The package includes up to $25,000 worth of waivers in inspection and permit fees for larger companies.
Alpharetta needs to show it is willing to offer incentives after losing out on projects to other cities, assistant city manager James Drinkard said.
"We're going to have to start being more aggressive in terms of our marketing, in terms of our deal-making," he said.
Drinkard said local incentives often trigger state incentives that could bring large employers to Alpharetta.
State incentives can include a tax credit of $1,250 per job for five years, free job training through Georgia's Quick Start program and an income tax credit for certain costs for retraining employees.
Companies establishing or relocating their headquarters to Georgia may get a tax credit if within one year they invest $1 million and create 100 jobs.
Alpharetta'a package would waive all or up to $25,000 of building permit and inspection fees associated with building improvements. It would not include reinspection fees, fines or penalties.
To be eligible, a business would have to occupy at least 20,000 square feet of existing vacant space and create at least 100 full-time jobs paying at least $62,000.
Another north Fulton County city, Sandy Springs, has declared half off on fees collected by the Department of Community Development. Fees can include rezoning modifications, use permits, variances and sign permits.
Nick Masino, vice president for economic development with the Gwinnett Chamber of Commerce, said economic incentives are fairly common in metro Atlanta. "Everybody's doing bonds," he said. "That's very prevalent."
Bonds allow governments to provide tax abatements by transferring ownership of the site to a development authority. The business is given a break on taxes during the life of the bonds.
The waiving of fees is less common, Masino said.