Canary Islands Special Zone

Mexico City, May 18-21, 2024

We would like to share with you our exciting trip to Mexico City, organized by AICO on the occasion of the fifty-second meeting of the Board of Directors of the Ibero-American Association of Chambers of Commerce, Industry and Services.
This event coincided with the celebration of the sesquicentennial anniversary of CANACO CDMX, the oldest Chamber in Latin America, and the ninetieth anniversary of the Inter-American Commercial Arbitration Commission, CIAC, which added special significance to our participation.

The first evening we enjoyed a fantastic welcome cocktail party, where we were able to begin making valuable connections and prepare for the days ahead.
Our trip continued with a tour of the city, exploring historic sites such as Coyoacán and the Church of San Juan Bautista, followed by a cultural experience at the Coyoacán Market. This was a perfect prelude to what would be an enriching series of events.

We attended the official inauguration with speeches by important dignitaries, some of them being: José de Jesús Rodríguez Cárdenas, Francisco Herrero, Liliana Sánchez, Martí Batres Guadarrama, Miguel Torruco Marqués and Nathalie Desplas. Then focused on crucial topics such as artificial intelligence and disruptive technologies, highlighting a keynote lecture by Frédéric García. We participated in talks on nearshoring and renewable energies, with panelists such as Altagracia Gómez, Carla Medina and Ángel Asensio, who offered valuable perspectives on these emerging sectors. There was also a conservatory on the Ibero-American economic situation with important panelists such as Julián Domínguez, Larry Rubin, Víctor Pavón Villamayor and Vicente Gutiérrez Camposeco.

Advixy was present at this event to inform the Ibero-American world about the tax benefits of the Canary Islands, which represent an ideal gateway to expand business to Europe and Africa, and tohighlight how these advantages can facilitate the growth and internationalization of companies.

In addition to the business activities, this trip offered us the opportunity to learn more about the cultural aspects of Mexico and its rich tradition. These moments allowed us not only to better understand the business environment, but also to appreciate the deep cultural heritage that Mexico has to offer. We were also able to enjoy the amazing voice of José de Jesús Rodríguez Cárdenas, who delighted us with his music.

The last day focused on sustainability within the framework of the Agenda two thousand and thirty, with a panel that included several experts such as Ovidio Claros Polanco, Natalio Mario Grinman, Xavier Coronas, Roberto de la Torre, Mónica Conde and Alejandro Gómez Tamez, who referred to the regional economy. The day concluded with a splendid closing dinner, where we had the pleasure of celebrating the bonds forged and the knowledge acquired, framed by these significant anniversaries.

Thank you for following us on this journey and we hope we have inspired you to explore new opportunities across borders!

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Canary Islands Special Zone (ZEC): The Gateway to Europe, America and Africa

At Advixy, we are specialists in the Canary Islands Special Zone (ZEC), a highly beneficial tax regime for companies seeking to expand their operations internationally.
With a strategic location in the Atlantic, the Canary Islands are presented as the ideal link between Europe, America and Africa. Taking advantage of the ZEC will allow you to design a competitive business strategy, reduce tax costs and access new global markets.

Benefits of the Canary Islands Special Zone

Corporate income tax at 4%.

One of the lowest rates in the European Union, allowing you to maximize the profitability of your business while expanding into other markets.

Preferential Access to European, American and African Markets

The Canary Islands is positioned as a strategic bridge that facilitates access to the main markets of three continents. This makes the ZEC an ideal platform for the internationalization of companies.

Reduction of Indirect Taxes

In the ZEC, certain indirect taxes that exist in the rest of Europe do not apply, which further reduces the tax burden on your business.

Incentives for Investment and Job Creation

Tax incentives are designed to favor job creation and encourage business growth.

Your Complete Business Strategy from the Canary Islands

In Advixy, we not only help you to take advantage of the tax benefits of the ZEC, but we design a complete business strategy, tailored to the specific needs of your company.
From the Canary Islands, we offer you a solid starting point for your international expansion. Our team of experts in taxation and international business will guide you through the entire process, ensuring that you make the most of the advantages of the Canary Islands Special Zone.

Why the Canary Islands is the Ideal Gateway

Strategic Geographic Location

The Canary Islands are located in a key point to connect Europe, Africa and America, allowing you to operate efficiently in three continents from the same base.

Modern Infrastructure and Connectivity

The Canary Islands have a first class transport, telecommunications and logistics infrastructure, which facilitates mobility and international trade.

Reduced Operating Costs

In addition to tax benefits, operating from the Canary Islands offers competitive labor and logistics costs compared to other European regions.

Our Specialized Approach

Advixy accompanies you every step of the way, from the initial planning of your company’s tax structure to the implementation of your international strategy.
We are experts in helping companies expand globally by taking advantage of the ZEC, optimizing your profitability and minimizing risks.

Ready to open your company to new markets from the Canary Islands? Contact us and find out how our consultancy can guide you in the internationalization process using the Canary Islands Special Zone as a springboard to Europe, America and Africa.