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Incentives

St. Pete is rapidly becoming the go-to destination for business leaders looking for a place where their people and business can thrive. And we understand why. To start, St. Pete offers a talented, cultured and business-friendly community where companies can strategically grow and make an impact—while also providing attractive business incentive programs, that help make the move to St. Pete even better.

There’s So Much More

While a talented workforce and progressive community are important factors—there’s so much more to the city of St. Pete, because it truly is a place where you can grow your business & save where it counts. From small business incentive programs to corporate incentive programs, there are a range of incentives to be shared across businesses of every shape and size.

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Advantages of Doing Business in St. Pete

  • 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 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
  • NO sales/use tax on cogeneration of electricity
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Mike Swesey at St. Pete EDC

Mike Swesey

President & CEO

Contact for site selectors and companies considering relocation to or expansion in St. Pete

Samantha LoGrasso

Business Recruitment Manager

Contact for general inquiries and  initial exploration of St. Pete as a business location

Morgan Lazzara

Chief of Staff

Contact for CEO, Board, committees

Visit us in St. Pete

The St. Pete EDC is located at 111 2nd Ave NE, Ste. 610, St. Petersburg, FL 33701.  Parking is available in the Plaza LAZ lot located next to the building; use GPS for 221 1st St N, St. Petersburg, FL 33701, which is near the entrance located on 1st Street N. between 2nd and 3rd Avenues.  

Parking is $5/hour for the first 3 hours and $20 thereafter; it is a card payment facility only (no cash). Visitor parking is on the 1st and 4th floors; please note there is no handicapped access from the parking garage above the first floor. 

There is also surrounding street parking; pay with ParkMobile or in the Sundial Garage located 2 blocks away.

Connect to St. Pete

We’ll put you in touch with the people, places, and programs you need to explore St. Pete as a new location for your business.

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General Inquiries

We've moved! The St. Pete EDC office is now at 111 2nd Ave NE, Ste 610, St Petersburg, FL 33701