Greater Phoenix: Where business is easier than ever
We’ve removed the red tape, lowered taxes, and offer competitive incentive programs that improve a business’s bottom line — to make doing business here easier than ever.
Removing the Red Tape
The state offers a minimalist regulatory approach, no corporate franchise tax and is constitutionally recognized as a right-to-work state.
Pro-Business Climate
From aggressive tax credits and incentives to programs designed to increase capital, the region offers a robust, pro-business climate.
Economic Dev. Programs
Programs include the Quality Jobs Tax Credit, Qualified Facilities Refundable Tax Credit and the Renewable Energy Tax Investment, among others.
Source: Arizona Commerce Authority
Greater Phoenix: By the Numbers
72.5%
Greater Phoenix represents 72.5% of the state’s economy
Source: BEA 2018
36%
Greater Phoenix operating costs average up to 36% less than in California
Source: Applied Economics Metrocomp Tool
Calculate Your Real Estate Savings
Select your MSA, building type and square footage to see how much you would save on annual real estate costs in Greater Phoenix.
Austin
Dallas
Denver
Los Angeles
Portland
San Francisco
Seattle
Type
Sq. Feet
Total Annual Savings
$
Calculations were performed using annual lease rates per square foot, effective property tax rates, and average costs of water, wastewater, electric and natural gas; utilities are included in office lease rates.
Sources: GPEC Metrocomp Tool; Costar Market Reports 2020
Find out how your company can go to scale in Greater Phoenix.
A Pro-Business Climate
Companies in Greater Phoenix enjoy the benefits of low business costs, minimal regulation and an advantageous operating environment. From aggressive tax credits and incentive programs designed to increase access to capital, the Greater Phoenix region offers businesses a robust, pro-business climate.
Cost Advantages
Competitive cost advantages include no Business Inventory Tax and programs that reward qualified companies, such as the Quality Jobs Tax Credit, Qualified Facilities Refundable Tax Credit and the Renewable Energy Tax Investment Program (RETIP).
