DeSoto County Florida | Economic Development Office | 201 E. Oak Street | Suite 201 | Arcadia, FL 34266 | Phone: 863-993-4800 | Fax: 863-993-4808
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VERDANT OPPORTUNITY

Fruitful incentives and a fresh approach
to growth—Reap rich rewards in DeSoto County, FL.


Our citrus isn’t the only low-hanging fruit in DeSoto County. In a state with zero personal income tax, a corporate tax rate of only 5.5% and a sales tax rate of only 6%, we’re also generous with business tax credits, refunds and exemptions.

Local Incentives:

  • „„Rural Jobs Tax Credit: For eligible business, a $1,000 tax credit for each qualified employee, up to $500,000 in tax credits for job creation per calendar year.
  • „„Ad Valorem Tax Exemption: For qualifying businesses, an exemption for up to 100% of the County Ad Valorem taxation, for a period of up to 10 years.
  • Business Incentive Grant: This program can be used to provide incentives to qualified applicants for job creation, capital investment or to offset infrastructure improvement costs.
  • „„Rapid Expedited Development Incentive (REDI) Permitting: Reduced review and a unified permitting process get your operation rolling with ease.
  • „„Qualified Targeted Industry Tax Credits: Pre-approved applicants receive tax credits of up to $7,000 per net new full-time equivalent job created.
  • „„Sales Tax Exemption on Electricity for Manufacturing: Qualifying businesses will be granted either a 50% or a 100% exemption of the sales tax on the charges for electricity or steam used in manufacturing.

863.993.4800
201 E Oak St, Suite 201
Arcadia, FL 34266
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Featured Property

6509 NE Masters Ave

6509 NE Masters Avenue
Arcadia, FL 34266

Peace River Retreat on 10 or 20 Acres (+/-) - Gorgeous and RARE River Front Property Includes flowing well,  Cleared walking/driving paths, Large deck up on stilts (start of a cabin) Abundant wildlife…/
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201 E Oak St, Suite 201
Arcadia, FL 34266

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863.993.4800

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.(JavaScript must be enabled to view this email address)