Florida is ranked as one of the best states to do business due to a low cost of labor,
low regulations and zero state income tax.
The City can consider tailor-made incentives for new, expanding or relocating companies as well as for new developments.
In Florida there is...
NO Corporate Income Tax on limited partnerships
NO State Personal Income Tax
NO Corporate Franchise tax on Capital Stock
NO State-Level Property Tax assessed
NO Property Tax on Business Inventories
NO Sales Tax on Manufacturing Machinery & Equipment
NO Property Tax on Goods-in-Transit for up to 180 days
NO Sales Tax on Purchases of Raw Materials Incorporated in a Final Product for Resale, including Non-Reusable Containers or Packaging
NO Sales/Use Tax on Co-Generation of Electricity
NO Sales and Use Tax on Goods Manufactured or Produced in Florida for Export Outside the State
Lee County Incentives
Cape Coral is located in Lee County, Florida. A number of incentives are available through our partner agency–the Lee County Development Office
Download the QRT Grant Guide
Download the guide to learn more about the Quick Response Training (QRT) and the Incumbent Worker Training (IWT) grants. These are great programs to help start or expand your company today.
- Created in 1993
- Served more than 600 businesses
- Trained at least 139,463 workers
- Awarded nearly $160M in grants