INCENTIVE DESCRIPTION

State: FL
Incentive Type: Special Purpose Zone Incentives and Credits
Incentive Title: Enterprise Zone Credits
Description: ENTERPRISE ZONE CREDIT- Enterprise zone program offers various tax incentives to businesses locating in a rural or urban enterprise zone. For rural zones benefits can include a credit or refund can include (a) sales and use tax credit and income tax credit of 30% or 45% of new employee wages, (b) income tax credit of 96% of property taxes, (c) sales and use tax exemption of building materials, and (d) 50% of sales tax exemption of electrical energy. For rural zones benefits can include a credit or refund can include (a) sales and use tax credit and income tax credit of 15%, 20%, or 30% of new employee wages, (b) income tax credit of 96% of property taxes, (c) sales and use tax exemption of building materials, and (d) 50% of sales tax exemption of electrical energy.
Eligibility Requirements: Must be a qualified business, be located in a rural or urban enterprise zone, and complete all preapplications and obtain approvals.
Geographic Restrictions: Statewide
Granting Authority: State of Florida


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.