Offices for Lease in PhoenixAn abundance of offices for lease in Phoenix, business incentives and year-round sunshine await you. What more could you ask for when relocating your business? Here’s a list of additional benefits:

  • Starting in 2014, the corporate tax rate decreased to 4.9 percent.
  • Each community in the Greater Phoenix area has its own unique offerings of business-friendly programs.
  • Foreign Trade Zone benefits – any foreign or domestic materials can be moved into a FTZ without U.S. Custom duties being applied.
  • Also as of 2014, commercial property tax was reduced by 10 percent, increasing the appeal of offices for lease in Phoenix.
  • An R & D tax credit provides income tax credit for increased research and development activities conducted in the state.
  • An Angel Investment tax credit provides credits to investors who make capital investments in small business certified by the ACA.
  • A Renewable Energy tax credit gives tax credits to companies in renewable energy industries who are expanding or locating in Arizona. The program offers up to 10 percent refundable income tax credit and up to 75% reduction on real and personal property taxes.
  • Additional Depreciation fast-tracks schedules for prospective acquisitions of commercial personal property. This can include offices for lease in Phoenix.
  • The Quality Jobs tax credit offers up to $9000 of Arizona income or premium tax credits spread to employers over a three-year period for each net new quality job.
  • Lease Excise reduces a project’s operating costs by replacing the real property tax with an excise tax.
  • Private Activity Bonds are securities issued by or on behalf of local government to give debt financing for projects used for the trade or business of a private user. It can be used for the construction of industrial and manufacturing facilities.

Do you have questions about how these Arizona state benefits can apply to the offices for lease in Phoenix of interest to you? If so, contact Menlo commercial real estate professionals today at 480.659.1777 or info@menlocre.com