The reason for this decision is the economic growth of the state that is also pushed by the governor with is pro-business laws. The state of Florida has no person income tax and favorable tax rates for business.
A further big benefit for business is the transportation and infrastructure. Florida has several big ports that not only connect the countries within the Caribbean but also to South and Central America and eastward to Europe and Africa.
The state with the worst rank for business is California and it has this status for the last 10 years. Therefore think twice where to open your business.
Want to know more how to do business in Florida? Contact us at info@florida-informations.com. We are always on your side.