Florida leads the nation as a premier destination for business growth and innovation, boasting the #1 ranking for new high-tech companies, zero state or individual income taxes, and a thriving economy that now stands as the 16th largest in the world.
At a Glance
- #1 state in new high-tech businesses
- 5.5% corporate income tax & 0% individual or state income tax
- 15th largest economy in the world
- #1 net tech employment in the Southeast
- 2nd largest trade zone network in the U.S.
- 3.6 million active businesses, including 71,425 foreign corporations
- #1 state for higher education + top producer of STEM graduates
- 4th best tax climate in the U.S.
- #1 state for new business formation
- 21 commercial airports
- 3 spaceports
- 14 deepwater seaports
- 120K+ miles of roadways
- 2,700+ miles of freight rail
- 6th largest export state in the U.S., with Florida-origin exports of $67.7B $67.7B
- 3rd largest workforce in the U.S.: 10+ million
Florida: The Competitive Edge for Business
Companies are drawn to Florida for its pro-business tax climate: with just a 5.5% corporate income tax and no state or individual income tax, profitability is easier to maintain—making Florida the 4th best state for corporate tax climate. The result? Over 3.6 million active businesses—including 71,425 foreign corporations—rely on Florida’s supportive environment to grow, invest and expand.
Technology, Workforce and Infrastructure
Florida is the #1 state for new business formation and net tech employment in the Southeast, supported by more than 10 million workers—giving it the third-largest workforce nationwide. The infrastructure is world-class, with 21 commercial airports, 3 spaceports, and 14 deepwater seaports. The state’s second-largest trade zone network and 120,000+ miles of roadways plus 2,700+ miles of freight rail keep goods and talent moving efficiently, fueling rapid business expansion.
Trade, Global Reach and Innovation
Florida is the 6th largest export state in the U.S., exporting $67.7 billion worth of goods—connecting local companies to the world’s markets. Its open economy and innovative spirit attract investment from around the globe, with significant numbers of foreign corporations choosing Florida as their U.S. base.
Why Florida?
Whether it’s tech startups or international conglomerates, Florida’s combination of low taxes, skilled labor, modern infrastructure, and open trade make it a magnet for businesses ready to invest, grow and thrive. As visualized in the infographic, these numbers highlight why Florida continues to attract business leaders and investors from every corner of the globe.
