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Financial Incentives
Enterprise Zones
An Enterprise Zone is a specific geographic area targeted for economic revitalizing. Enterprise Zones encourage economic growth and investment in distressed areas by offering tax advantages and incentives to businesses locating within the zone boundaries.Source: http://www.floridaenterprisezones.com/
If your employees live and work in the zone, you can claim up to 30% of the taxes you pay them on their wages. You may also be eligible for a tax incentive on building materials, business equipment, and much more.
To learn more about the program and to take advantage of the various benefits the program has to offer, visit http://www.fortlauderdale.gov/cra/programs/enterprise.htm. If you have further questions or comments, contact Angela Brewton at 954-828-4347, angelaw@fortlauderdale.gov.
