Credits of the Subject “Business, Trade and Transport in Miami (U.S.)”: 2
Trade and Business in Miami Florida.
The Economic Growth of Florida is one of the success drivers for companies that choose to locate in Florida.
Florida is host to some 300 regional and hemispheric company
headquarters from all over the world, making it a bearing of
international business and trade
Many international companies set up other facilities (warehousing, distribution, manufacturing) in Florida to take advantage of its easy access to the Global Markets
International companies use Florida to access to the Latin American
and Caribbean markets, as well as the United States Market
Florida is consistently ranked as one of the top pro-business state
Florida has a favorable business environment, with a low
corporate revenue tax rate and no state personal revenue tax
Florida offers competitive cost of Doing Business, especially when compared to other high-tech state
The economy of Florida promotes high-tech
firms growth;
Other sectors that have recorded a remarkable economic growth in Florida include: professional and business services, international trade, international transport, construction, leisure and hospitality, education, and health services
Florida leads foreign trade and foreign investment
Florida has emerged as a hotspot for
foreign direct investment
Another important sector is the creation of corporate headquarters in Florida.
The Corporate headquarters is defined as those facilities that support international, local, or regional (multi-state) operations for moderately mature companies with distributed operations and centralized strategic and management activities.
A corporation is a distinct legal entity formed for the express goal of conducting business activities while protecting its shareholders from personal liability. The LLC (Liability Limited Company) is a moderately new type of hybrid business structure that is now permissible in most states. LLC is intended to provide the limited liability protection of a corporation and functional flexibility and pass-through the taxation advantage of a partnership.