SOUTH FLORIDA:
A PRO-INDUSTRY, PRO-BUSINESS CLIMATE
Florida consistently earns top rankings as one of the premier states for business, thanks to its pro-business tax policies, competitive cost structures, and efficient regulatory framework. Collaborative efforts between the local government and Economic Development Council of South Miami-Dade, among others, ensure a favorable business climate tailored to companies of all sizes, including some of the nation’s corporate giants.
Florida provides a cost-effective alternative to high-tech states, offering more affordable land, labor, and capital. Our state regulatory agencies and governments prioritize swift, cost-effective, and predictable permitting processes for major economic development endeavors — without compromising environmental standards. And with our zero percent personal income tax, financial freedom, and business opportunities are boundless.
Businesses flock to Florida for its ever-growing range of industries, tax perks (e.g. no personal income tax and no corporate income tax for entities with limited partnerships and sub-chapter S-corporations), and seamless international connections, especially with our neighbors in Latin America. It’s like a dream come true for expanding businesses.
Peter England
EDC Chief Strategy Officer