The state of Florida ranks #1 in Innovation
Florida ranks #1 in the Nation for Higher Education
(U.S. News & World Report)
Florida is a well-run state with well-run policies, a regulatory framework that allows for innovation, a tax policy that allows for success. And those things are exciting. But more importantly, there's a culture of-- there's a lack of an entitlement culture, which is important. There's a cosmopolitan mix of people from a diverse set of backgrounds, from Europe, from Latin America.
(Keith Rabois, Founders Fund General Partner)
Rates & Incentives
Looking for a cost-effective location to take your business to new heights? FPL offers competitive electric rates and connects you with cost savings and incentives
Your business may qualify for tax exemptions that could help you save money if you are charged a Florida sales tax on your electric bill.
Still getting to know Florida? Check out our community profiles for helpful demographic information to learn more.
FPL's Office of Economic Development works with counties throughout the state to identify greenfield sites that are well positioned for industrial development.
Protecting our environment and preserving it for future generations is embedded in our culture. Florida is already home to the world's largest clean energy company, and our team is here to help other businesses make the move here.
With a growing workforce of more than 10 million, the No. 1 higher education system in the U.S. and nearly 100 innovative colleges and technical schools, Florida provides the talent that businesses across all industries need.
From the first PC to space exploration, Florida companies have been innovating beyond impossible for decades. That same pioneering spirit continues today across industries like clean energy, advanced manufacturing, life sciences and more.
The Florida Difference
Although it is known as the Sunshine State, Florida could just as easily be called the business-friendly state for startups, new businesses and expanding companies. Florida's government has assured an advantageous corporate tax structure and a wide array of incentives designed to spur economic growth to a competitive workforce and outstanding infrastructure. Florida features a low corporate income tax, favorable business tax climate, low cost of living and overall business friendliness. Unlike some other areas that are consistently ranked as the worst states to do business, Florida has been a top contender for decades. According to the U.S. Census Bureau, Florida is the 3rd-most populous state. Whether you own a small business or a large corporation and are expanding your footprint, this state ranks at the top for innovation and low cost of doing business. CNBC recently rated Florida a top 5 state for a strong economy.
How Can We Help You Get Moving Today?
Our team of experts can help you navigate complicated challenges, connect you with partners, and put all the pieces together. Have questions about the corporate tax rate, business environment, or even personal income tax? We are here to help.