rhode Island
The Rhode Island Commerce Corporation is quasi-public agency that offers business assistance, access to funding and red tape reduction for companies of all sizes. Commerce RI helps businesses expand in and relocate to Rhode Island.
Rhode Island SBA
Created in 1953, the U.S. SBA is dedicated to small business and provides counseling, capital, and contracting expertise as the nation’s only go-to resource and voice for small businesses.
Contact Us
Address: 10 Court Street, Bristol, RI 02809
Hours of Operation: Monday – Friday | 8:00 AM – 4:00 PM
Eric Dickervitz
Operations Manager
Phone: 401-253-7000 ext. 133
Diane Williamson
Director of Community Development
Phone: 401-253-7000 ext. 126