Arizona and the Greater Phoenix area are committed to making the Grand Canyon State a great place to do business.
The state's corporate income tax rate is 4.9%. In addition, there is no corporate franchise tax, worldwide unitary tax, sales tax on manufacturing equipment or inventory tax. Arizona is also a right-to-work state with low workers' compensation and unemployment insurance costs.
The Arizona Commerce Authority, meanwhile, makes available more than $200 million in incentives, including refundable tax credits, grants and property tax reductions.
Programs include:
A complete list of incentives, rebates and other programs can be found on these SRP and sponsor sites:
Incentive program | Description |
Arizona Innovation Accelerator Fund | $18.2 million loan fund to stimulate financing to manufacturers |
Commercial/industrial solar | Tax credit of up to $50,000 for installation of solar energy devices |
Job training for new employees | Grants to cover 75% of an employer's eligible training expenses |
Qualified Facility Credit of $20,000 per job at qualified facilities | Refundable tax credits of 10% of qualifying capital investment |
Energy conservation bonds | Tax credit bonds available for retrofitting existing buildings |
Phoenix's natural-disaster risk is among the world's lowest – ideal for data centers and critical infrastructure.
From research universities to specialty schools, Greater Phoenix educational institutions provide a steady stream of well-educated workers.
SRP is the Phoenix area's largest provider of power and water. We partner with the Greater Phoenix Economic Council, Arizona Commerce Authority and others to remove hurdles to relocating.
Our economic development specialists can connect you to rebates and provide expertise to ensure you have the resources you need.
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