St. Pete is rapidly becoming the go-to destination for business leaders looking for a place where their people and business can thrive. And we understand why. To start, St. Pete offers a talented, cultured and business-friendly community where companies can strategically grow and make an impact—while also providing attractive business incentive programs, that help make the move to St. Pete even better.

There’s So Much More

While a talented workforce and progressive community are important factors—there’s so much more to the city of St. Pete, because it truly is a place where you can grow your business & save where it counts. From small business incentive programs to corporate incentive programs, there are a range of incentives to be shared across businesses of every shape and size.

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Advantages of Doing Business in St. Pete

  • NO corporate income tax on limited partnerships
  • NO corporate income tax on subchapter S-corporations
  • NO state personal income tax guaranteed by constitutional provision
  • NO corporate franchise tax on capital stock
  • NO state-level property tax assessed
  • NO property tax on business inventories
  • NO property tax on goods-in-transit for up to 180 days
  • NO sales and use 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
  • NO sales/use tax on cogeneration of electricity


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