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Some of the Tax Advantages for a Company Located in Florida Include:
  • 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 boiler fuels
  • NO sales/use tax on co-generation of electricity

 

Cost-of-Living

The cost of living in Flagler County, Florida can be a great incentive in the recruitment of potential employees.  Utilizing a cost-of-living calculator, users may directly compare the living costs in one area against another since the price of goods and services varies from one city to the next.   Analysis includes housing, transportation, food, entertainment, healthcare and education costs. 

NerdWallet Cost-of-Living Calculator