Canary Islands.- The fact that the Canary Islands as a territory within the framework of the European Union (EU) have a tax incentive such as the Canary Islands Special Zone (ZEC) designed to attract international investment aimed at the consolidation of strategic sectors to advance Towards the diversification of the Canary Islands, it is at the moment more than a strength for the economy of the Islands, especially for the creation of employment and the generation of investment.
Its tax rate of 4% in Corporation Tax is the claim for companies that from a strategic location from the commercial point of view promote expansion strategies towards different markets. In the new economic panorama there are booming sectors related to R + D + i. information and communication technologies (ICT) and platforms, a whole series of business niches that project innovation and technology and for which the Canary Islands is the ideal platform since it is a safe destination for investment.