Local incentives

City Economic Development Ad Valorem Tax Exemption (EDATE)

The Economic Development Ad Valorem Tax Exemption (EDATE) allows new or expanded businesses located in the City of Pensacola to apply for up to 10 years' exemption from Ad Valorem taxes for the value of the improvements to real property and tangible personal property.

Form DR-418

County Economic Development Ad Valorem Tax Exemption (EDATE)

Escambia County also offers an EDATE incentive.

State Incentives Page

Targeted industry incentives (PDF)

  • Qualified Target Industry Tax Refund (QTI)
  • Qualified Defense and Space Contractor Tax Refund (QDSC)
  • Capital Investment Tax Credit (CITC)
  • High Impact Performance Incentive Grant (HIPI)

 Workforce training incentives

Special opportunity incentives

Florida tax advantages

Florida has:

  • NO corporate income tax on limited partnerships or subchapter S-corporations
  • 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 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 tax exemptions and credits