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
Rich States, Poor States 2024
Flat Income Tax
Lowest flat-tax in the U.S.
Economic Outlook
Rich States, Poor States American Legislative Exchange Council, 2024
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.
Learn MoreArizona offers a winning combination of smart leadership and smart policy enabling an innovation-driven economy that accelerates technologies and streamlines regulation.
Learn MoreArizona's talent is young, skilled and rapidly growing. With endless adventures and high-impact career options, Arizona attracts the best and brightest.
Learn MoreArizona's southwest location near the world’s largest economies efficiently enables the movement of goods and people, enhancing the speed of doing business.
Learn MoreWith more than 300 days of sunshine and limitless opportunity, Arizona is the best place in the nation to live, work and recreate.
Learn MorePHOENIX, AZ (March 3, 2025) — Today, Mayo Clinic announced a nearly $1.9 billion investment in the continued transformation of its Phoenix campus as part of its Bold. Forward. strategy to Cure, Connect and Transform healthcare for the benefit of patients everywhere. Bold. Forward. Unbound. in Arizona will enable new innovative care concepts, physical spaces and integrated technologies to create seamless care experiences for patients and a better workplace for staff. Mayo’s largest investment in the state, Bold. Forward. Unbound. in Arizona underscores Mayo Clinic's leadership in creating a next-generation healthcare model that scales solutions for more patients when and where they need them.
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PHOENIX, AZ (March 3, 2025) – Following a meeting at the White House today, President Trump and TSMC Chairman C.C. Wei announced a historic expansion of TSMC’s advanced semiconductor operations in Arizona. TSMC will invest at least an additional $100 billion to build three additional semiconductor fabs in Arizona as well as an advanced packaging facility and R&D Center. The investment comes in addition to TSMC’s three fabs already in operation or under construction in Arizona and will represent thousands of additional new jobs.
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