Presentación en Escarate

The ZEC presents its taxation in Madrid to multisectoral companies interested in the Canary Islands as a business platform for West Africa

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Canaries.- Fruit of the promotion policy of the Special Canaries Zone (ZEC), the Vice-President of the Consortium, Pedro Alfonso, presented today, Friday 8 June, at the Genova Finance Club (Madrid), the advantages of this incentive for all multi-sectoral companies on the clients’ portfolio of Escárate Asesores, a prescribing firm that disseminates the taxation of this instrument and which will open an office in Ghana.

For this reason, Escárate Asesores organized the seminar, ‘Canaries: Present and future as an investment pole’ with the collaboration of the Government of the Canary Islands, the Ghana Embassy in Madrid and the Consortium, aimed at investors interested in expanding their business towards West Africa. The presentation of the ZEC regime was incorporated in the programme designed for the day, where Alfonso and the director of the ZEC investor care Agency, Olga Martín, explained how the competitive advantages of this incentive constitute an attractive opportunity for operating with the African markets, as the Islands have a great deal of opportunities given their geo-strategic position regarding the proximity to the neighbouring continent.

The seminar started with the presentation by the partner of the Escárate Asesores firm, Luis Vílques, and talks by the director of the Escárate Asesores office in Santa Cruz de Tenerife, Raquel Castro, who spoke on the Special Tax Scheme of the Canary Islands, and the other members of the firm, Daniel Arteaga and Jorge Gómez, who explained the characteristics of the film and audiovisual industry of the Canary Islands. The Director of the Investment Division of the International Economic Development Corporation (PROEXCA), Carmen Sosa, highlighted the role of the Canary Islands as an investment pole in the European Union (EU).

Finally, the section referring to the Canary Islands as hub for investments in West Africa; Ghana the main entry into the region had interventions by representatives of the Ghana Embassy in Spain and the Escárate Asesores partners, Kwesi Chinbuah and Catherine Acolatse.