- Regulator, 0% premium tax, and approach to third party risk appealing to large tech
- Many captive service providers have offices and employees in the State
- Potential changes to dormancy, capitalisation and fees due date in the works
The appeal of a business-friendly regulator and 0% premium tax are some reasons why Arizona continues to be an attractive domestic domicile option within the United States.
The Arizona Department of Insurance and Financial Institutions licensed 17 new captives in 2023, compared to 14 in 2022, taking its year-end total to 176.
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