As an important state in the southwest region of the United States, Arizona has been making great efforts to optimize its investment environment by implementing favorable tax rates, streamlining procedures and gaining long-term support from local communities. Multiple highlights regarding its natural endowments, economic strength, preferential policies have shaped Arizona into an appealing choice for foreign investment.
Convenient transportation infrastructure connects arizona with major domestic markets
Crisscrossed by several interstate highways like I-40, I-17, I-10 and I-8, Arizona enjoys exceptional transportation capacity to interact with major cities on the West Coast and the Southwest. Furthermore, well-equipped international airports in Phoenix and Tucson operate frequent flights that greatly facilitate Arizona’s communication with top 50 American cities.
Strong high-tech presence stimulates robust expansion of manufacturing in arizona
Benefiting from the proximity to emerging markets in the American West and competitive labor from Mexico, Arizona has nurtured nearly 150 high-tech companies that specialize in precision electronic parts, electronic design software R&D, laser optics and components production. Most of those businesses cluster in the Optics Valley in southern Arizona.
Preferential tax policies effectively reduce operation costs for companies in arizona
Arizona features corporate income tax levied at 9% of net income, personal income tax ranging from 2.9% to 5.17%, property tax at 0.75-1.12%, along with exemptions of sales & use tax on manufacturing equipment and R&D machinery. Such measures substantially lower expenses on business facilities and stimulating manufacturing & research activities.
Strong institutional assistance ensures favorable business environment in arizona
Specialized institutions like the International Trade and Investment Division Department actively serve to attract foreign investors by offering updated information and policy consulting regarding project development, talent recruitment, tax filing and other operational aspects. Their supportive initiatives are invaluable for overseas companies to seamlessly blend into Arizona’s dynamic business community.
Advanced infrastructure of transportation and public utilities guarantees convenient business operation
Crisscrossed by interstate highways and transcontinental railroads, blessed with well-developed international airports, Arizona provides overseas investors with smooth access to major domestic markets and global destinations. Competitive utility rates for water, electricity, natural gas and strong coverage of communication networks constitute solid infrastructure support for vibrant corporate activities across Arizona.
In Arizona’s continuous efforts to enhance infrastructure, optimize policies and coordinate government services, overseas investors can reap generous dividends from Arizona’s dynamic market growth under extremely investor-friendly conditions.