Florida ranks among the best states for business and entrepreneurs because of its pro-business tax policies. Your business dollars go further given the state's limited corporate taxes and your employees benefit from 0% state personal income tax.
Florida has one of the lowest tax structures, with low corporate taxes and no state personal income tax. Your dollar goes farther in Northwest Florida, in both your corporate and personal finances.
| Corporate Income Tax | Individual Income Tax | Sales Tax | |
|---|---|---|---|
| Florida | 5.50% | 0.00% | 6.00% |
| Alabama | 6.50% | 5.00% | 4.00% |
| Georgia | 5.75% | 5.00% | 4.00% |
| Mississippi | 5.50% | 5.00% | 7.00% |
| Louisiana | 7.50% | 4.25% | 4.45% |
Florida’s Great Northwest is here to provide you the practical, on-the-ground resources and support you need for your business location/expansion project. From incentives to site selection to workforce development, we’ve got the expertise and connections to help your business be even more competitive with a Northwest Florida location.
