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
Flat Income Tax
Lowest flat-tax in the U.S.
Economic Performance
Rich States, Poor States Ranking 2025
Best State for Business
Chief Executive Magazine, 2024
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 (November 20, 2025) – Eight cutting-edge, defense-focused research and development projects have been selected for funding through the Regents Grant program, the result of a partnership between the Arizona Board of Regents and the recently established Arizona Office of Defense Innovation (ODI). This collaboration, designed to leverage federal investments in applied research, focuses on fostering dual-use innovations – supporting both commercial and national security markets – that strengthen Arizona’s tech ecosystem and national security capabilities. Each project will receive $90,000 to support technology validation, mentorship, and targeted commercialization training.
READ MORE about Eight Defense-Focused Research Projects Awarded Regents Grants »PHOENIX, AZ (November 20, 2025) – ASML, a leading supplier to the semiconductor industry, held an inauguration ceremony today for its U.S. Technical Training Center in Phoenix, Arizona. Customers, government officials including Governor Katie Hobbs, and dignitaries joined ASML executives to celebrate the facility, which began training engineers in 2024. Now fully operational, ASML anticipates the 56,000-square-foot facility will train more than 1,000 engineers annually. The new center in Phoenix is the only ASML facility in the U.S. with the capability to train engineers across all product lines: EUV, DUV and Applications (metrology and inspection systems that quickly and accurately measure pattern quality).
READ MORE about ASML Unveils Technical Academy In Phoenix To Train Next Generation of Lithography Engineers »