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St. Pete’s Tax Climate is Welcoming to Business

One of St. Petersburg, Florida’s attractions for businesses and individuals is its tax climate. Businesses that relocate or expand here benefit from:

  • The #4 state business tax climate in the country, behind only WY, SD, and AK
  • The 2nd lowest state tax collection per capita
  • 0% individual income tax
  • Corporate income tax rate lower than GA, NY, NJ, IL, TN, MD, VA, DC, and CA, among others
  • St. Pete’s status as the best-run city in Florida
  • St. Petersburg, Pinellas County, and Florida grants and tax credits for creating jobs in target industries and locations

Sources: Tax Foundation: 2024 State Business Tax Climate Index, Facts & Figures 2024; Wallet Hub: Best & Worst-Run Cities in America 2023

 

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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.

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