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 2024
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 (June 18, 2025) – In recognition of yet another banner year for economic development wins, Arizona today received a prestigious “Gold Shovel” award from Area Development Magazine in the 5-8 million state population category, marking the state’s fifth consecutive gold shovel. The Shovel Awards recognize states that garnered large job-creating and investment projects through innovative policies, infrastructure improvements, and other processes that attracted new employers as well as investments in expanded facilities.
In addition, Area Development named TSMC’s third fab expansion as one of the “Manufacturing Projects of the Year.” In April 2024, TSMC announced plans to build a third leading-edge semiconductor fab in Phoenix.
PHOENIX, AZ (June 4, 2025) — Verizon Business has commercially launched Edge Transportation Exchange, a mobile-network vehicle-to-everything (V2X) communication platform for connected vehicles, with multiple customers already signed on. Following a successful U.S. Department of Transportation and 5G Automotive Association joint demonstration, the Arizona Commerce Authority, Delaware Department of Transportation (DelDOT), Rutgers University Center for Advanced Infrastructure and Transportation (CAIT), and Volkswagen Group of America (VW) have begun using the platform. The ACA was first to sign on as a platform partner for Edge Transportation Exchange, advancing from trial use to production.
READ MORE about Verizon Business Launches Vehicle-to-Everything Connected-Driving Platform With Multiple Customers»