Doing Business Here



#1 in the Southeast
– Florida is ranked 4th in the nation for the best business climate and #1 in the Southeast! The Tax Foundation ranks states annually, and Florida has held this position for the last XYZ years! The ranking is based on the following tax incentives: no-income-tax constitution; sales tax index; corporate tax index; property tax index; and unemployment insurance tax.

tax climate map

No, no, no. 

While we love saying yes, there are some things to which we say no:

  • No corporate income tax on limited partnerships
  • No corporate income tax on subchapter S corporations
  • No state personal income tax, guaranteed by Florida’s constitution
  • 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 180 days
  • No sales and use tax on goods produced in Florida for export
  • No sales tax on purchases of raw materials incorporated in a final product for sale
  • No sales and use tax on co-generation of electricity 

Right-to-work state.

This is a factor in Florida’s healthy economic growth and job creation. Fewer than half the states are right-to-work states.

Business friendly governments.

County and city governments have a decidedly pro-business posture, contributing to a business climate that facilitates corporate success and business growth.

Sales & Use tax exemptions.

Florida Offers a myriad of tax exemptions to lower business costs.