Great location, ideal business climate

The Northwest Florida service area is strategically located along the Gulf of Mexico, offering access to deepwater ports, international airports, rail and major interstate corridors.

The region is home to six military installations that offer a skilled talent pool and pipeline in aerospace and defense, cybersecurity, logistics and distribution, advanced manufacturing and more. Already, companies like ST Aerospace, Navy Federal Credit Union and Eastern Shipbuilding call the region home.

Each year, the region’s education providers award more than 11,000 in-demand certificates and degrees in welding, computer science, engineering, business administration and more.

F-18 Hornet Fighter Jet
Scarlett Phaneuf
Economic Development Representative
  • scarlett.phaneuf@powersouth.com
  • (850) 424-5226

NW FLORIDA Solutions

Florida Tax


  • 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 tax on property
  • 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



  • Florida understands that businesses need certainty, predictability and efficiency in government regulations. The state’s regulatory agencies and local governments provide quicker, less costly and more predictable permitting processes for significant economic development projects.

Additional Tax
Abatements & Credits

Sales & Use Tax Exemptions on:

  • 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 equipment
  • Machinery and equipment used predominantly in research and development
  • Aircraft parts, modification, maintenance and repair, sale or lease of qualified aircraft

NW Florida Service Area Facts

0 Million +
Over 0% Growth
Higher than the national average
Average Age
0 / 76.1%
Labor force and participation rate
0 Minutes
Average commute time

NW Florida Economic Development Partners

NW Florida Workforce Organizations

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