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Manufacturing
The region has developed a diversified manufacturing base that employs thousands
of workers and creates numerous products throughout Southwest Florida. Lee County
assists new manufacturers locating to the area, offering a variety of useful programs.
For assistance with your site selection or expansion process, please
contact us.
Southwest Florida’s Manufacturing Industry by the Numbers
SWFL Manufacturing
Profile
Florida Tax Advantages
- NO state personal income tax guaranteed by constitutional provision
- NO corporate income tax on subchapter S-corporations or limited partnerships
- NO state-level property tax assessed
- NO corporate franchise tax on capital stock
- NO property tax on goods in transit up to 180 days
- NO sales tax on raw materials incorporated into final products
- NO sales and use taxes on goods produced for export
- NO property tax on business inventories
Sales and Use Tax Exemptions
- Purchases of machinery and equipment used by a new or expanding Florida business
to manufacture, produce or process tangible personal property for sale
- Labor, parts and materials used in repair of and incorporated into machinery and
equipment that qualify for sales tax exemption upon purchase
- Electricity used in the manufacturing process
- Semiconductor, defense and space technology-based industry transactions involving
manufacturing or research and development equipment
- Aircraft parts, modification, maintenance and repair, sale or lease of qualified
Aircraft
- Labor component of research and development expenditures