Optimal and ever-growing talent pool
Pro-business, low-cost operating environment
One of the most aggressive renewable incentives in the nationCourtesy of Stirling Energy Systems
State and citizens committed to fostering industry growth
Greater Phoenix has a highly favorable business climate where wages for key industry occupations average less than competitor markets. In addition, power costs in Greater Phoenix are significantly less than California markets. Companies that participate in programs for job training, small businesses or commercial solar energy businesses also qualify for various tax credits. Greater Phoenix businesses also have seen decreases in the average employer and individual tax rates over the last 10 years. With consistently decreasing tax rates, profitable incentives and an overall pro-business operating environment, there’s no better place to bring or start your business.
An angel investment tax credit allows eligible tech-company investors up to a 30% credit on state taxes over a three-year period (biotech and rural company investors can receive up to a 35% credit)
Arizona has no corporate franchise tax, no business inventory tax and no sales tax on manufacturing equipment
Arizona employers pay the lowest unemployment insurance tax per employee in the nation and the 14th lowest workers’ compensation premium rates.