Florida is a business-friendly state

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In Florida, businesses typically have less red tape to deal with and quicker approvals for permits and other paperwork. State permitting fees are lower than in other states. Additionally, the state offers the Capital Investment Tax Credit to encourage businesses with capital needs to move to Florida. It also boasts Quick Response Training and Incumbent Worker Training incentives for companies planning employee training initiatives. Additional tax credits, funding and business grants are available for research and development, redevelopment and high-impact businesses.


Other incentives include sales tax exemptions for manufacturing equipment, R&D equipment, semiconductors, defense and space technology equipment and more. 11. Florida consistently invests list of oman cell phone numbers in its infrastructure. Florida is a big state. To keep it well-connected, the state government is committed to investing in building and maintaining its roads, highways, bridges and other infrastructure. Its SunPass toll system keeps traffic moving on the Florida Turnpike and other toll roads, and its ports are in good repair and bustling.


It has over 120,000 miles of roads, over 2,700 miles of freight rail tracks and 14 deep-water ports. 12. Florida is a technology hub. Florida is the No. 1 state in the country for new high-tech business establishments, partly because of the presence of NASA at Cape Canaveral. Florida ranks second in the country for aerospace manufacturing and boasts technology innovation zones, research and development incentives and an educated workforce. Tip If you're relocating and dealing with excess inventory, consider using an inventory liquidator, donating excess inventory for a tax break, or conducting promotional giveaways.