Explore the Canary IslandsCANARY ISLANDS · COMPANY FORMATION

Your company in the Canaries.Your market, Europe.

Specialists in company formation and business establishment in the Canary Islands. We support your SL or SLU setup, assess potential ZEC projects and help prepare your activity for growth in Europe.

Port of Las Palmas de Gran Canaria, with commercial facilities, ships and the city in the background
Las Palmas de Gran Canaria · International connectionsPhoto: Bengt Nyman · Wikimedia Commons · CC BY 2.0. Adapted for web formats.
01 / WHY THE CANARY ISLANDS

A European base.An international outlook.

The Canary Islands are part of Spain and the European Union and have their own Economic and Fiscal Regime. Their suitability as a business base depends on your activity, customers and the establishment your project needs.

01

A European framework

Develop your business through a Spanish company within the Spanish and European legal framework. Cross-border operations are prepared according to the rules and type of activity involved.

02

Tax incentives for eligible projects

We assess potential eligibility for Canary Islands incentives. Authorised ZEC entities may apply a 4% rate to the eligible portion of their taxable base, subject to legal limits and conditions.

03

International reach

A location between Europe, Africa and the Americas from which to organise services, commercial relationships and international projects with a business base in the islands.

ZEC access requires authorisation and registration, an authorised activity, a registered office and effective management in the Canary Islands, and compliance with the applicable employment, investment and management requirements. Each project is assessed before an application is proposed.

02 / HOW WE HELP

From an idea to an established business.

SL & SLU

Company formation

We support the choice of structure, document preparation and coordination with the notary, registry and registration professionals responsible for the process.

ZEC

Project assessment and preparation

We review your activity, resources and initial eligibility. We coordinate preparation of the project memorandum and the agreed authorisation and registration procedures.

ESTABLISHMENT

Launch and development

We define the next operational steps and coordinate accounting and tax support. Brand strategy, website development and commercial preparation are included when part of the agreed scope.

SCG Global coordinates the project. Legal, tax and accounting services are provided through qualified and authorised professionals where required. Scope, responsibilities and terms are set out in the proposal.

03 / THE PROCESS

A clear next step.

01

Tell us about your project

Your activity, country of residence, markets, team and intended start date.

02

We assess the structure

We consider SL or SLU, potential ZEC eligibility and the resources needed to operate.

03

We coordinate the setup

A concrete proposal covering services, professionals, documents and next steps.

Before you begin.

What is the difference between an SL and an SLU?

An SLU is a Spanish limited liability company with a single shareholder. The choice and documentation are reviewed according to the founders, activity and project structure.

Does every company in the Canaries pay 4% tax?

No. The 4% rate belongs to the ZEC regime for authorised and registered entities and applies to the qualifying portion of the taxable base, within legal limits. Forming an SL or SLU does not provide automatic access.

Can I work with customers in other European countries?

Yes. Invoicing, destination-country obligations and the treatment of each transaction must be reviewed for the activity concerned. The Canaries are in the EU and its customs territory but outside the EU VAT territory, with their own indirect tax, IGIC. Goods shipments may require specific formalities.

Is a Canary Islands address enough to qualify for ZEC?

No. A genuine establishment is required, together with compliance with rules on effective management, administration, activity, employment and investment, subject to statutory conditions and exceptions. We assess feasibility before preparing an application.

Can I start the enquiry from another country?

Yes. The first enquiry is handled online. We review your circumstances, documents and local presence and management needs before agreeing how to coordinate the procedures.

How much does the process cost and how long does it take?

This depends on the structure, activity, documentation and required procedures. The proposal distinguishes the professional scope from anticipated third-party costs. Administrative processing times and ZEC authorisation are assessed for each application.

Further official information

Tell us about your Canary Islands project.

Tell us what you want to develop and your target markets. We will work with you on the next step.

info@scgglobalgroup.com

Your email application will open with the enquiry ready for you to review and send. You can also write to info@scgglobalgroup.com.

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