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Economic Development Office

	Top 10 Reasons Cape Coral is the Natural Fit for Your Business
	Cape Coral offers numerous opportunities and business incentives for relocation and expansion. The City of Cape Coral and the State of Florida offer a variety of tax advantages for corporations looking to relocate to Florida. Your business could qualify for up to $25 million in incentives to relocate or expand in our growing community. Contact our Cape Coral Economic Development Office today for information about our customized business incentives.

	Top 10 Reasons
	1 Business Environment 2 Costs & Incentives 3 Location & Infrastructure 4 Commercial Real Estate 5 Business Opportunities 6 Trained Workforce 7 Higher Education 8 Tropical Communities 9 Quality of Life 10 EDO: Liaison & Advocate

	Competitive Costs and Business Incentives
	Cape Coral Business Incentives Competitive Costs and Customized Economic Development Business Incentives Allow You to Maximize Your Investment As reported by the New Geography Online, the Cape Coral/Fort Myers Metropolitan Area positioned itself as the Best Mid-Sized Florida City For Job Growth in 2012. [New Geography, May 2012] Biz Journals ranked Cape Coral in *Top Ten Places to Open a Business*.[Biz Journals, 2009] Florida offers competitive cost-of-doing-business and is consistently ranked as one of the top pro-business states in the country. Florida is one of only a few right-to-work states in the U.S. and its tax system clearly provides a business-friendly environment, and many tax incentives for businesses. The City of Cape Coral also offers unique economic development business incentives. Our city has no public service tax and Florida has a low corporate income tax rate, a 6% sales tax, and no personal income tax. Learn more about Cape Coral's Business Incentives.


	It Costs Less to do Business in Cape Coral Florida offers competitive cost-of-doing-business and is consistently ranked as one of the top pro-business states in the country. For 2012, Chief Executives ranked Florida as the 2nd Best State for Business. [Chief Executive Magazine, April, 2012] Business incentives, resources, and personalized assistance are available from the City of Cape Coral for businesses looking to relocate or expand into Southwest Florida. The Economic Development Office maintains a portfolio of tools for assistance, and routinely designs business incentives to meet special situations and coordinates state and county incentive programs.


	Business Tax Incentives for Corporations Our city has no public service-tax, and Florida has a low corporate income tax rate and no personal income tax. In fact, Florida has the fifth most business-friendly tax system in the U.S., according to the Tax Foundation’s 2010 State Business Tax Climate Index (September 2009). Tax incentives for businesses in Florida include: No corporate income tax on limited partnerships No corporate income tax on subchapter S-corporations No corporate franchise on capital stock No state personal income tax No state-level property tax assessment No property tax on business inventories No property tax on goods manufactured or produced in Florida for export outside the state No sales tax on purchases of raw materials incorporated in a final product for resale, including non-reusable containers or packaging


	Competitive Cost of Doing Business Cape Coral was created as a residential community, but as the city has grown, its local government has demonstrated commitment to encouraging business growth and diversifying the economy. One of the most attractive business incentives is the operational cost savings for businesses located within Cape Coral. The city has no public service tax, therefore, it is less expensive to do business here than in other communities. Residents enjoy low taxes, affordable waterfront housing, and a competitive cost of living. Florida ranked as the 2nd Best State for Business in 2012 [Chief Executive Magazine, April, 2012] Commercial properties can be leased at low prices. The City offers three distinct investment zones, two industrial parks and two Foreign Trade Zones for a total of 3,844 acres for commercial/industrial development.

City of Cape Coral
Economic Development Office

City Hall
1015 Cultural Park Blvd.
Cape Coral, FL 33990

P: (239) 574-0444
F: (239) 574-0452
T: (866) 573-3089

Email: ecodev@capecoral.net
http://bizcapecoral.com