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  • Playa de Las Canteras
  • Aerogeneradores de Fuerteventura
  • Radiotelescopios La Palma
  • Gruas Puerto de La Luz
  • Placas Solares
  • Timanfaya
  • Cueva de los Verdes
  • Ciudad de Las Palmas de Gran Canaria
  • Aerogeneradores
  • Auditorio Alfredo Kraus
  • Roque Nublo
  • Teide
  • Aeropuerto Tenerife Norte Los Rodeos
  • La Graciosa
  • Plaza de Cairasco
  • Gorona del Viento. El Hierro
  • El Cotillo
  • Aerogeneradores
  • Kitesurf en Sotavento de Jandía
  • Santa Cruz de La Palma
  • Puerto de Tenerife
  • Puerto de La Luz
  • Triana
  • Gorona del Viento. El Hierro
  • Viaducto Los Sauces
  • Plaza España en Santa Cruz de Tenerife

The best taxation in Europe

Enjoy now the benefits of establishing your business in the Canary Islands.

Corporation Tax only 4%

The Canary Islands have the most attractive tax incentive of Europe: the ZEC, which allows a fixed tax rate of 4% compared to the European average which rises to 23%.

Platform with Africa

The Canary archipelago is positioned among the best places for the establishment of entities which aims to operate with Europe, America and Africa.

Full legal security

In the Canary Islands you’ll find the maximum physical and legal security, dividend repatriation without restriction and the relief of the ZEC framework.

CaixaBank and ZEC sign agreement to attract foreign investment into the Canary Islands

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”.

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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.

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The ZEC and the Spanish Chamber of Commerce encourage foreign investments in the Canary Islands

The President of the Special Canary Islands Area (ZEC), Beatriz Barrera, and the President of the Spanish Chamber of Commerce, Industry and Navigation, José Luis Bonet, today signed a collaboration agreement in Madrid, aimed at promoting foreign investments in the Canary Islands to stimulate the creation of companies that will diversify the economy and create employment in the archipelago.

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New developments in the SCZ in the conference “New Canary Islands REF Scenario” organise by BBVA

The Territory Director for BBVA Canary Islands, Javier Llinares; the President of the Special Canary Islands Zone (SCZ), Beatriz Barrera; the Canary Islands Minister for the Economy, Javier González Ortiz, and the former Councillor and Finance Coordinator for REPER in Brussels, Manuel Santaella, this morning inaugurated the conference: New Canary Islands Economic and Fiscal Regime (EFR) Scenario. During this initiative, which was held in the BBVA headquarters in Las Palmas de Gran Canaria, and organised by the financial entity, the main new developments of the EFR for the 2015-2020 period were addressed.

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Las Palmas

C/ León y Castillo, 431, Edificio Urbis 4ª planta
35007, Las Palmas de Gran Canaria (España)
Tel. +34 928 490 505
Fax: +34 928 273 274

Santa Cruz de Tenerife

C/ Villalba Hervás, 4, 5ª planta
38002, Santa Cruz de Tenerife (España)
Tel. +34 922 298 010
Fax: +34 922 278 063