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 ArizonaPHOENIX, AZ (March 12, 2026) — To further strengthen international partnerships with Taiwan and Japan – two of Arizona’s top trading partners – the State of Arizona, the City of Kaohsiung, Taiwan, and Kumamoto Prefecture, Japan signed a trilateral Memorandum of Understanding (MOU) to strengthen economic collaboration and advance partnerships in semiconductors, talent development, research and development, and global supply chain integration. The MOU was signed during a ceremony by Governor Katie Hobbs and Mayor Chen Chi-Mai of Kaohsiung City, Taiwan. Sandra Watson, President and CEO of the Arizona Commerce Authority, Deputy Mayor of Kaohsiung Ta-Sheng Lo, and Vice Governor Shingi Takeuchi of Kumamoto Prefecture, Japan were witnesses to the MOU signing ceremony.
READ MORE about Arizona, Taiwan, and Japan Sign MOU To Strengthen Semiconductor, Workforce Development and Supply Chain Collaboration »PHOENIX, AZ (March 5, 2026) – Amid increased international investment and to further strengthen economic and trade ties between Arizona and Japan, the Arizona Commerce Authority (ACA), Greater Phoenix Economic Council (GPEC), and Arizona State University (ASU) signed a Memorandum of Understanding (MOU) with the Japan External Trade Organization (JETRO), during a signing ceremony yesterday on March 4, 2026 in Phoenix, Arizona. Attendees included a visiting delegation of more than 50 Japanese government, business, academia, and community leaders, as well as Arizona leaders. The MOU aims to accelerate collaboration between Arizona and Japan in key industrial sectors such as semiconductors, R&D, and workforce development.
READ MORE about ACA, GPEC, and ASU Sign MOU With JETRO To Strengthen International and Semiconductor Collaboration »