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Enterprise Zone Incentives

Florida's Enterprise Zones were established to support business location and expansion, resulting in increased employment opportunities and new capital investment. Businesses taking advantage of Enterprise Zone incentives will greatly reduce location and operating costs. All six counties in Florida's Heartland region have Enterprise Zones.

Incentives available in Rural Enterprise Zones

The Florida Enterprise Zone Program offers various tax incentives to businesses located within the designated enterprise zones. In addition, local governments may also offer their own incentives.

Listed below are all of the Florida incentives for businesses located in an Enterprise Zone. Click on the name of the incentive for further details.

Jobs Tax Credit (Sales Tax)

Allows a business located within a Rural Enterprise Zone to take a sales and use tax credit for 30 or 45 percent of wages paid to new employees who live within a Rural County. To be eligible, a business must create at least one new job. The Sales Tax Credit cannot be used in conjunction with the Corporate Tax Jobs Credit. Learn more about the Jobs Tax Credit.

Jobs Tax Credit (Corporate Income Tax)

Allows a business located within a Rural Enterprise Zone to take a corporate income tax credit for 30 or 45 percent of wages paid to new employees who reside within a Rural County. To be eligible, a business must create at least one new job. The Corporate Tax Credit cannot be used in conjunction with the Sales Tax Credit. Learn more about the Jobs Tax Credit.

Business Equipment Sales Tax Refund

A refund is available for sales taxes paid on the purchase of certain business property, which is used exclusively in an Enterprise Zone for at least 3 years. Learn more about the Business Equipment Sales Tax Refund.

Building Materials Sales Tax Refund

A refund is available for sales taxes paid on the purchase of building materials used to rehabilitate real property located in an Enterprise Zone. Learn more about the Building Materials Sales Tax Refund.

Property Tax Credit (Corporate Income Tax)

New or expanded businesses located within an enterprise zone are allowed a credit against Florida corporate income tax equal to 96% of ad valorem taxes paid on the new or improved property. Learn more about the Property Tax Credit.

Sales Tax Exemption for Electrical Energy

A 50% sales tax exemption is available to qualified businesses located within an Enterprise Zone on the purchase of electrical energy, if the municipality has reduced the municipal utility tax by at least 50%. Learn more about the Sales Tax Exemption for Electrical Energy.

Community Contribution Tax Credit Program

Allows businesses a 50% credit on Florida corporate income tax, insurance premium tax, or sales tax refund for donations made to local community development projects. Businesses are not required to be located in an enterprise zone to be eligible for this credit. Learn more about the Community Contribution Tax Credit Program.

Property Tax Exemption for Childcare Facilities

Provides an exemption from ad valorem property tax for licensed childcare facilities operating in areas designated as enterprise zones. Learn more about the Property Tax Exemption for Childcare Facilities.