Immokalee businesses save big on taxes!
Building and operating a business in Immokalee comes with built-in economic advantages, not the least of which is a wide-range of tax savings.
Immokalee businesses saved over $65,000 last year in taxes that would have been paid to the State of Florida.
But the companies - from local businesses to national chains - got credit for the taxes or avoided them outright because Immokalee is a state-designated Rural Enterprise Zone.
The enterprise zone is just one of the special designations that Immokalee provides for entrepreneurs and business owners.
Immokalee is also a federally-designated HUBZone (Historically Underutilized Buziness Zone) as well as a Free Foreign Trade Zone. And, in addition to the state and federal designations, Collier County also provides a list of business incentives to Immokalee entrepreneurs.
Companies benefiting the state tax breaks through the Immokalee Enterprise Zone includes Immokalee vegetable packer Florida Specialites, Immokalee housing developer Eden Gardens and the American Discount Pharmacy as well as national companies like CVS Pharmacy, Walgreens Pharmacy, the Auto Zone and Family Discount Stores.
The businesses benefited from savings on jobs credits, building material credits, business equipment purchases and other Enterprise Zone programs and tax breaks.
Read more about Immokalee's Enterprize Zone here or call the Immokalee Community Redevelopment Agency: 239-252-2310.
All this is just one of the reasons Immokalee is Florida in the 21st Century!
Immokalee Business Development Center
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