When you sell a business in Florida, the state takes nothing from the gain: Florida has no personal income tax, as of 2025. A buyer of over half the business owes your unpaid state taxes without a certificate of compliance, and a paid business broker needs a real estate license.
Florida is among the five states with the most employer businesses. The state takes none of the gain. Expect a tax-clearance or bulk-sale notice before closing, and a licensed broker.
Tax on the gain: No state income tax.
Today
Where you stand
The elements this touches
The deal team on what changes when you sell a business in Florida.
Before the letter of intent
What Florida takes
No personal income tax and no estate tax; the corporate income tax touches only entities taxed as corporations, so a pass-through founder owes the state nothing on the gain.
No state income tax.
A founder on film
On what he learned about tax on the way to the sale.
Lewis Titus Wastewater purification and manufacturing · Wyoming
Florida has no personal income tax, so a founder's gain on a sale carries no state tax.
Florida levies neither an estate tax nor an inheritance tax.
The corporate income/franchise tax falls on entities taxed federally as corporations; an LLC taxed as a partnership or disregarded files no corporate return of its own.
The rate is the state's top rate on the gain for the year shown, the same figure as the indicator in the hero, so the two can never disagree.
The elements this touches
Under contract and at closing
The rules of the sale
A buyer of more than half a business is liable for the seller's unpaid state taxes without a DOR certificate, business brokers hold real estate licenses, and four-year non-competes are now enforceable.
Under s. 213.758 a buyer of more than half a business or its assets owes the seller's unpaid state taxes unless the seller produces a DOR certificate of compliance.
The Florida Senate, 2025
Under s. 475.01 anyone who sells or negotiates the sale of business enterprises or business opportunities for compensation is a broker who needs a Florida real estate license.
The Florida Senate, 2025
The CHOICE Act, in force from July 2025, lets Florida-based employers bind high earners to non-competes and garden leave of up to four years, with injunctions the default.
Holland & Knight, 2025
The elements this touches
One thing you would not guess
Florida lets the buyer hold back part of your price and send it to the state within 30 days; if that falls short, you still owe the rest.
A buyer may withhold part of the price to cover the seller's state tax and must pay it to Florida within 30 days; the seller stays liable for any shortfall.
Day 0, and the years after
After the close
A trust created in Florida since July 2022 can run 1,000 years, and with no income or estate tax the state is a place to keep proceeds as well as earn them.
Proceeds land. What the state keeps of them is settled above; what it lets them do from here is below.
Under s. 689.225 a trust created on or after 1 July 2022 may last 1,000 years; one created from 2001 through June 2022 is capped at 360 years.
Post-exit planning is the third act of the same engagement, done with outside experts, and it starts before the letter of intent, when a move or a trust can still change the answer.
FNDRSThe elements this touches
People who walked it
Founders
From founders elsewhere
No founder in Florida is quoted yet. These are founders in other states, quoted word for word, each described by role and state.
“I definitely don't think we'd be in the same spot without you guys.”
Founders in Florida
Short testimonials from owners who went through the FNDRS process. Most are under two minutes.
The FNDRS Podcast · Florida
Nick Long with Milo and Barbara Fernandez, the couple behind Davin Works, a Florida labor staffing company for the commercial construction trades. Scaling the business, the stable livelihoods it provides for Hispanic field workers and their families, and why they trust the FNDRS ecosystem to help design a meaningful exit.
Nick LongHost, CEO and co-founder of FNDRS
16:43Nearby
| South | Tax on the gain | Complexity | Deal volume |
|---|---|---|---|
| Alabama | 5% 2025 | Medium | Medium |
| Arkansas | 3.9% 2025 | Low | Low |
| Delaware | 6.6% 2025 | Medium | Very low |
| Georgia | 5.19% 2025 | Medium | High |
| Kentucky | 4% 2025 | Medium | Medium |
| Louisiana | 3% 2025 | Low | Medium |
| Maryland | 8.5% 2025 | Medium | Medium |
| Mississippi | 4.4% 2025 | Low | Low |
| North Carolina | 4.25% 2025 | Medium | High |
| Oklahoma | 4.75% 2025 | Low | Medium |
| South Carolina | 6% 2025 | Low | Medium |
| Tennessee | None 2025 | Low | Medium |
| Texas | None 2025 | Medium | Very high |
| Virginia | 5.75% 2025 | Medium | High |
| West Virginia | 4.82% 2025 | Medium | Low |
Your next step
Know where you stand in fifteen minutes, or talk the Florida sale through with a dealmaker. Either way, no pitch and no obligation.
No pitch and no obligation. If the honest answer is not yet, we will say so, and say what to work on.