Canary Islands are located in a fragmented and outermost region, which creates a favourable atmosphere for the generation and development of projects enabling them to be connected with the world.

In this sense, the Archipelago is an excellent territory for the establishment and development of any activity related to the Information Communications Technology.

Therefore, ICT companies willing to establish or move their facilities to the Canary Islands will have access to a wide variety of infrastructures and resources:

  • Location and geo-strategic links
  • Excellent services and communication infrastructures
  • Qualified and competitive human resources
  • Leading technology research

All these characteristics along with one of the highest standards of quality of life in Europe, the favourable environment in terms of business and advantageous tax conditions make the Islands a technology hub with a great potential for the development of activities related to the sector.


Canary Islands are presented as an ideal business hub for the development of activities related to the technologies applicable to multiple sectors such as tourism, training and smart cities and destinations.








Special levy on corporate tax of 4%

Exemptions from…

  • The distribution of dividends to companies in Spain, Europe or non EU companies.
  • The tax on Goods Transfers and Stamp Duty in the event of the acquisitions of assets and rights for the development of the activity, corporate operations and certain stamp duties.
  • The Canary Islands General Indirect Tax (IGIC) -general rate of 7%- in the provision of goods and services between ZEC entities, and in the import of goods.

And Full compatibility with other tax incentives from the Economic and Fiscal Regime (REF) of the Canary Islands.


Investment and employment

  • Gran Canaria: 5 jobs- 100.000€
  • Tenerife: 5 jobs- 100.000€
  • Fuerteventura: 3 jobs- 50.000€
  • Lanzarote: 3 jobs- 50.000€
  • La Palma: 3 jobs- 50.000€
  • La Gomera: 3 jobs- 50.000€
  • El Hierro: 3 jobs- 50.000€

The entity must be newly-created.
Registered office and effective place of management in the Canary Islands.
At least one of the administrators must be resident in the Canary Islands.
Corporate purpose: within the authorized activities in the ZEC.


Reserve for Investments in the Canary Islands: Possibility to reduce the tax base, up to 90% of the non-distributed net profits, in corporate tax.
Deduction for R+D+I: Up to 45% in corporate tax.
Cash back: Possibility to take advantage from the deduction for R+D+I generated by entities in case such deduction could not be previously applied.
Exemption from the Canary Islands General Indirect Tax (IGIC).
Tax rebate for research staff exclusively registered in R+D+I activities regarding the social security contribution.
Patent box: A reduction in the tax base because of incomes derived from the transfer (or transmission) of certain intangible assets.


Available infrastructures and resources:

  • First-rate research centers on a global basis within the National Map of Unique Scientific and Technical Infrastructures: Plocan, Teide Observatory, Roque de los Muchachos Observatory and Grantecan.
  • Super Computing:
    • La Palma and Atlante, two of the ten most powerful super-computers in Spain, which belong to the Spanish Super Computing Network created to drive a range of different scientific projects.
    • Teide-HPC (High Performance Computing) super-computer, the second most powerful in Spain, which offers a means of high processing capacity for researchers, companies from Tenerife Technology and Science Park, and the University of La Laguna to improve and broaden the scope of the investigations, both nationally and internationally.
  • Science-Technology Parks (Tenerife, Gran Canaria and Fuerteventura): support for the development of tech-based investment projects.
  • The Canary Islands Astrophysics Institute and the Canary Islands Institute of Technology.
  • Submarine cable connections and fibre optic, which connect the Canary Islands with the Spanish Mainland and countries such as South Africa, Portugal and Italy, and regions such as South East Asia and America.
  • D-ALIX data center (http://d-alix.com/) covers the technical and service requirements demanded by all telecommunications operators providing their services in Spain. These are also necessary in order to effectively bridge the digital divide between the Canary Islands and the rest of Europe.
  • Digital Cable Television: new broadcasting frequencies can be opened up.
  • Auxiliary Mobile Services. With an above-average penetration rate for mobile telephones and a fiercely competitive market.
  • Open Source Software offers an unrivalled setting for developing business models based on open source software, with a growing market and strong support from the public sector.


  • Business opportunities for innovative and tech-based projects.
  • Unique tax regime.
  • Full legal security.
  • Lower establishment costs.

Human resources:

  • Qualified professionals, engineers and specialised vocational training.
  • Competitive salaries.
  • Low turnover.