Canary Islands a great opportunity…

We advise and accompany you to create a strategy for your company.

The Canary Islands is the “Gateway to Europe”, with potential benefits that help companies enter the European market from the Canary Islands.

  • We have the lowest corporate income tax in Europe, with a tax rate of 4%.
  • Dividends by ZEC subsidiaries to their parent companies with withholding tax exemption.
  • Exemption from Transfer Tax and Stamp Duty.
  • Canary Islands General Indirect Tax IGIC, being the general rate at 7%. Equivalent to European VAT.
  • Benefits of the Canary Islands Economic Fiscal Regime, endorsed by the EU, such as the Investment Reserve, the Deduction for Investments and the Free Trade Zones.

The best taxation in Europe

Canary Islands, the best taxation in the EU

The Canary Islands boosts the growth of SMEs…
4% Corporate income tax
7% General Rate (Canary Islands VAT)
Multiple exemptions
Tax deductions of up to 90%
Reinvestment and employment support

Ports of Tenerife

Connections with 278 Ports of the World
Since 2019 are registered:
-6,529,434 Passengers – 411,230 Teus – 19,698 Ships – 511 Cruise Ships
The largest lattice girder crane for ship repairs
9558 Meters of mooring line
2 International Airports
Draughts up to 19 Meters
Operating capacity of 1,000,000 Teu per year
Stevedores – 32.5 Movements per hour
Container Terminal, 10 cranes, 6 Super Post Panamax
Free Trade Zone
7 Marinas with capacity for 1189 Moorings
Tricontinental Logistics Platform (Africa – America – Europe)
Best Mid-Atlantic location
The best anchorage and bunkering area
Leaders in Cruising (3rd Spain – 7th Europe – 24th World)
24-hour bunkering service
Container Scanner
Merchandise Inspection Center with 21 docks of capacity
Port of Granadilla 3,130 meters of berthing line and up to 24 meters of draught

Ports of Las Palmas

Geographical location, bridge between Europe, Africa and America.
This strategic location has consolidated this port as a first class logistics hub with more than thirty shipping lines that connect with more than 180 ports around the world.
The Port of La Luz in Gran Canaria is the largest port in the Canary Islands and one of the most important freight distribution hubs in Spain.
It currently has almost 16 kilometers of berthing line, distributed among all its piers.
Throughout 2018, 13,241 vessel calls were recorded.
Total freight traffic exceeded 23.3 million tons.
During 2018, 2,330,190 tons were supplied, a movement of 1,034,063, returning, for yet another year, to exceed the figure of one million units.