ICT


 

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.

BUSINESS OPPORTUNITIES

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.

SOFTWARE AND DIGITAL SERVICES

TECHNOLOGY PLATFORMS

DATA MINING

TELECOMMUNICATION SERVICES, NETWORK PROVIDERS, GPS TRACKING

CALL CENTERS AND INFORMATION SERVICES

 
 
 

TAX ADVANTAGES

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.

REQUIREMENTS

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.

OTHER TAX INCENTIVES

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.

COMPETITIVE ADVANTAGES

Infraestructuras y recursos disponibles:

  • Centros de investigación de primera línea a nivel internacional dentro del Mapa Nacional de Infraestructuras Científicas y Técnicas Singulares (ICTS): Plocan, Observatorio del Teide, Observatorio Roque de los Muchachos y Grantecan.
  • Supercomputación:
    • La Palma2 y Atlante (dos de los diez supercomputadores más potentes de España pertenecientes a la Red de Supercomputación de España –RES- dirigida a impulsar diversos proyectos científicos)
    • El superordenador Teide-HPC (High Performance Computing), el segundo más potente de España que ofrece a investigadores, empresas del Parque Tecnológico y Científico de Tenerife, y a la Universidad de La Laguna, un medio de alta capacidad de proceso, para mejorar y ampliar el alcance tanto nacional como internacional de las investigaciones.
  • Parques Científico-Tecnológicos (Tenerife, Gran Canaria y Fuerteventura): soporte al desarrollo de proyectos de inversión de base tecnológica.
  • Instituto de Astrofísica de Canarias (IAC) e Instituto Tecnológico de Canarias (ITC):
  • Red de cables submarinos & lazos de fibra óptica: conexión del Archipiélago con la Península Ibérica y países como Sudáfrica, Portugal e Italia, así como con regiones del sudeste asiático y el continente americano.
  • Centro de datos D-ALIX (http://d-alix.com/): cobertura a las necesidades técnicas y de servicio demandadas por los operadores de telecomunicaciones instalados en el territorio nacional y necesarias en todo caso para eliminar la brecha digital existente entre Canarias y el resto de regiones europeas.
  • Televisión Digital Terrestre (TDT): posibilidad de apertura de nuevas frecuencias de emisión.
  • Servicios Auxiliares para Móviles: tasa de penetración de la telefonía móvil por encima de la media de España y con un mercado altamente competitivo.
  • Software de Código Abierto: inigualable marco para el desarrollo de modelos de negocio basados en software libre, con un mercado en crecimiento y un fuerte apoyo del sector público.

Empresarial:

  • Oportunidades de negocio para proyectos innovadores y de base tecnológica
  • Régimen fiscal único
  • Plena seguridad jurídica
  • Costes de establecimiento menores

Recursos humanos:

  • Profesionales cualificados, ingenieros y formación profesional especializada
  • Salarios competitivos
  • Poca rotación de personal