Arizona provides world-class advantages—including top talent, a strong supply chain and modern transportation infrastructure. The state's business climate is sunny, steady and predictable. Arizona offers lowered taxes, streamlined regulation, and a comprehensive suite of programs designed to enhance business success.
Most Competitive State in The Mountain Region
Site Selection Magazine Prosperity Cup, 2025
Economic Performance
Rich States, Poor States Ranking 2025
Best State for Business
Chief Executive Magazine, 2024
Private Sector Job Growth
Arizona Office of Economic Development, 2024-2025
Flat Income Tax
Lowest flat-tax in the U.S.
Corporate Income Tax
Among the Lowest in the U.S.
Franchise Tax, Business Inventory Tax, Estate Tax, Worldwide Unitary Tax, Gross Receipts Tax
Arizona’s simplified and competitive tax structures makes Arizona one of the most welcoming states in the nation for people and business.
Affordable BusinessArizona offers a winning combination of smart leadership and smart policy enabling an innovation-driven economy that accelerates technologies and streamlines regulation.
Smart PolicyArizona's talent is young, skilled and rapidly growing. With endless adventures and high-impact career options, Arizona attracts the best and brightest.
Skilled TalentArizona's southwest location near the world’s largest economies efficiently enables the movement of goods and people, enhancing the speed of doing business.
Modern InfrastructureWith more than 300 days of sunshine and limitless opportunity, Arizona is the best place in the nation to live, work and recreate.
Life in ArizonaNEW YORK & PHOENIX (January 15, 2026) — Forbes today announced an open call for nominations for the 2026 Forbes 30 Under 30 Local Arizona List, inviting the public to nominate the state’s top founders, creators, business leaders and changemakers under the age of 30. The list marks the first time Forbes will recognize young leaders statewide in Arizona as part of its expanding Under 30 Local franchise. The inaugural statewide list will spotlight young leaders across Arizona who are shaping the future of business, culture and community, spanning industries including technology, healthcare, consumer, sports, food, fashion and social impact. The 2026 Forbes Under 30 Summit will take place April 19-22.
READ MORE about Forbes Opens Nominations For 2026 Forbes 30 Under 30 Local Arizona List »MESA, AZ (January 12, 2026) – KoMiCo, a global leader in precision cleaning and advanced coatings in the semiconductor industry, today celebrated the opening of its new state-of-the-art facility for advanced semiconductor equipment parts cleaning, coating, and repair in Mesa, Arizona. The facility will initially create 50 jobs, with over 200 total new jobs created over the next several years. The 125,000-square-foot facility includes multiple cleanrooms, a wide range of cutting edge equipment, and a robust suite of diagnostic tools. Representing an over $60 million capital investment, the Mesa facility marks KoMiCo’s third location in the U.S. and 10th location globally.
READ MORE about KoMiCo Celebrates Opening Of Semiconductor Equipment Cleaning and Coating Facility In Mesa »