The president of ZEC (the Canary Islands Special Zone), Beatriz Barrera Vera, and the director general of Casa África, Luis Padrón, signed a cooperation agreement on Monday covering the relationship between the two organisations. This relationship is strengthened and deepened in the context of recent changes within ZEC and the fact that it has been approved at national and European level as the preferred vehicle for promoting the economic and social development of the Canary Islands with a view to the continent of Africa. The agreement was signed at Casa Áfrca’s head offices, and attended by the Secretary of State for Foreign Affairs, Ignacio Ybáñez Rubio, who took part in the presentation at Casa África of Real Instituto Elcano’s report “España mirando al Sur” (Spain Looking South).
The president of ZEC (the Canary Islands Special Zone), Beatriz Barrera Vera, and the Undersecretary for Industry, Energy & Tourism and president of OEPM (the Spanish Patent & Trademark Office), Enrique Hernández Bento, have signed a collaboration agreement in Madrid to promote awareness and use of the exclusive rights granted through patent rights, particularly among companies operating under this low-tax regime.
This agreement between the two organisations will enable ZEC companies to benefit from 30% discounts % off the price of technology patent and oversight reports, enabling them to obtain relevant information about technology to support their decision-making (applying for patents, planning and running R&D projects, and so on). OEPM is an autonomous body of the Ministry of Industry, Energy & Tourism. It promotes and supports technological and economic development by providing legal protection for the different types of industrial property by granting patents and utility models (inventions); industrial designs (form creation); trademarks and trade names (distinctive signs); and rights that protect semiconductor product topographies. It also disseminates information relating to the different forms of protecting patent rights.
CaixaBank and ZEC (the Canary Islands Special Zone) have signed an agreement to attract foreign investment projects and development into the Canary Islands, by offering ZEC’s tax benefits, and providing investors with a tailored service for foreign trade.
The agreement was signed today by Andrés Orozco, CaixaBank’s regional director in the Canary Islands, and Beatriz Barrera Vera, ZEC president, at the bank's regional head office in Santa Cruz, Tenerife. CaixaBank’s representative said that this agreement represents "greater accessibility and improved advice for ZEC organisations that require specific financial solutions and an improved management channel with the bank which will be established via the Consortium”.
Beatriz Barrera: "The new Special Canary Islands Zone ("ZEC") is the ideal mechanism for projecting the Islands as an international platform for business"
The president of the Special Canary Islands Zone (ZEC) Beatriz Barrera said this morning that "The new ZEC is the ideal fiscal mechanism for projecting the Canary Islands as an international platform for business". She added that, at international level, platforms offer competitive tax systems aimed at attracting capital and that the Canary Islands’ updated ZEC makes it an even more attractive incentive for companies and investors, whilst also providing economic and legal certainty. Barrera said that the regime is one of the mechanisms for contributing to diversification, and making progress towards strengthening sectors that are strategic to the regional economy, which in turn creates jobs throughout the islands. Her statements were made during a breakfast conference held in Madrid under the title “The New ZEC. Opportunities for Companies and Investors”. During the session, Barrera presented changes to this Economic and Fiscal Regime ("REF") incentive for the Canary Islands.
- The ZEC and the Spanish Chamber of Commerce encourage foreign investments in the Canary Islands
- New developments in the SCZ in the conference “New Canary Islands REF Scenario” organise by BBVA
- The ZEC presents its Innovative New Features
- The Spanish Official Gazette (BOE) publishes the Royal Decree-Law with the amendments to the REF
- The president of the ZEC meets the German Ambassador in Spain