The Canary Islands, the best place for doing business
With outstanding infrastructures, services and advantages of the European lifestyle, the Canary Islands enjoy the best tax climate in Europe, full connectivity to access to global markets and experienced as well as exceptionally well-skilled workforce.
The best tax system in Europe
As a European outermost region, the Canary Islands have an Economic and Tax System (REF) of their own which is transparent, applies double taxation conventions and complies with all EU guidelines and competition laws. The key features of this attractive tax regime include: the lowest corporate tax rate (4%) and VAT (7%) in Europe and the highest refundable R&D fiscal incentives on the planet.
A strategic location for your business.
With political stability, outstanding infrastructure and services, the Canary Islands are a pro-business region favourable to companies of all sectors and sizes. A strategic location for establishing the headquarters of companies to access to the EU market, furthermore, it is the ideal gateway to operate in west African countries. Advanced transport linked by air and sea and ultimate telecommunications infrastructure enables total connectivity from the Canary Islands to the rest of the world.
Key business opportunities
Companies already established in the Canary Islands
Quality of life
Attracted by the best climate in the world, cosmopolitan atmosphere, well-developed health + education systems and affordable cost of living, the Canary Islands are a top tourism destination for Europeans.
Solid know-how and Workforce
The Canary Islands possess a solid know-how in key sectors and have talented and diverse workforce to assist the needs of the companies settled in the market. The Canary Islands, as being part of the EU, allows personnel mobilization without visa requirement.
Guaranteed Security
As part of the European Union, the Canary Islands guarantees full application of the European legal framework. Companies appreciate the Canary Islands' transparent and stable environment for doing business. The Canary Islands have extremely transparent fiscal regulations, fully approved by the European Union and Double Treaty Agreements signed by Spain.
Success Cases
Companies that have already taken advantage of the Canary Islands ecosystem
The Canary Islands are the best destination in Europe for the audiovisual and animation sector because they have some of the best incentives in the world
Arthur Lener. CEO
The Canary Islands are a bridge to Africa and have first rate, professional services"Jose Manuel Rodríguez Macías. CEO
The security of operating in the Canary Islands means that there are not surprises when it comes to regulations and policies”Nils-Reider Olsvit Valle. Service Center Manager
Latest news
Current information and events
Las Palmas de Gran Canaria hosted the IMPA Las Palmas international event last week, one of the five annual meetings organized by the International Marine Purchasing Association.
The event was carried out in collaboration with Provicanarias and received support from the Government of the Canary Islands through...
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The visit of Latin American companies, looking to establish their presence in the Canary Islands for expansion, has successfully concluded.
Several of these technology-based firms are now seriously contemplating the feasibility of operating from the Canary Islands. The companies that...
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Canary Islands’ Tax Incentives for Science Drive Employment in R&D
Over the past three years, the region has witnessed an impressive 50% surge in individuals dedicated to the R&D sector...
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Arquimea Research Center triumphs in the business field thanks to its commitment to generating rapid and highly marketable scientific advancements.
Society relies on science to progress, but few choose to venture down this path where uncertainty and risks are an...
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The tech ecosystem of the Canary Islands attends the South Summit
During the recent South Summit in Madrid, PROEXCA actively took part alongside numerous stakeholders from the tech ecosystem of the...
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The Canary Islands, a tri-continental platform
Did you know that as an outermost region (OR) of Spain with an intercontinental platform, the Canary Islands are an...
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Canary Islands Special Zone (ZEC): The best taxation in Europe
Taxation is one of the many aspects companies have to consider when setting up their headquarters. Connectivity, proximity to clients,...
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The Canary Islands, the best place to develop innovative projects
The Canary archipelago has positioned itself as one of the top R&D&I locations in Spain. This is due to the...
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Reasons to move your company to the Canary Islands
Have you ever considered moving your company to the Canary Islands? While the islands are perhaps best known for their...
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PROEXCA shows the advantages of the Canary Islands to American and Canadian animation studios
PROEXCA, under the management of the Canary Islands Government, on behalf of the Audiovisual Department Canary Islands Film, and in...
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Airbnb: “The Canary Islands, a top destination for digital nomads”
Airbnb published 20 destinations where to live and work remotely, and it is not surprising that the Canary Islands are...
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Best in Gran Canaria: the ‘Practical guide to setting up in Gran Canaria’
Have you ever thought about moving abroad but don’t know where to start? There are a lot of things to...
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The Canary Islands tax guide for the video game industry is now available to download
The video games industry is one of the industries with the best prospects at a global level, with a growth...
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The Canary Islands gain visibility in the Spanish innovation ecosystem
The Spanish innovation ecosystem The Spanish entrepreneurial ecosystem has grown and matured in 2021, with the fintech sector leading the...
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Canary Islands Business Navigator is the perfect ally to locate your business in the Spanish Canary Islands
Canary Islands hub launches Canary Islands Business Navigator Canary Islands Business Navigator is an innovative tool developed by GIS Planning...
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5 reasons to select the Canary Islands as your next filming destination
Why the Canary Islands should be your next filming destination Making a movie is no easy feat. Such a complicated...
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Three ways companies are encouraging their Outsourcing service providers to innovate
Outsourcing innovations One of the many rules in today’s business world is that you can’t become complacent. As soon as...
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Top 3 things to consider to attract and retain talent for your start-up
Attract and retain talent Unfortunately, nowadays many people are unhappy at their current jobs. It’s sad, but it´s very true....
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New hit Amazon Prime series Visual Effects and the Canary Islands
El Ranchito and Game of Thrones I believe it´s fair to say that everyone knows about Game of Thrones. However,...
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It’s the team that lifts the company off the ground
Entrepreneurs and amazing ideas We have all heard it before in movies and TV shows when entrepreneurs bump into a...
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Three levels of tax incentives for the animation industry in the Canary Islands
3 levels of tax incentives for the animation industry in the Canary Islands Filming in the Canary Islands What would...
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10 reasons to team up with Canary Islands companies to make business in Africa
The geostrategic position of the Canary Islands Have you ever noticed how incredibly close the Canary Islands are to Africa?...
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Millennials work-life balance and flexibility in the workplace as a new trend
Work-life balance as a new trend Work hard, play hard. That seems to be the self-proclaimed leitmotif of Millennials and...
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Numbeo ranks the Canary Islands on the top 15 places with the best quality of life
Outstanding quality of life Numbeo, the world’s largest cost of living database, ranks the two Canary Islands provincial capitals, Santa...
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The Canary Islands are the best kept secret for site selectors
The best kept secret for site selectors The Canary Islands, the new international business hub, are looking for site selectors to...
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VFX Industry is growing and looking for friendly locations to optimize costs
We can’t stop consuming TV! At least that is what it seems, judging by how much television and new media...
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The Canary Islands have emerged as an audiovisual destination after a year of remote advertising productions
Remote filming in the Canary Islands Embracing remote filming supported by streaming platforms Like many industries around the world, the...
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Canary Islands as the fresh have-it-all audiovisual production location
Canary Islands as the fresh have-it-all audiovisual production location If you’re a producer in the audiovisual sector, you’re already well...
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Looking for a place to base your start-up? Consider the Canary Islands
Why basing your startup in the Canary Islands Are you looking for the absolute perfect location to base some of...
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Top five things executives look for when selecting an outsourcing destination
According to Capgemini’s second annual Executive Outsourcing Survey, these five things are what executives look for when selecting an outsourcing...
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One-Stop-Shop for Blue Economy activities
One-Stop-Shop for Blue Economy activities The Canary Islands, situated in the Atlantic Ocean, are famous worldwide as a powerful destination...
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Investment opportunities in the Canary Islands
Javier Pérez Solans has a degree in Environmental Sciences and education in business management, international trade and Big Data. He...
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Key trends in the outsourcing Industry
The natural paradise called the Canary Islands Holidays and work don´t usually go together. In fact, one normally excludes the...
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Why advise your clients to open a tech office in the Canary Islands
Are you a consulting company? Do you want to be blown away by site location advice? Then keep reading my...
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The video game industry offers investment and employment opportunities in the Canary Islands
According to the ‘Libro Blanco del Desarrollo Español de Videojuegos‘, presented by the Spanish Association of Video Game and Entertainment...
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Leveraging the Canary Islands proximity for doing business in Africa
Strategic location in the Mid Atlantic Here is something you already knew: the Canary Islands are a fantastic location for...
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Benefits of establishing your startup in the Canary Islands
What if we told you… that spending in R&D and Innovation, which actually sum up most of your start-up expenses,...
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The Business Ambassadors Program seeks ambassadors to promote the Canary Islands as a FDI destination
As part of the Operational Strategy for the Internationalisation of the Canary Islands Economy, the Business Ambassadors Program (BAP) aims...
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PROEXCA launches the European Cluster Meeting to promote the internationalization of clusters
PROEXCA organizes the European Cluster Meeting, in collaboration with ACIISI, ITC, EEN and the European Commission, which will take place...
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5 simple steps to build an effective software factory
Are you thinking about opening a software factory? Are you already in business as an outsourcer? Well, keep on reading...
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Smart Cities’ startups and researchers can learn a lot from an island
The Smart society We live in the society of Smart: smart watches, smart beds, smart phones, TVs, the list goes...
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Opening a research centre in the Canary Islands: a business case
The traditional architecture for R&D organization has changed over the years. The classic model with one central R&D office where...
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Marine Biotechnology opportunities in the Canary Islands
I bet you associate the Canary Islands with sun, beach and holidays. However, do you also associate them with top-notch...
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How to lure millennial talent into your start-up
What Millennials want: How to attract and retain millennial talent Almost every modern business sector out there is employing Millennials,...
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Top 10 factors for business sites selection
One of the most important boxes to tick when opening a business is it´s physical location. This will unavoidably affect...
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Renewable Energy solutions in the Canary Islands
Energy is, by its own definition, one of the very engines that keep the world spinning. However, not all regions...
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Imagine a working day in the Canary Islands
Workers from all over the world have chosen to work from the natural paradise called the Canary Islands. The Spanish...
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Trisbee begins its expansion in Europe from the Canary Islands
Trisbee is a technology company from the Czech Republic that offers an innovative digital payment method between businesses and their...
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Software Advisory Service seeks talent in the Canary Islands
Software Advisory Service foresees the creation of 65 jobs in the Canary Islands and up to 150 jobs in the...
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ATOS Consulting Canarias, a success story
ATOS Consulting Canarias, a success story of outsourcing and shared services in the Canary Islands. We will let you in...
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Videogames workers ask for quality of life
I believe it´s inevitable to associate videogames with having fun. They are entertainment we enjoy at home or at a...
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Expat life in the Canary Islands: Sun, Sea and Family
In a world where it’s usual for high-skilled workers to flee their country to find a career opportunity that match...
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Talent demands quality of life
The way we employ workers has shifted dramatically in recent years. The uncontested leverage big companies have always had is...
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WOMAN IMPACT Virtual Summit, 9-12th November 2020
What is ‘Woman Impact Summit’? Woman Impact Summit is a virtual event that will take place from 9 to 12th...
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Repeople Conference, 5-6 November, 2020
Repeople Conference is Europe’s largest remote work event, this year celebrating its 5th edition – an opportunity to learn, connect...
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Master in Video Game Development to support videogames Industry
It’s no secret that in the new economy, talent is the new bedrock upon which 21st century specialized industries lie....
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Canary Islands renews and increases the benefits of the successful Business Ambassador Program (BAP)
As one of the 65 initiatives included in the Operational Strategy for the Internationalization of the Canary Islands Economy, the...
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StartupBlink places the Canary Islands among the best business innovation hubs in Spain
According to the report prepared by the international consulting firm StartupBlink, The Canary Islands are ranked as one of the...
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The Canary Islands, leaders in renewable energy, to be the home of Spain’s first offshore wind farm
This new infrastructure will make the Islands leader in offshore wind energy and will position them as a strategic location...
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Marvel will film the largest production in Europe this 2019 in the Canary Islands
The production The Eternals is an adaptation of Jack Kirby’s 1976 graphic series “The Eternals”. The plot of the story...
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The German company Hyve Innovation Community opens an office in the Canary Islands
The arrival of HYVE will boost the Canary Islands business environment and help to establish the IT and R&D sector...
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El Ranchito and the Canary Islands, a safe bet
The company’s director, Félix Bergés, points out two main reasons why the company opted for the Canary Islands. Firstly, their...
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EON Reality, the world leading virtual reality corporation from Silicon Valley chooses the Canary Islands as their Spanish headquarters
The company from Silicon Valley will begin operating in Gran Canaria in the next few weeks and their first project...
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Renewable marine energy in the Canary Islands
The Esteyco prototype, which generates 5 MW of power, was transported to its final position, in the Canary Oceanic Platform’s...
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Google will use the data centre in the ITER to boost its connections in Africa
This agreement will help to make the Islands more attractive for tech companies looking for the right location for their...
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