5 Reasons & 5 Opportunities to do business from the Canary Islands Hub
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Transcript of 5 Reasons & 5 Opportunities to do business from the Canary Islands Hub
REASONS TO RELOCATE IN THE CANARY ISLANDS
OPPORTUNITIES
FOR YOUR BUSINESS5
5 REASONS
5 OPPORTUNITIES
CONNECTIVITYREASON 1
CONNECTIVITY Integrated in the main international trade routes, the Canary Islands constitute an excellent com-mercial and logistic gateway between Africa, America and Europe
TELECOMMUNICATIONS
Submarine fiber-optic cable connections
D-ALIX Project, a bridge linking Africa with Europe and America
50 satellites provide communication services in the Canary Islands
The main telecommunication companies operate in the Canary Islands
Weekly direct flights to:
32.5 million pax/year
8 AIRPORTS(6 international airports)
United Kingdom 400Germany 300Africa 41
Estimatedflight time to:Casablanca 02:30 h.Marrakech 02:10 h.Agadir 01:35 h. Nouakchott 01:55 h.Dakar 02:10 h.Praia 02:40 h.
26 COMMERCIAL PORTS
6.6 million pax/year
Freight traffic:39.4 M TM
QUALITY OF LIFEREASON 2
QUALITY OF LIFE Just one step away from Africa, the Canary Islands offer the best climate in the world, with all the infrastructures and the luxury of a cosmopolitan environment
All the infrastructures of a 21st century region
First-class European Health and Education
Cosmopolitan, modern and cheerful atmosphere
Wide and varied cultural and leisure offer
THE CANARY ISLANDS ARE THE “EUROPEAN CALIFORNIA
24º
4,800
summer maximum
NATURAL LIGHT HOURS PER YEAR
22º annual average
16º winterminimum
141
4256
BIOSPHERE RESERVES
KM OF BEACHES
PROTECTED NATURAL AREAS
FULL SERVICES WITH MODERN INFRASTRUCTURES
10328 Hospitals 9 Public and 19 Private
HEALTH Centers 4
2 Public and 2 Private
UNIVERSITIES 19 MARINAS
24 GOLF COURSES
30INTERNATIONALSCHOOLS
4 NATIONAL PARKS32 CINEMAS
29 SHOPPING CENTERS
CULTURE AND SPORTS IN THE CANARY ISLANDS
THE CANARY ISLANDS MUSIC FESTIVAL
OPERA FESTIVAL
THEATRE, MUSIC AND DANCE FESTIVAL
VENUE OF THE WINDSURF WORLD CUP
POINT OF DEPARTURE OF THE ATLANTIC RALLY FOR CRUISERS (ARC)
E.U. LEGAL FRAMEWORKREASON 3
E.U. LEGAL FRAMEWORK Integrated in the European Union legal system, the Canary Islands offer total guarantee in the matter of security and protection to individuals and companies.
Full application of the EU legal system:
We are familiar with all the internationalanti-corruption measures:
THE CANARY ISLANDS ARE INTEGRATED WITHIN THE INTERNATIONAL FISCAL TRANSPARENCY REGULATIONS.
The Canary Islands have extremely transparent fiscal regulations, fully approved by the European Union and Double Treaty Agreements signed by Spain. Recently, several actions have been adop-ted to combat tax avoidance and offshore tax evasion by the OECD and the G20 governments. These transparent fiscal regulations, administered by the Economic and Fiscal Regimen of the Canary Islands (REF), benefit companies through legal process cost reductions.
WORKFORCEREASON 4
WORKFORCECompanies can expect to rely on qualified personnel and expertise while operating in the Canary Islands. The Canary Islands possess a solid know-how in key sectors, and have an excellent human resources unit to assist the needs of the companies settled in the Canaries for operating in neighboring countries.
TERRITORIAL DEVELOPMENT AND PLANNING
PORT SECURITYAND LOGISTICS
ENVIRONMENT
RENEWABLE ENERGIES
CIVIL INFRASTRUCTURE
LABOR POWER
50,000 UNIVERSITY STUDENTS being trained
2 PUBLIC + 2 PRIVATE UNIVERSITIES
146 PROFFESIONAL TRAINING CENTERS
15 OFFICIAL SCHOOLS OF LANGUAGES
AVERAGE COST PER EMPLOYEE (2013))
E.U.2.979 €
SPAIN2.580 €
CANARY ISLANDS2.164 €
TAX INCENTIVESREASON 5
TAX INCENTIVESAs an EU outermost region, the Canary Islandshave an Economic and Tax System (REF) of their own,fully approved by the EU, which applies double taxa-tion conventions and fiscal transparency.
The Economic and Tax System offers incentives to those that establish and develop their businesses in the Canary Islands.
The opportunity to pay lower Corporation Tax rates
(RIC)
compared to the rest of the Spanish territory
Multiple tax exemptions in INDIRECT TAXATION
exceptional economic advantages:
% EU CORPORATE TAX RATES 2013Source: Sociedad Canaria del Fomento Económico S.A. PROEXCA 2013
France
Belgium
Spain
Germany
Italy
Greece
Portugal
Netherlands
Denmark
Finland
UE
United Kingdom
Poland
Ireland
0 10 20 30 40
THE CANARY ISLAND
36,1
34
30
29,8
27,5
26
25
25
25
24,5,1
23
23
19
12,5
4%ZECCORPORATION
TAX RATE
4%
LOGISTICPLATFORMOPPORTUNITY 1
CANARY ISLANDS
LOGISTIC PLATFORMThe Canary Islands is the ideal location for establi-shing the headquarters of companies that operate in Africa. Employees and their families enjoy the best climate in the world, with the highest European stan-dards in health services and quality of life.
HIGHEST EUROPEAN STANDARD
LEGAL SECURITYPOLITICAL STABILITYQUALITY SERVICESWORLD-CLASS INFRASTRUCTURES
HEALTH AND EDUCATION
THE BEST CLIMATE IN THE WORLD
28 HOSPITALS9 public and19 private
4,800 NATURAL LIGHT HOURS PER YEAR
22ºCAVERAGE ANNUAL TEMPERATURE
103 HEALTH CENTERS
4 UNIVERSITIES2 public and2 private
30 INTERNATIONALSCHOOLS
JUST ONE STEP AWAY FROM AFRICA
Geo-strategic enclave in the tricontinental route41 weekly flight connections with AfricaMaritime connections to all African ports
OFFSHORE SERVICESOPPORTUNITY 2
OFFSHORE SERVICESWith first-class infrastructures and services, the Canary Islands ports are centers of reference in the Mid-Atlantic for ship and oilrig maintenance and repair works.
18 HECTARES ANCHORAGE AREA
14 KM QUAYS AND BERTHS
5-22 METERS DRAUGHT RANGE
12 TUG BOATS
10 RO-ROBOARDING RAMPS
40STORAGE FACILITIES
300M2 COVERED STORAGE AREA
173M2 OPEN-AIR STORAGE AREA
M2 COLD STORAGE AREA
328 M2 BUNKER STORAGE AREA
INFRASTRUCTURES TENEFIFE INFRASTRUCTURES
PROXIMITY TO STRATEGIC POINTSDistance from the Canary Islands
BY SEA TO NIGERIA >>>> 1940 milesBY SEA TO ANGOLA >>>> 3200 miles
ANGOLA
NIGERIA
RepairsSheet metal worksSuppliesInspectionsQuality controlWater analysis and water treatment(up to 18 different services)
6.6 MILLION PAX
593 SHIPS 11 OIL RIGS
39.4 MILLION MT FREIGHT TRAFFIC
ACTIVITY IN THE CANARY ISLANDS PORTS IN 2013
OFFSHORESERVICES
REPAIRS CARRIED OUT ATCANARY ISLANDS PORTS IN 2012
18 HECTARES ANCHORAGE AREA
16.8 KM QUAYS AND BERTHS
6-16 METERS DRAUGHT RANGE
5 TUG BOATS
128700
M2 COVERED STORAGE AREA
41M2 OPEN-AIR STORAGE AREA
M2 COLD STORAGE AREA
STORAGE FACILITIES
NATURAL RESEARCH LABOPPORTUNITY 3
BIODIVERSITY
of the Spanish biodiversity is concentrated in the Canary Islands
RENEWABLE ENERGIES
INFRASTRUCTURES:
2,500 hours/yearSunlight
1,700 h.production of photovoltaic systems
5-6KWh/m2Radiation
SOLAR ENERGY:
6-8 m/sAverage wind speed
3,000-4,000 h.Equivalency
WIND POWER:
ITCInstitutoTecnológicode Canarias
ITERInstituto Tecnológico deEnergías Renovables
INFRASTRUCTURES:
14,000 Terrestrial endemic species
5,500 Marine endemic species
600 Endemic plants
BEASPANISH BANK OF ALGAE
PLOCANOCEANIC PLATFORMOF THE CANARY ISLANDS
SCIENCE AND TECHNOLOGY FOR INTERNATIONAL COOPERATION
International cooperation projects developed by the Canary Islands:
The Centre of Research Applied to Renewable Energies, Desalination and Cooling of the University of Nouakchott, Mauritania, with the support of the Instituto Tecnológi-co de Canarias
The University Institute for Tropical Diseases, in the island of Tenerife, co-financed by Senegal
Advice to the Government of Cape Verde in the matter of water
management from the energy and sustainability points of view
Use of renewable energy to provide electricity to villages and isolated rural communities in West African countries
Development and implementation of small autonomous desalination plants powered by renewable energies
INSTITUTO DEASTROFÍSICA DE CANARIAS
Provides support to more than70 institutions in 19 countries
OBSERVATORIODEL TEIDE
Tenerife
OBSERVATORIO DELROQUE DE LOS
MUCHACHOSLa Palma
GRAN TELESCOPIO DE CANARIAS The largest optical and infrared telescope in the world, with a 10.4m diameter primary
NATURAL RESEARCH LAB The geographical and environmental conditions make the Canary Islands an excellent natural research labora-tory for the development and testing of new technologies, which may subsequently be implemented at continental level.
STRATEGIC BASE FORHUMANITARIAN AIDOPPORTUNITY 4
STRATEGIC BASE FOR HUMANITARIAN AIDFor its vicinity and connectivity, the Canary Islands have become a logistics base for Red Cross, United Nations World Food Programme and USAID opera-tions with Africa.
1100 m2storage area for the Food for Peace Programme
6,780
2,500 48h.
m2
PEOPLE IN
808.7 M KgAid managed from the Canary Islands, 2009-2013
Capacity of the aid platform:
RED CROSS HUMANITARIAN LOGISTICS CENTRE IN THE CANARY ISLANDS
UN WORLD FOOD PROGRAMME LOGISTICS CENTRE
One of the 5 logistics centersof this organisation is located at the Canary Islands
USAID
Cruz Roja
Cruz Roja
Canary Islands
SERVICES FOR WEST AFRICAOPPORTUNITY 5
SERVICES FORWEST AFRICAThe Canary Islands are a preferred destination for West African residents due to its first-class health services, excellent educational infrastructure, and wide cultural, commercial, and leisure offerings.
28 HOSPITALS9 public and19 private
103 HEALTH CENTERS
4 UNIVERSITIES2 public and2 private
30 INTERNATIONALSCHOOLS
624 STATE SCHOOLS
118 PRIVATE SCHOOLS
274 VOCATIONAL EDUCATION CENTERS
29 SHOPPING CENTERS
5 WATER PARKS
24 19GOLF COURSES
19 MARINAS
121,0004* HOTEL BEDS
THEATRES
57 MUSEUMS
159,9005* HOTEL BEDS
32 CINEMAS
4 NATIONAL PARKS
HEALTH EDUCATIONCOMMERCIAL AND LEISURE OFFER
CULTURAL OFFER
CINEMA
HOSPITALSCHOOL
SHOPPING CENTRE M
ARKE
T
Film FestivalOpera FestivalThe Canary Islands Music FestivalTheatre, Music and Dance Festival