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which business activities can be conducted under the special tax zone ?
There are over 350 economic activities accepted under the Special Tax Zone. They are very diverse in nature, from industrial to commerce passing through technology.
Information & Communication Technology
Canary Islands has excellent communication infrastructure (including a network of sub-sea fiber optic cables), qualified professionals and top R&D projects like supercomputers LaPalma2 and Teide-HPC which is the second most powerful in Spain. It is an ideal tech hub for data mining, software development, digital marketing services, call centers, telecommunications services. and others.
Commerical Exports, Transportation & Logistics
In addition to the Special Tax Zone, there are Free Trade Zones which allow for provisioning, storage of goods from any origin for unlimited time, transformation, and redistribution of goods with tax exceptions for indirect taxes like the VAT equivalent (the IGIC), the Economic Activities Tax (AIEM) as well as Special Taxes imposed on the storage of goods. Feel free to send us a message for additional information.
Audiovisual Industry
The Canarian government Audiovisual Department offers up to 50% tax rebate for foreign productions. The tax incentives along with one of the best climates in the world with low rainfall and clear skies and a wide variety of landscapes the Canaries is the ideal location to shoot outdoors year-round. Also, videogames, animation films, editing, documentaries and TV series are all activiies approved to be conduncted under the Special Tax Zone.
Maritime Sector
Canary Islands is the largest provisioning, vessel reparations and ship refueling station in the Mid-Atlantic region. Under the Special Tax Zone, companies can provide reparation, assembly and maintenance services, provisioning, ship dismantling, and manufacturing of recreational yachts amongst other economic activities.
Business Services & Outsourcing
From a traditional consultancy agency, to back office services, public relations, marketing, communications, administration of fidelity programs, engineering, architecture and design and many other services can be offered under the Canarian Special Tax Zone.
Tourism Related Activities
Certain tourism related activities fall under the umbrella of the Special Tax Zone, including but not limited to: wholesale and and intermediary trade of all kinds of products for hotels and restaurants. Maintenance, private security and cleaning services for hotel resorts, boat excursions, tour-operators, travel agencies, theme parks, therapeutic activities and high performance sports centers.
Information & Communication Technology
Canary Islands has excellent communication infrastructure (including a network of sub-sea fiber optic cables), qualified professionals and top R&D projects like supercomputers LaPalma2 and Teide-HPC which is the second most powerful in Spain. It is an ideal tech hub for data mining, software development, digital marketing services, call centers, telecommunications services. and others.
Commerical Exports, Transportation & Logistics
In addition to the Special Tax Zone, there are Free Trade Zones which allow for provisioning, storage of goods from any origin for unlimited time, transformation, and redistribution of goods with tax exceptions for indirect taxes like the VAT equivalent (the IGIC), the Economic Activities Tax (AIEM) as well as Special Taxes imposed on the storage of goods. Feel free to send us a message for additional information.
Audiovisual Industry
The Canarian government Audiovisual Department offers up to 50% tax rebate for foreign productions. The tax incentives along with one of the best climates in the world with low rainfall and clear skies and a wide variety of landscapes the Canaries is the ideal location to shoot outdoors year-round. Also, videogames, animation films, editing, documentaries and TV series are all activiies approved to be conduncted under the Special Tax Zone.
Maritime Sector
Canary Islands is the largest provisioning, vessel reparations and ship refueling station in the Mid-Atlantic region. Under the Special Tax Zone, companies can provide reparation, assembly and maintenance services, provisioning, ship dismantling, and manufacturing of recreational yachts amongst other economic activities.
Business Services & Outsourcing
From a traditional consultancy agency, to back office services, public relations, marketing, communications, administration of fidelity programs, engineering, architecture and design and many other services can be offered under the Canarian Special Tax Zone.
Tourism Related Activities
Certain tourism related activities fall under the umbrella of the Special Tax Zone, including but not limited to: wholesale and and intermediary trade of all kinds of products for hotels and restaurants. Maintenance, private security and cleaning services for hotel resorts, boat excursions, tour-operators, travel agencies, theme parks, therapeutic activities and high performance sports centers.
Check if your business activity qualifies for free!
Send us a quick message detailing the nature of your business and we let you know if your business activity qualifies to be conducted under the Canary Islands Special Tax Zone. No strings attached!