Ad Valorem Tax Exemption
Available in unincorporated Sarasota County, the cities of Sarasota, Venice and North Port.
The economic development ad valorem tax exemption (EDAVTE) program is designed to encourage new businesses to relocate to Sarasota County. In addition, it serves as a catalyst for existing businesses to expand, creating new job opportunities for residents within the County and the Cities of Sarasota, Venice, and North Port. This program authorizes the County, and those respective Cities' Commissions, to grant qualifying businesses a proeprty tax exemption fo up to 100 percent for up to 10 years, on both real and tangible personal property.  Contact us for more information.