Canary Islands.- Many are the economic activities that in the Canary Islands can be carried out under the tax incentives through one of the tools designed to diversify the structure of its business fabric: the Canary Islands Special Zone.
This incentive of the Economic and Fiscal Regime (REF) of the Canary Islands, authorized by the European Commission (EU) in 2000, has favored the entry of foreign capital in strategic sectors for the growth of its economy and the creation of value-added employment .
The photograph that collects the memory of the entity from the previous year lists eight as the major sectors of activity, those most dynamic and with the greatest prominence. All of them have acquired an important dimension either due to the number of companies, the volume of business or the generation of employment, such as:
Distribution, logistics and transportation
Servicios de apoyo al turismo
Information and communication technologies (ICT)
Manufacturing
Renewable energy
Services related to port infrastructures
Outsourcing and business services
Audiovisual: animation and videogames
All the activities carried out under these have the best conditions in the Islands derived not only from the reduced taxation of this economic policy tool, but from other incentives whose purpose is to boost business activity on the Islands.