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SANTA CRUZ DE TENERIFE, Spain
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About

The Canary Islands Special Zone (ZEC) is a low-tax area within Spain designed to attract investment and promote economic development. Companies operating under the ZEC benefit from a reduced corporate tax rate (as low as 4%), exemptions on certain local taxes, and advantages in indirect taxation. It also offers access to the EU market, strategic geographic location, and incentives for international business expansion. To qualify, firms must meet specific investment and employment requirements, making it especially attractive for sectors like technology, logistics, and international services.

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ENERGY SECTOR

Power Generation and Transmission/Transformation EquipmentCentral HeatingGreen Power GenerationPower Lines ConstructionEnergy Saving and Energy Efficiency Equipment and TechnologiesIndependent Power SupplyEcology and Environment Protection Equipment and TechnologiesManufacturers of energy and electrical equipment / materials / machineryIT services and products

Dual-use technologies and civil reconstruction solutions, including de-mining

Dual-Use TechnologiesDronesPrecision metallurgy machinery

CONSTRUCTION SECTOR

Water Supply Technologies & water treatmentWaste Water Management

Additional Information

Networking/Collaboration interest

ConsultingInvestment/FinanceIPR, Legal and tax advisory

Representatives

Canary Special Zone consultant

Consultant