STAND NUMBER: 382
Best in Gran Canaria
Best in Gran Canaria is an initiative promoted by the representative entities of Gran Canaria whose main purpose is to attract investments, businesses and professionals to the island.
Gran Canaria is one of the Canary Islands, an autonomous region forming part of Spain and, therefore, of the European Union. As it is a fully integrated territory, the applicable legal system is that of Spain and the European Union.
The island offers a very attractive tax system for companies and professionals. Its own special Economic and Fiscal system, entirely compatible with European regulations, offers reduced taxation on company profits and on consumer goods as well as access to other incentives to business investment, R&D and Technological Innovation activities and audiovisual productions. In particular, businesses set up in the Canary Islands Special Zone (ZEC) are subject to a reduced level of corporate tax (4%).
On the other hand, there are various factors that aid business development in Gran Canaria: the important regional market, influenced by the high demands of tourism, the availability of talented and qualified young people and a competitive supply of spaces and services for the location of business activities
Gran Canaria has excellent port and airport infrastructure which guarantees that, despite its insularity, there are frequent connections extending to all the countries of Europe and to the African continent. Furthermore, there is a wide range of specialised services in the Las Palmas Port area. The Airport of Gran Canaria (LPA) connects the island with over 100 destinations in Spain, the rest of Europe and Africa.
Last but not least, Gran Canaria is internationally renowned as a tourist destination on account of the quality of life that both residents and visitors can enjoy. Its excellent climate (average temperatura of 23ÂºC along the whole year), magnificent scenery and wide range of leisure-time options, moderate cost of living (40% on the cost of living in London) and wide range of services available make it an ideal place to live and work.
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