State 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.

• Workforce Training Incentives
• Target Industry Incentives
• Infrastructure Incentives
• Special Opportunity Incentives

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