Florida Tax Advantages

Florida’s stable and highly favorable tax climate provides advantages that make a Florida location profitable for every type of business.

Progressive legislation also ensures that Florida remains a worldwide hub for new and expanding businesses.

Florida has…

  • 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

Pro-Business Climate

 

Clay County has a vibrant, friendly and committed business community. The Clay County Chamber of Commerce and the Clay County Economic Development Council (EDC) work hard to promote increased prosperity by:

  • Supporting local existing business expansion by helping to remove any obstacle to growth
  • Promoting start-up enterprises and entrepreneurs
  • Recruiting and assisting relocating and expanding businesses to move to Clay County
  • Working with government and business leaders to maintain a pro-business environment

These private sector efforts are supported by the Clay County Board of County Commissioners (BCC), and Clay County appointed officials. The stated #1 priority of the BCC is "economic development."  Clay County officials work closely with new and growing businesses to help them achieve their goals.