Business Climate

Looking to relocate?

Looking to relocate?

There’s no better place than Phoenix-Mesa Gateway Airport. Gateway is located in the number one state in the nation for entrepreneurial activity, Arizona. But, that’s not the only reason you’ll want to do business in Arizona. The state has the second lowest unemployment insurance tax in the country, boasts a 4.9 percent corporate income tax (among the nation’s lowest), and is a constitutionally recognized Right-to-Work state.

4.9% corporate income tax
Right-to-work state
2nd lowest unemployment insurance tax

Doing Business in Phoenix

Maricopa County, which is projected to grow at 2.3 percent through 2028, and the Greater Phoenix metropolitan area also offer an excellent pro-business environment.
Companies in Greater Phoenix enjoy:

  • Low business cost (nearly 32 percent lower than in neighboring California)
  • Minimal regulation
  • No corporate franchise tax
  • One of the lowest total payroll costs of all major metropolitan areas
  • Low rates of unionization
  • Reduced workers compensation benefits
  • Minimal requirements for unemployment insurance coverage

Aerospace Industry in Phoenix

Aerospace Industry

Gateway itself is the ideal location for innovative businesses, especially those in the aerospace industry.

For starters, the state ranks third in the U.S. for its aerospace industry tax policy, according to Pricewaterhouse Coopers’ annual “Aerospace Manufacturing Attractiveness Rankings” report. In addition, the 2017 location quotients were the highest for aerospace products and parts manufacturing (2.17) in the entire region thanks to the several large aerospace companies already here, includingAble Aerospace Services, Boeing, Cessna/Citation, Embraer, Honeywell, Lockheed Martin, MD Helicopters, Nammo Talley, and Northrop Grumman.
Phoenix Aerospace Companies:

Able Aerospace Services
Lockheed Martin
MD Helicopters
Nammo Talley
Northrop Grumman
Educated Workforce in Phoenix

You’ll also find an educated workforce specializing in the aerospace industry in the community.
Currently, Gateway has an on-airport direct employment of approximately 2,841 workers and an off-airport indirect employment of approximately 23,744 workers.

Other reasons to locate at Gateway include:

No real property tax
Foreign Trade Zone (FTZ) #221
Unified Cargo Processing (UCP)
Military Reuse Zone
Accelerated depreciation
Designated Opportunity Zone
AZ income tax credits
(up to $10,000 per employee)
Reclassification of personal property taxes
(estimated 73% savings)

If you're looking for a pro-business environment for your business, you won't find a better one than at Gateway.

Contact Alex Smith at 480-988-7662 or today to get started.