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South Carolina

Overview

South Carolina is located in the southeastern US on the Atlantic coast. Columbia is the state's capital, while Charleston is the largest city. South Carolina is the 40th largest state by land area and has approximately 5.57 million residents, making it the 23rd most populous state. In 2025, South Carolina's GDP was $378,830,600,000.

South Carolina’s economic connection to Qatar is centered on high-value aerospace manufacturing and expanding international trade partnerships. A massive pillar of this relationship is driven by Qatar Airways, which finalized a historic $96 billion transaction with Boeing to purchase up to 210 aircraft, including 130 of the 787 Dreamliner models manufactured directly at the Boeing North Charleston facility. This surging commercial aviation pipeline, combined with localized infrastructure investments, successfully propelled Qatar into the list of South Carolina's top 10 global export partners.

South Carolina's corporate income tax is a flat 5%. South Carolina has multiple foreign trade zones and a robust portfolio of state economic incentive programs, including the Job Tax Credit, the Corporate Headquarters Tax Credit, and the Manufacturing Property Tax Exemption. To make it even easier for incoming corporations to set up operations, the state offers a complete exemption from local property taxes on all inventory, wholesale products, and manufacturing equipment.