History and Overview
The State of Florida and Miami-Dade County established Enterprise Zones to encourage business development, expansion and job creation in economically distressed areas. Businesses which locate or expand in an Enterprise Zone and hire employees who live in the zone can reduce their State and Miami-Dade County tax liability.
In July 1995, the Miami-Dade Enterprise Zone was designated as E.Z. No. 1301. The original legislation has been reauthorized through 2015 with ten-year measurable Miami-Dade County goals to include:
- Promoting private investment with the objective of $186 million investment in business equipment and building materials
- Job creation through tax abatement with the objective of 3,928 jobs created
- Increase private investment through tax abatement with the objective of $278.5 million in private investment
- Job creation through tax credits and refunds with the objective of 9,700 jobs created.
At the state level, The Governor’s Office of Tourism, Trade, and Economic Development (OTTED) administers the Florida Enterprise Zone Program. OTTED is responsible for overseeing the activities of the local enterprise zones and providing them with technical assistance and information.
The Florida Department of Revenue is responsible for processing all enterprise zone tax incentive applications. Representatives from the Department of Revenue provide technical assistance on the eligibility requirements to businesses and to local enterprise zone coordinators.
At the Miami-Dade County level, Enterprise Zone No. 1301 is governed by an Enterprise Zone Development Agency. This agency oversees the implementation of the strategic plan and makes important decisions concerning the zone. The Enterprise Zone Development Agency also appoints a local enterprise zone coordinator that maintains the day-to-day operations of the zone. The local coordinator is responsible for verifying enterprise zone addresses. All tax incentive applications must be certified at a local office before the applications are sent to the Department of Revenue to be processed.
As Miami–Dade County’s official economic development partnership, The Beacon Council is charged with marketing Enterprise Zone No. 1301 through distribution of marketing materials and area-specific workshops.
Maps and Address Locator
The Miami Dade County Office of Community and Economic Development oversees and maintains maps and address locators for the 53.1 square-mile Miami-Dade County Enterprise Zone. The local zone is comprised of three parcels:
North Central Dade
Encompasses a large portion of Northwest Miami, including Miami Gardens, Miami International and Opa-locka airports, parts of Hialeah, North Miami, and a large portion of Miami-Dade’s Federal Enterprise Community.
Covers portions of the cities of Homestead and Florida City, as well as portions of the Town of Cutler Bay, community of Perrine, and Miami-Dade County’s Federal Enterprise Community.
Includes parts of South Beach, Collins Avenue, and parts of North Beach.
Summary of Enterprise Zone Incentives and Benefits
State of Florida Sales Tax Benefits
Jobs Tax Credit (Form DR-15ZC)
Business Equipment Sales Tax Refund (Form EZ-E and DR-26S)
Building Materials Sales Tax Refund (Form EZ-M and DR-26S)
Sales Tax Exemption for Electricity (Form DR-15JEZ)
State of Florida Corporate Income Tax Benefits
Jobs Tax Credit (Form F-1156Z)
Property Tax Credit (Form-1158Z)
Community Contribution Tax Incentive
Community Contribution Tax Credit (Form 8E-17TCA#012005)