INCENTIVES

City of Yuma Economic Development Incentive Fund

The City of Yuma has created a performance based incentive fund designed to encourage new business development, business expansions, and relocations. The fund can provide up to $1,000 per new hire, given to the company in an upfront cash grant award.

YUMA COUNTY ECONOMIC DEVELOPMENT INCENTIVE FUND

Yuma County has created a performance based incentive fund designed to encourage new business development, business expansions and relocations with infrastructure improvement requirements. The value of the fund is indexed based upon the cost to hire and train qualified new employees and/or infrastructure improvements to county maintained property up to $1,000/per new hire.

Foreign Trade Zone #219

Along with duty and tariff elimination or reduction, Arizona offers up to an 80% reduction in state real and personal property taxes by operating in a  federally qualified Foreign Trade Zone.  The reduction is good for the entire time that a company operates in the FTZ.