The Canary Islands are a Spanish archipelago located in the Atlantic Ocean off the coast of Morocco: made up of seven major and other minor islands, all of volcanic origin, which form an Autonomous Community of Spain. There are two capitals: Santa Cruz de Tenerife and Las Palmas de Gran Canaria.
Let’s discover the Canary Islands together
The Canary Islands – Autonomous Community of Spain – are recognized by Europe and therefore there are eight reasons to invest here:
- it is a stable European country
- it has a growing economy and a ZEC Zona Especial Canaria with a reduced tax regime
- it has human resources of different nationalities who speak several languages
- modern infrastructures exist and are very well connected to both Europe and Africa
- they have a legal and fiscal framework that encourages investment
- it is privileged access to the markets of the African continent and to the international ones
- it can offer a high quality of life with a mild climate all year round
- they provide a very attractive business climate
Some activities are strategic for the Canary Islands
- Environment, ecology, recycling, transformation
- Handicraft
- Automation, technology, electronics, information technology, ITC and innovation, robotics (research and development)
- Pharmaceuticals: cultivation and processing, biotechnology, and health sciences
- SMEs
- Communication, audiovisual
- Theme parks
- Air, naval and aeronautical sector
- Real estate sector for renovation and recovery
- Services for companies and individuals, e-commerce, call-centers, training and e-learning, health and therapeutic assistance
- Trading, import/export, wholesale, logistics, brokerage
- High-level tourism
The ZEC, Zona Especial Canaria
Ley 19/1994, de 6 de julio, de modificación del Régimen Económico y Fiscal de Canarias.
Capitals
Santa Cruz de Tenerife and Las Palmas de Gran Canaria
Official language
Spanish
Political form
Autonomous Community of Spain
National holiday
12 October: Spanish National Day
Each island of the Canary Islands also has its own public holidays:
Tenerife
February 2
Our Lady of Candelaria
La Palma
5th August
Our Lady of the Snows
Gran Canaria
September 8
Our Lady of the Pine
Lanzarote
September 15
Our Lady of Sorrows
Fuerteventura
3 Saturday in September
Our Lady of the Peña
El Hierro
September 24
Our Lady of the Kings
La Gomera
Monday following the first Saturday of October
Our Lady of Guadalupe
Population
Over 2,000,000 inhabitants
Currency
EUR
Telephone indicative
+34 928 or 922
Internet code
.es
Borders
Atlantic Ocean
Documents and visas
ID card from European countries

Go abroad and export can give companies a second life
A good internationalization strategy can truly change the fate of companies.
So exporting, finding partners or doing joint ventures can broaden the market for any company.

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