Canary Islands.- The Director of the Santa Cruz de Tenerife Investor Relations Agency of the Canary Islands Special Zone (ZEC), Olga Martín, and the Director of International Investment of the Canary Islands Economic Development Agency (PROEXCA), Carmen Sosa, participated in a round table organised by the Chamber of Commerce of Sassari (Sardinia), which focused on issues relating to the internationalisation of SMEs and the role of European Union (EU) tax incentives in contributing to the development of island economies. Representatives of various business associations interested in learning about the Canary Islands’ tax system attended this debate.
Both the ZEC and PROEXCA gave their views and explained to the participants the advantages of the Canary Islands’ Economic and Fiscal Regime (REF), particularly those of the ZEC, as well as the business opportunities offered by the Canary Islands as a geostrategic enclave from a tri-continental point of view. This round table, in which the Canary Island institutions participated via videoconference, is the starting point for a closer collaboration with the Sassari Chamber of Commerce in the future, taking into account the similarities that exist between the economies of both regions.