Florida
Taxes and business formation • USA 2025–2026
Corporation in Florida
Tax system of Florida
Income Tax
A key feature of Florida is the absence of a state personal income tax, which is one of the main advantages of living and doing business in the state.
Sales Tax
Florida's base sales tax rate is 6%. Some counties add a local surtax of 0.5% to 2.5%. The tax applies to many goods and services, such as sales of merchandise, commercial real estate rentals, and certain services. Determining the taxable base and the applicable rate can be complex and requires a professional approach. We provide services for obtaining a Sales Tax Certificate, preparing and filing the Sales and Use Tax Return, and we advise business owners on registration, calculation, and reporting.
Property Tax
The property tax rate varies by county and averages about 0.83% of the assessed value of the property.
Business Taxes
The corporate income tax applies only to C-corporations and does not extend to S-corporations. The rate is 5.5% of taxable income.
Annual Reporting
LLCs and corporations are required to file an Annual Report by May 1. If you have difficulty filing it, we provide services for preparing and filing this report.
Excise Taxes
Florida levies excise taxes on items such as alcohol, tobacco, and fuel. These charges vary depending on the category of goods.
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