Greater Phoenix communities have seen reductions in the average employer tax rate over the last decade. El Mirage, encourages a pro-business climate that high-lights an abundant and affordable workforce, supporting and advancing education, and some of the country’s lowest workman’s compensation and unemployment insurance costs.
Affordable Operating Costs
Arizona has no corporate franchise tax, no income tax on dividends from out of state subsidiaries, no business inventory tax, no worldwide unitary tax, and no sales tax on manufacturing equipment. In Addition, aggressive accelerated depreciation schedules provide a reduction in personal property tax liability equal to 94% of the scheduled value after five years and the ability to carry forward net operating losses for up to five years.
New and Improved Infrastructure
Multiple transportation options, direct access to major freeways, road widening and infrastructure improvements along El Mirage, and improved access at US 60 and Thunderbird Road make El Mirage ripe for new development.
Generous Supply of Commercial Land and Buildings
El Mirage has several existing buildings supporting medium-sized retail and non-retail uses. In addition, large parcels of land are available in the commerce/industry park supporting a variety of industries. El Mirage has no impact fees and many parcels are located in a foreign trade zone.
Quality, Educated Workforce
Arizona companies benefit from an educated, high-performance, and diverse workforce backed by a strong educational system. Three state Universities, award winning community colleges, trade and vocational training, and sound K-12 programs provide the skills necessary to advance in technologies for today’s and future workforce needs.