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
State for Power Grid Reliability
Citizen Utility Board's Electric Utility Performance Report
Economic Performance
Rich States, Poor States Report, 2025
State for Infrastructure & Transportation
CNBC, 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 (July 22, 2026) — Fiscal Year 2026 (FY26) marked the most successful year for economic development in Arizona’s history. During the 12‑month period ending June 30, 2026, the Arizona Commerce Authority (ACA) and local economic development partners worked with companies that committed to creating 26,225 projected new Arizona jobs and investing more than $109 billion into communities statewide — both single‑year records. The projected new jobs carry an average wage of $81,368, higher than the state median wage. This new fiscal year also marks the 15‑year anniversary of the Arizona Commerce Authority — the state’s leading economic development agency.
READ MORE about Arizona Celebrates Biggest Economic Development Year Yet »PHOENIX, AZ (July 16, 2026) – Today, TSMC announced another major expansion of its Arizona operations, announcing plans to invest an additional $100 billion to build four more 2-nanometer or more advanced fabs in the state. The announcement brings TSMC’s total investment in Arizona to $265 billion — representing 10 fabs, 2 advanced packaging facilities, and a R&D center, all supporting thousands of high‑tech jobs. Upon completion of its announced fabs, around 30% of TSMC's 2-nanometer and more advanced capacity will be located in Arizona, creating an independent leading-edge semiconductor manufacturing cluster. TSMC Arizona currently employs more than 3,500 people in the state.
READ MORE about TSMC Announces Additional $100 Billion Investment In Arizona »