Florida has a variety of advantages that make it a profitable site for nearly every type of business. Progressive legislation continues to ensure that Florida will remain a magnet for new and expanding businesses.

  • Corporate income tax on limited partnerships
  • Corporate tax on subchapter S-corporations
  • State personal income tax guaranteed by constitutional provision
  • Corporate franchise tax capital stock
  • State-level property tax assessed
  • Property tax on business inventories
  • Sales and use tax on goods manufactured or produced in Florida for export outside the state
  • Sales tax on purchases of raw materials incorporated in a final product for resale, including non-reusable containers or packaging

Investment Programs

State of Florida
  • QTI – Qualified Target Industry Program
  • QRT – Quick Response Training Program
  • EDFT – Economic Development Transportation Fund
  • Urban Job Tax Credit Program
  • Incumbent Worker Training
  • Machinery & Equipment Sales Tax Exemption
  • Capital Improvement Tax Credit
  • Waiver of Sales Tax on Power Consumption by Manufacturers

Marion County
  • EDFIG – Economic Development Financial Incentive Grant
  • IDBs – Industrial Development Bonds

City of Ocala
  • EIP – Economic Investment Program