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Incentives

This unique region of Florida has an abundant supply of land for business growth, allowing for site-specific development. For those desiring an existing site, there are business parks located throughout the region.

Doing Business In Florida

In addition to incentives aimed at stimulating economic activity, Florida also ranks as one of the best states to run a business because of its pro-business state tax policies:

  • No corporate income tax on limited partnerships or subchapter S-corporations
  • No state personal income tax
  • No corporate franchise tax on capital stock
  • No state-level property tax assessed
  • No property tax on business inventories
  • No property tax on goods-in-transit for up to 180 days
  • No sales and use tax on goods manufactured or produced in Florida for export outside the state
  • No sales tax on purchases of raw materials incorporated in a final product for resale, including non-reusable containers or packaging
  • No sales/use tax on co-generation of electricity