Florida Economic Development Incentive Programs

State - for more information regarding the incentives and exemptions listed below  contact, Enterprise Florida (except where otherwise indicated).

Targeted Industry Incentives

  • CITC (Tax Credit) – Capital Investment Tax Credit

Workforce Training Incentives (visit CareerSource Florida)

  • QRT (Job Training) – Quick Response Training

  • IWT (Job Training) – Incumbent Worker Training

Special Opportunity Incentives

  • Rural

  • Brownfield

Tax Advantages & Exemptions

  • NO corporate income tax on limited partnerships

  • NO corporate income tax on subchapter S-corporations

  • NO state personal income tax guaranteed by constitutional provision

  • 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

Sales and Use Tax Exemptions

  • Machinery and equipment used by a new or expanding Florida business to manufacture, produce or process tangible personal property for sale

  • Labor, parts and materials used in repair of and incorporated into machinery and equipment

  • Electricity used in the manufacturing process

  • Certain boiler fuels (including natural gas) used in the manufacturing process

  • Semiconductor, defense and space technology-based industry transactions involving manufacturing equipment

  • Machinery and equipment used predominantly in research and development

  • Labor component of research and development expenditures

  • Commercial space activity — launch vehicles, payloads and fuel, machinery and equipment for production of items used exclusively at Spaceport Florida

  • Aircraft parts, modification, maintenance and repair, sale or lease of qualified aircraft

  • Production companies engaged in Florida in the production of motion pictures, made for television motion pictures, television series, commercial music videos or sound recordings.

Taylor County - for more information regarding of the Ad Valorem Property Tax Exemption contact: Taylor County Development Authority

City of Perry - for more information regarding the City of Perry's incentives contact: City of Perry

The information provided above does not necessarily reflect all incentives and exemptions available. For more information regarding state, county and/or city incentives and exemptions, please contact the appropriate agency,

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Perry, Florida

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