With an environment open for opportunity and a state welcoming to emerging technologies, Arizona does business on a grander scale. Under Governor Doug Ducey’s leadership, the state has earned the reputation as the most welcoming place to test, launch and scale new ideas. Corporate leaders are catalyzing next-generation solutions and it isn’t by coincidence--the state serves as a global proving ground for the deployment of emerging technologies.
Arizona’s pro-business philosophy is simple: keep regulation low, taxes light and operating costs affordable. The state’s corporate and individual tax rates are among the nation’s lowest, not to mention there are no franchise, business inventory, estate, worldwide unity or gross receipts taxes. This pro-business mindset is tried and proven. Arizona consistently ranks in the top five for economic momentum and is a top ten Best State for Business, according to U.S. News & World Report.
People come to Arizona for the opportunity and stay for the unmatched quality of life. As Arizona continues to grow at one of the fastest rates in the nation, the state’s population supplies skilled talent with a drive for innovation. Both Arizona State University, the nation’s most innovative university, and the University of Arizona, a top 50 best public institution, are internationally recognized among the world’s best.
Arizona is strategically located in the southwest region of the United States, positioning it at the crossroads of a robust supply chain and international markets. In fact, Arizona is the only state in the nation within a day’s drive to three major world markets, with access to 85 million consumers. This strategic position is one of the reasons why technology, manufacturing, aerospace & defense and bioscience & health care companies choose Arizona.