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 ArizonaCHANDLER, AZ (April 2, 2026) – TOCALO Co., Ltd., a Japan-based global leader in advanced surface modification and coating technologies supporting the semiconductor supply chain, has leased 32,045-square- feet of industrial space at 400 N. 56th St. in Chandler, Arizona. The new Chandler facility will support TOCALO’s continued expansion in the United States and strengthen its ability to serve semiconductor manufacturing equipment providers and other advanced manufacturing customers. Chandler’s established innovation ecosystem, highly skilled workforce, and proximity to major transportation and technology corridors were key factors in the company’s site selection decision.
READ MORE about Tocalo Co., Ltd. Signs Lease To Establish Coating Service Facility For Semiconductor Equipment Components In Chandler »PHOENIX, AZ (March 27, 2026) – Amid record international investment and trade, Arizona welcomed leaders from around the world for the 21st Annual International State of the State on March 26. Highlighting Arizona’s strong international partnerships and central role in the global economy, Governor Hobbs delivered a keynote address to over 300 attendees, including dignitaries from more than 40 countries. To further Arizona’s international momentum, state leaders–led by the Phoenix Committee on Foreign Relations and the Arizona Commerce Authority–hosted an International State of the State Forum, showcasing Arizona’s premier investment environment, international partnerships, and global leadership.
READ MORE about Arizona’s Global Leadership Shines At International State of the State »