Why Tenerife

Members

As a platform to help investors and promote business destinations, Why Tenerife is made up of a network of public and private institutions that includes the Port Authority of Tenerife, the Island Council of Tenerife, the Chamber of Commerce of Tenerife, the
Canary Islands Special Zone (ZEC) and the Tenerife Free Zone (ZFT).

As a platform to help investors and promote business destinations, Why Tenerife is made up of a network of public and private institutions that includes the Port Authority of Tenerife, the Island Council of Tenerife, the Chamber of Commerce of Tenerife, the
Canary Islands Special Zone (ZEC) and the Tenerife Free Zone (ZFT).

Island Council of Tenerife

Governing body of the island of Tenerife holding the powers laid by the Statute of Autonomy of the Canary Islands as well as a series of powers delegated from other bodies of territorial administration.

Island Council of Tenerife

Governing body of the island of Tenerife holding the powers laid by the Statute of Autonomy of the Canary Islands as well as a series of powers delegated from other bodies of territorial administration.

Chamber of Commerce of Santa Cruz de Tenerife

Institution that represents, promotes and defends the general interests of Commerce, Industry, Services and Navigation. It provides assistance, training and support services for the consolidation and competitiveness of companies.

Chamber of Commerce of Santa Cruz de Tenerife

Institution that represents, promotes and defends the general interests of Commerce, Industry, Services and Navigation. It provides assistance, training and support services for the consolidation and competitiveness of companies.

Port Authority of Tenerife

It forms part of the Spanish port state system and manages the ports of the province. It is responsible for the realisation, authorisation and control of maritime and land operations related to port traffic and port services, and the promotion of industrial and commercial activities related to maritime or port traffic.

Port Authority of Tenerife

It forms part of the Spanish port state system and manages the ports of the province. It is responsible for the realisation, authorisation and control of maritime and land operations related to port traffic and port services, and the promotion of industrial and commercial activities related to maritime or port traffic.

Canary Islands Special Zone (ZEC)

Low-tax zone created within the framework of the Canary Islands Economic and Fiscal System (REF) with the aim of promoting the economic and social development of the Archipelago and diversifying its productive structure. All entities and branches that wish to carry out an industrial, commercial or service activity included in the list of permitted activities may set up in the ZEC and take advantage of its reduced tax rate of 4%.

Canary Islands Special Zone (ZEC)

Low-tax zone created within the framework of the Canary Islands Economic and Fiscal System (REF) with the aim of promoting the economic and social development of the Archipelago and diversifying its productive structure. All entities and branches that wish to carry out an industrial, commercial or service activity included in the list of permitted activities may set up in the ZEC and take advantage of its reduced tax rate of 4%.

Tenerife Free Trade Zone (ZFT)

Area reserved for storage, handling or transformation of goods, regardless of origin, destination, quantity or nature. It offers advantages in terms of administrative processing, tariffs and taxes, fully compatible with other incentives such as those of the Canary Islands Special Zone (ZEC).

Tenerife Free Trade Zone (ZFT)

Area reserved for storage, handling or transformation of goods, regardless of origin, destination, quantity or nature. It offers advantages in terms of administrative processing, tariffs and taxes, fully compatible with other incentives such as those of the Canary Islands Special Zone (ZEC).

More information can be found in the Guide for Doing Business in Tenerife